From Sleep to Depression to Aggression

tiger-3264048 - KopieAfter – summet G7 – blues

Our chancellor Angela Merkel usually is like a high-quality teflon pan. You never see her angry, sad or passionate. Even terror attacs, substantial losses of votes or the European dept crises don’t touch her.

However this changed yesterday. Although there seems to be no anger about Donald Trump, you clearly feel that Angela Merkel is frustrated and depressed after the G7 summit in Canada (in german: Anne Will). What is depression? Right, it is suppressed anger. I guess there is a huge amount of anger. Remember the strengh of our car-lobby, remember Mercedes and BMW. Both are not pleased to live under the threat of tariffs on their products. Their voice is strong in our politics.

Mrs. Merkel is a diplomat and dares not to speak out openly against the US president.  But her position after Trump’s quote “disappointing, sobering and depressing withdrawal from the final summit agreement via twitter” shows her anger.

Anne Will: “Would you say that the times are definitely over when we could rely on the USA under Donald Trump?”

Angela Merkel: “I would not say ‘definetely’ …”

Last year after a Nato summit she said it the first time and repeated it yesterday in the interview:

Europe must become a strong pole as strong as China, Russia and the USA. Europe must become a global actor. There should be no arrangement between single countries within the EU with the various big poles of the world, that would ground down the EU.

Conclusion: “We don’t want to be pulled over the barrel time and again. We act now.” (quote Merkel) – The EU will try to build a stronger economic and strategic unity. Relationships with China, Russia, Japan, Canada and India will intensify in order to compensate the loss of the USA.

Merkel will not stop her efforts to talk with Donald Trump and to try to find a common basis. But, she sais, if this doesn’t work, you have to go your own way.

There are always changes in history and we seem to be at a critical juncture.

See what will happen on thursday!

mt-fuji-2232246

There is not only a supervolcano in Italy (english: Reuters) but there is also a financial volcano there. For years the European Central Bank is buying risky government bonds from Spain, Italy and other member states. Until now these papers add up to

2.710.000.000.000 USD) !

This procedure was and is highly controversial. What once was meant to save the Euro from the collapse became a problem itself. Countries became used to the cheap money. Some important people say that on thursday the European Central Bank could announce the end of the program. That would bring huge problems for the liquidity of the poorer EU countries. (german: General-Anzeiger and Der Spiegel)

Update Tuesday: Capital Flight 

As the “Süddeutsche Zeitung” (in german) reports today, the Italiens transfer about 1.18 billion USD abroad EACH DAY since May.

Italiens don’t trust their new government and fear a severe bank crisis in the land. In 2013 we saw such a scenario in the Euro-country Cyprus with strict capital controls  and bank closures (german: Der Spiegel). Italy is much bigger than Greece and her financial breakdown would be devestating. The italian leaders know this also and try to calm down the people.

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What you need to know today

Will the global crash start in Germany soon?

There are signs that the financial system in Germany could crash in the next few months and cause another global crisis. This time could be much worse than the last time.

Disturbing news today

The ugly face of an emergency fusion of Deutsche Bank and Commerzbank occurs today again in german news (german: Die Welt). Both banks are totter candidates, both share prices declined since 2007: Commerzbank from 245.18 Euro to 9.32 Euro and Deutsche Bank from 79.84 Euro to 9.55 Euro. Deutsche Bank faces also expensive complaints in the USA and Australia. What would a fusion of those banks bring us? Nothing good, because zero plus zero stays zero. The german state is the biggest shareholder of the Commerzbank which is the forth-largest bank in our country and present in more than 50 nations (Wikipedia). If those two banks fail it would affect Germany first and hard and then spread around the world.

100.000 Euro savings deposit garanteed – REALLY?

We germans believe that Angela Merkel said the truth when she promised that our savings will be safe. But the bank fond that has to back 0.8% of the savings of their customers is half empty.  That means that in the case of another bank crisis savings could be lost (german: Der Spiegel).

Shocking drop in orders 

The german industrie notes it’s longest drop in orders since the global financial crises in 2008.  Originally the orders were expected to grow for 0.8% but the political and economic uncertainty pressed the order numbers down. (german: Handelsblatt) One of the main reasons are the fears of an international tradewar. The G7 summit is already called a G6+1 summit: on the one side US president Donald Trump and on the other hand Canada, Japan and the EU countries. They have their deepest conflict since WW2.

