The Duran Podcast - Project Ukraine demolishes German & UK economies

Episode Date: November 24, 2024

Project Ukraine demolishes German & UK economies

All right, Alexander, let's talk about the political battle, the palace entree that has taken place in Germany. Olaf Schultz is the chancellor. The powers that be, the Warhawks, the globalists, they're tired of Olaf Schultz, and they would like him replaced. We have an election. I don't think it's confirmed yet, but it looks like there's going to be an election on February 23rd, which could see. Frederick Mertz becoming chancellor. He is very hawkish, especially when it comes to Ukraine. He said he would send the Taurus missiles to the Zelensky regime. He absolutely despises and hates Russia. But until February 23rd, there's a lot of pressure on Ola Schultz to send the Taurus missiles

to Ukraine. And so the palace intrigue that is taking place is trying to replace Schultz with defense minister Pistoris, at least until February 23rd, they would have someone in place as Chancellor who would start fast-tracking those Torres missiles. What are your thoughts? The key point to understand is that on 20th of January, Donald Trump is inaugurated president of the United States, and it is quite possible that he would rescind at that point any decision to supply long, to enable Ukraine to conduct long-range missile strikes deep inside Russia. So the idea is what you want to do if you're going to send tourist missiles,

and you want to send the tourist missiles to Ukraine before Donald Trump becomes president. So the Joe Biden as president can arrange for the Americans to supply the Germans and the Ukrainians with the technical information to enable those tourist missiles to be used to conduct deep strikes against Russia. So you want to get the thing going before Donald Trump becomes president and reverses the policy. So waiting until the 23rd of February when the election takes place and Friedrich Marz becomes Chancellor doesn't really work. You try and do it sooner. You try and get Olau Schultz out of the way now and you put Boris Bistorius, who's the hawkish, very strong anti-Russian defense minister in place. He then reverses the decision immediately. The tourist missiles are sent to Ukraine. Biden gives the green light and you start using tourist missiles for green light, for deep strikes

against Russia before Donald Trump becomes president. And you hope that way that he'll simply go on giving permission to do that. So that was the plan. It all fell apart because it turned out that the restorers did not have the support within the SPD that many people thought. German public opinion, of course, opposes the delivery of tourist missile. to Ukraine, and though even though Pistorius is more popular than Schultz's, ultimately, the SPD decided to stick by Schultz, and Pistorius himself announced that he was not seeking to replace Schultz, who will remain Chancellor until the election on 23rd February, which everybody expects what happened then, at which point, of course, whichever one of them had been leading the SPD,

the likelihood is that Friedrich Mertz and the CDU will take over. So the plot has its point, its purpose. I mean, it's obviously not been explained in that way. The explanation that's been given is that it's because Pistorius was more popular than Schultz, that that was the idea that, you know, switching the one for the other. But the real reason, I'm sure, was the tourist missiles. But anyway, put all that aside, the plot failed. Charles remains Chancellor.

He will lead the SPD into the election, where he will, of course, lose the election, defreting that. Yeah, all of this was about Project Ukraine from the tourist missiles. Absolutely. Even though Germany is in a terrible state. Absolutely. If anybody tells you it was not about project, you pray, they're wrong. But you're absolutely right. This should have been about the economy.

It should have been about the economy. Recession, factories, 23% of bankruptcies year over year. I mean, Volkswagen closing down facilities, chemical facilities closing down. That's what this palace intrigue to remove Schultz should have been about. Yes. But at the end of the day, it is the absolute. obsession with Project Ukraine that is bringing Germany down. Your thoughts on that.

And my follow-up question is a good segue to our next topic. The same exact thing is happening in the UK. Project Ukraine is bringing the UK down, even though there are so many other problems going on in the UK economy. Absolutely. This is exactly right. Because, of course, in Germany, the entire expectation was, that when the sanctions were imposed in February 2022, Russia would implode, Putin would fall,

everything would go back to the way it was, and Germany in fact, would do an awful lot better, because then it would have the access to the lithium and all the rest in eastern Ukraine, and it would also be able to the Europeans would have access to Russian raw materials, and things would turn out buying. Free Russian resources. Exactly. A Buchanized Russia. Exactly.

