The sheer aggression and hatefulness exhibited in spades by Brussels over Brexit - including words and actions that would not be inappropriate if directed at an enemy in war - have been borne with remarkable tolerance by the British people. But the impact of this louche, amateur, vulgar and unstatesmanlike behaviour has not been lost on the country. When Germany sent us Ribbentrop, pumped with hubris
and vanity and claiming a Waltish 'von', he was dismissed by the British as a champagne salesman. Now we are sent a stumbling comical drunk, an angry little Polish dwarf who can't control his mouth and a sinister German Grand Vizier, every one of them ill-mannered, dishonourable and untrustworthy. Just more champagne salesmen. Is Europe so impoverished of talent that from a population of 430m it cannot produce three persons with any vestige of international class or even basic diplomatic competence?
It is important that we overcome our dislike of this unattractive and boorish shudder of clowns, for it is becoming clear that Germany is increasingly in trouble and it is more and more likely that we must assist in her survival in the months and years to come. Mogenthau was wrong then and any revivalists of his inane retribution are mistaken now. We might need another Marshall Plan, and this time we might have to do it without the USA.
Germany is horribly exposed to Italian debt and risk of default. Two of her largest banks, Deutsche Bank and Commerzbank, are not only on the ropes but slipping unconscious from the ring. With the Eurozone now slipping inexorably into recession, the fall of these giants will reverberate throughout Europe.
Germany's auto industry is a late 20th century rustpile. The diesel emissions frauds, crash in diesel sales, Brexit and US tariffs will be a hammer blow to Germany's car plants and the EU-Japanese trade treaty will halt and reverse any compensating Japanese direct investment, for the same reasons as Honda closed in the UK.
The globalists have hoodwinked the Germans into taking a million migrants - to become two million once they have established themselves and dependents join them - on the false and spurious grounds of 'demographics' - an ageing population no longer capable of standing on the production line. These same globalists must have known what is now in the public realm - that Germany will see some 37% of jobs going in the next 15 years as the effects of AI bite. The UK's figure from PwC is 30%. Training a million migrants in basic numeracy and literacy is one matter; retraining twenty million Germans in computer skills is another. My resentment of the loathsome Peter Sutherland is renewed each time I read his weasel words to the HoL select committee in 2014. The real reason for these migrants, as he makes clear, is to help destroy German national identity and cultural congruence
"If one looks at the key arguments and issues relating to the need for
migration, the demographic is the most fundamental for many countries of
destination. The demographic challenges in a number of European Member
States, however difficult it may be to explain this to the citizens of
those states, are absolutely unquestionable. They are vital in terms of
a crucial dynamic for economic growth. A declining and ageing
population is destructive of prosperity—forgetting entirely about the
moral aspect of migration. That is particularly relevant to a number of
countries in central Europe—Germany has a major issue—and some southern
Member States. So demographics are a key element of the debate, and a
key argument for the development of—I hesitate to use the word because
people have attacked it—multicultural states. It is impossible to
consider that the degree of homogeneity which is implied by the
alternative argument can survive, because states have to become more
open in terms of the people who inhabit them, as the United Kingdom has
In terms of electric vehicle technology and battery production, Germany is lagging behind the rest of the world. It is unlikely that she will be able to recover her lost lead in auto-technology for the years ahead.
German manufacturing has sunk to a six-year low. Jan von Gerich of Nordea Bank called the German manufacturing economy 'scary'
The bad news is that there are no signs that the weakness in the more cyclical German manufacturing sector would be temporary, and the outlook is frankly scary. In light of these numbers, it is crystal clear that the challenges currently facing the German economy go well beyond the car sector.
All the signs are that Europe's largest economy is sleepwalking into disaster. It may be that a change of Chancellor, a fresh administration and a range of new voices breaking the stranglehold of the old political elites on Germany's various parliaments, national and state, will head-off disaster, but we cannot bank on it. A stable and democratic Germany tied strongly to France is the guarantee of peace and security in Europe - and we must be prepared to step in to assist if Germany, once again, fails to find her own way.