USA vulnerable and isolated – german policy influences german press

The press in Germany never liked Donald Trump. The background seems to be clear. People don’t trust the newspapers anymore and get their informations in the internet. But that also means that the media needs different ways to finance themselves. Mass media is therefore grateful that the german party SPD is financially deeply involved in their affairs (german: Presserecht) It is clear that the mass media that is partly financed by the left party SPD shares and prints her opinion.

The crazy fact is that the SPD herself is in deep trouble. Her politics are polluted with economic interests and the workers don’t see what the party is doing for them. Once the SPD was strongly represented in our Bundestag with 45.8% in 1972. Now they are only one among others with 20.5%.

Hit dogs bark and the SPD bites in panic every political enemy. This hits Donald Trump in the USA and the AfD in Germany that received a lot of votes from former SPD people. Long before the tradewar started the german press denigrated Mr. Trump. Now they are happy to have a real topic: the (quote Merkel:) illegal tariffs on steel and aluminum. The international mood is heated up because of Mr. Trumps withdrawal from the iran deal, from the climate agreement and his Israel politics.

You already can hear voices from the EU that they don’t need the USA any more. Agreements with other states would make them just as strong and stronger than the USA. Now what will happen if the USA really needs help and her current allies have turned away? This could be a real threat to the USA – because even the strongest nation on earth needs friends in a case of emergency.

Be prepared for a storm ahead and be careful if they say “Peace and prosperity everywhere”.

Sunday thoughts

bridge-53769Merkel meets Netanyahu in Berlin

Today Benjamin Netanyahu, prime minister of Israel,  brings our capital Berlin to a halt. He is expected to meet chancellor Angela Merkel tomorrow afternoon to talk with her about the Iran Deal. The chancellors heart beates for the Muslims in the first place and it could be a challenge for Israel to be heard. Two votes in the UN Security Council last week have shown that most of the worlds countries have decided to support the Islam rather than the christians or the jews. Do they realize what relentless and violent world they help to create? I earnestly hope that the meeting tomorrow will go well and our chancellor will have an open mind.

Update Monday: 

How do you congratulate a close friend to his 70. birthday? You go to him with a present, write him a nice letter, at least call him, right? 

But not so Angela Merkel. She didn’t congratulate Israel in an open statement or visit Israel at her 70. anniversary neither did she nor any other german representative show up when the USA moved her ambassy to Israels capital Jerusalem. But see how she handels a 70. anniversary instead (emphasis by me, the translation in the video is not correct at this point):

“I find it very important and symbolic, too, that we – in this year when Israel celebrates her 70. anniversary and WE COULD NOT ONLY CONGRATULATE OURSELVES from the distance and WE NOT ONLY HAD A DEBATE in the German Bundestag, but that the Prime Minister is here with us today, too….”

Congratulate ourselves… how does that work? And yes, we had a debate in the bundestag but how does this benefit Israel? 

Netanyahu and Merkel have different opinions in regard of the Iran deal, Germany condamns the statement of the iranian leaders that Israel be a cancer that should be cut off and Germany wants to continue the cooperation with Israel.

Crazy Friday

Yesterday’s news would normally spread over months. But when the coffee machine failes it is very likely that out of sympathy the washing machine strikes also.rock-chick-1600436

Deutsche Bank seriously injured

Our biggest bank suffers her lowest share prices ever. On friday they fell below 10 Euros for the first time in history.

Deutsche Bank changed only recently her chief executive officer (CEO).  The new man is Christian Sewing who already started to fire 10.000 employees according to german newspapers (in german: Die Zeit and Stuttgarter Zeitung).

These are bad news for Germany and could also affect other countries worldwide. Deutsche Bank has the honour of beeing the most dangerous bank in the world in terms of harm that she can do to international banks in the case of another financial crisis (german: Die Zeit).

Remember that the European dept crisis is anything but over. The European Central Bank only buyes bad government loans in order to keep our member countries liquid. Like the Baron Münchhausen we try to pull ourselves out of the swamp by our own hair. Of cause many countries do that. But that doesn’t make it better.