Of course, it turned out otherwise. And the problem is that at the same time, all kinds of commitments have been made. There's been all kinds of rhetorical things said. I mean, we're going to stand by Ukraine. No matter what we're going to accept even the most terrible economic conditions on behalf of Ukraine. So you get the sense of when people. are very frightened because everything is going wrong. They can see Ukraine is collapsing. They become angry. They become even more obsessive, even more hardline, even less willing to compromise

and to rethink the mistakes that they have made and their instinct is to escalate and double down and triple down and to just go on doing that which they were previously doing, even as everything falls apart around them. And in the case of Germany, the Germans for the last two years, two and a half years, have been deluding themselves that despite the major fall, the price increases that happened in 2022, the stagnation and indeed decline of the economy that happened in 2003. Somehow in the end, everything would turn out right. And what has happened over the last few months is that the penny has finally dropped. That with the high energy prices, with the sense of conflict in the world, on the contrary, Germany is now on what is increasingly looking like

an irreversible slide towards total, well, I won't say collapse, but certainly into a major economic crisis with de-industrialisation

which will transform the face of the German economy once and forever. Germany as the great industrial machine, the manufacturing motor at the heart of Europe, that Germany has probably gone. It's probably too late now to turn it round.

Whoever becomes Chancellor in February or whoever takes over after that, the game in effect in Germany is lost. So there's panic, there's fear, there's uncertainty about what's to do. They're looking at the economic numbers. They're in shock about them. They have no real plan going forward.

There is suggestions that because of the climatic conditions, this is going to be a very, very hard winter. There's tight supplies of energy. They're hoping for more LNG from the United States, but Donald Trump is unpredictable on energy issues. If he senses that energy prices, fuel prices of the United States might rise over the next few months. He's shown that he's capable previously of prohibiting exports of LNG and of oil.

I mean, it's entirely in character that he might do something like that. So the Germans are in panic, they're in deep fear, and they don't know what to do. And none of the major parties has a plan about what to do going forward. And you're absolutely right. In Britain, it is exactly the same. Complete denial about the realities. Once again, all the evidence suggests that household energy costs are going to spike. Energy costs for British industry, what's left of it, going to spike as well. There is no obvious solution to Britain's energy problems. And the economy after a budget that we are,

a few weeks ago, which has increased spending, increased debt levels, but has also produced a very, very high increase in taxes. All the indications are that the economy is now sliding into recession there as well. And again, the Starma government has no plan going forward because they won't admit to the proximate cause of all of their problems, which is, is the loss of stable, reliable supplies of gas and, by the way, oil as well, from Russia, going to the European economy, which affected the energy price situation in Britain as well. All of this for Project Ukraine, unbelievable. Yeah.

These two countries have decided to destroy themselves for Zelensky. It's incredible when you think about it. Well, we've been in Hungary, and again, one of the most striking things is listening to various prominent people in Hungary. Again, I don't want to name any specific names, but very, very senior, well-connected people. And we've seen we met state secretaries and ministers from various departments of the Hungarian government. and one of them, one of them, a very senior person, used the expression economic suicide to describe what Germany is doing. And I can't disagree. That is exactly what the Germans have done to themselves.

In fact, my major takeaway here in Hungary is that the Hungarians, tough-minded, practical, realistic people on economic matters that they are. are utterly baffled and bewildered about what the Germans and the others have done. Yeah. Don't get me started about Nord Stream and the conversations we've had about North Stream. Oh, absolutely, yeah. Okay, yeah, we'll end it there. The durand.com.

We are on Rumble, odyssey, bitch, you, telegram, rock, Finn, and X. Go to the Durand Shop, pick up some merch like what we are wearing in this video. There is a link to the Durad Shop in the description box down below. Take care.