Germany Booming Despite Ukrainian Crisis

germany-2014[source]

Despite all the talk about European recession, Greek tragedies, ‘collapsing euro’ and what not, the German locomotive of the European economy is doing fine:

– Economic growth over 2014: 1.6%
– State surplus: 18 billion euro (2nd largest since reunification)
– Unemployment is low, wages are increasing.
– The renewable energy transition is well underway

And the prospects for 2015 are rather good, with current low oil prices (as long as it lasts). Imagine what would happen if normal relations with Russia could be restored.

Add to that the phenomenal German export surpluses, based on high-tech, not oil or cheap Walmart merchandise:
Country Surplus/Deficit
Germany 285
China 150
Saudi-Arabia 100
Japan -109
USA -472

Trade balance in billion $

… then it should be clear that Europe, with Germany at its economic and technological core, is rapidly advancing towards planetary pole position. In order to finish the job, France needs to find the strength to assert itself as the prime political power in Europe, realize its potential for political grandeur and accomplish a confederation with Germany and prime European military power Russia, a confederation that should succeed the EU.

Reserve Currency Status[source]
Each century a new reserve currency: Portugal, Spain, Holland, France, Britain, US

If that vision would become reality, then it is not difficult to forecast what the 7th global reserve currency is going to be, replacing the dollar.

There is currently only one party interested in torpedoing that scenario and that is obviously the US, that with all might tries to drive a wedge between the EU and Russia. The key to overcome US resistance against abdicating as the world’s hegemon lies in China. The solution is a daring European move: France en Germany simultaneously leaving NATO/the West overnight and becoming member of SCO. And pass the message to the people of European descent living in North-America that this move is directed against the Washington elite, not against them. And that if push comes to shove and things go terribly wrong in the US, Greater Europe will come to their aid, if necessary militarily, like in 1776. The likely moment that this could happen is when the US pushes for conflict with Russia to the brink of war.

You could also see it as payback time. In 1933 the US and USSR quietly started to build a coalition with the aim to circumvent Europe, play Britain/France/Poland out against Germany and destroy Europe. The time has arrived to undo that European disaster. The USSR no longer exists. With a reborn Russia, Europe can very well do business and realize the Gaullist dream of Europe of the Fatherlands. Let’s cross the Rubicon.

paris-berlin-moscou-transparent

[spiegel.de] – Wirtschaftsboom: Deutscher Staat schafft Milliardenüberschuss

https://deepresource.wordpress.com/2015/02/24/germany-booming-despite-ukrainian-crisis/