Transcript · English
Analysis of Germany's Economic Challenges
We have someone sitting in the Chancellery
of whom one may honestly say,
he does the work for BlackRock,
not for Germany.
BlackRock CEO Larry Fink was secretly received in the Kanzleramt.
It is entirely possible that the
sellout of the Federal Republic was decided in that room.
The deindustrialization that began when we were cut off
from affordable Russian energy has now passed the tipping point.
Every entrepreneur I speak with has already taken structural decisions
that point beyond Germany.
One businesswoman from Halle told me
she is moving her entire production to Uzbekistan.
When I asked where she would find skilled workers,
she answered, I'll build the vocational school right on the factory grounds.
These are not isolated cases.
These are mid-sized companies with 900 employees.
Production lines are leaving for China and the United States.
The process takes four years and involves billions.
It is irreversible.
After the Schröder-Fischer government exempted capital gains from tax,
German banks sold their shares and American funds moved in.
Today, not a single DAX company is free of major American ownership.
Managers' bonuses and careers are controlled from outside.
Whether the money is made in the USA,
China or elsewhere no longer matters to them.
The German economy is no longer master in its own house.
177,000 industrial jobs disappeared in a single year.
15,000 more vanish every month.
And the Chancellor has publicly sworn that
Nord Stream will never restart.
This generation of politicians has tied its personal fate to
American interests in the war in Ukraine.
With them, no independent German policy is possible.
They must be replaced.
End of transcript · 271 words · machine translated