Spain fires Prime Minister

That should not affect us very much but is worth to be mentioned. The firered prime minister Rajoy was not very smart when a part of Spain, Catalonia, voted for their independence last year. He called the saparatists criminals and put some of their leaders in jail.

On friday he lost a no-confidence vote in Madrid and had to step down because of a big corruption scandal. The party of the new prime minister Pedro Sánchez has no majority in the parliament. To become prime minister he needed the votes of the separatists.  How will he handle the Catalonian question in the future? Can he prevent that Spain falls apart? He seems to have no real political goals except the power. (in german: Handelsblatt)

Premiere in Italy – 2 eurocritical parties take the lead

The country that sits on a third of europs lazy loans has a revolutionary new government since Friday. According to their program they want to increase the country’s spendings instead of reducing them. This is easy to understand since the economy is weak and a quater of the young people under 34 is unemployed. There have to be investments to make the economy grow.

In Brussels are strong concerns about this new kind of policy. Who will pay for the investment program? Will there be a new European dept crisis? What if Italy doesn’t follow Merkel’s “suggestions”? (sources in german: SPON and Euronews)

Tradewar Day 1 – 25% steel tariffs in place

Yes, that too happened on friday. US president Trump carried out his threat of imposing high steel and aluminium tariffs on his closest allies. Canada and the EU already announced that they will not accept this move and will impose their own tariffs on US products. (BBC)

Mistrust and tensions between the nations seem to rise. Simply watch this video of the canadian prime minister Trudeau and you can feel the confusion:

Tensions rise for sure. See what the german newspaper “Die Welt” reports:

30.000 more soldiers under Nato and German control

They will have hundreds of warplanes and warships to fight back “a possible russian attack”. The previous number of 20.000 soldiers will be more than doubled. A new NATO headquater will be built in Ulm, Germany. (in german: Die Welt and Süddeutsche Zeitung) I don’t like the thought. Do you know, that Germany arms the police with 17-tons-tanks? They are currently discussing the use of machine guns. (in german: Morgenpost) Where will this development lead us to?

 

Shadows Of The Past

“Forget about the past!” “It is not our business what our ancestors did!” Most people seem to follow these suggestions very well. I can’t.

I used to travel a lot. In every foreign country people started talking about Nazi Germany when they learned that I was german. I was in a fishing museum in South England and there I saw pictures of fishermen who were killed by the Germans. The topic pops up unexpectedly in movies and conversations. I feel the anger and the sadness of the people who lost their relatives and friends.

There are many things I don’t understand until now. What motivated human beings to commit crimes on such a large scale, how was it possible in a civilized society? Could it happen again?

As I started reading biographies pain began to fill my heard. History became alive. Little children, old men and women, parents – tortured and murdered officially by the german state by the millions. I watched the Auschwitz processes that took place in Frankfurt 1963 – 1965 and went deep into it. It is hard to describe, but I actually saw through the eyes of the killers because I know the places where they lived, I love the same music they loved and they spoke the language that I speak – and so on.

There is no anwer to the question: How can Germany bear such a guilt? It is impossible. We live, love and laugh today, because an amazing God decided that we should do so.

There was another important thing for me to learn. It was in the year 1999. After a 2 weeks holiday trip in Ireland I gave back my rental car and the man didn’t even check it. I wondered why he trusted me so much. His answer: “The Germans are highly respected in Ireland. I know that everything is all right because you say so.”

Very slowly I realized that Germany is important, strong and a business partner for countries around the world. So: How should I feel as a german? Proud and confident? or humiliated by the crimes of my forefathers? Or everything at the same time?

I like this satirical video because it expresses our experience very well.

The context in which this video was made were the negotiations between Greece and Germany in the aftermath of the greek dept crisis.

What are your feelings and experiences? Please share them with us, we will enjoy it very much. No glorification of the Nazi regime please.

Person of Contradiction: Benjamin Netanyahu

Well, this topic could be a hot potato for some people and there would be plenty to write about it. For example: He is suspected to be a 33rd degree freemason and is currently once more accused of corruption. These are things I can not prove and it isn’t my intention to go further into it.

There are much more facets of Mr. Netanyahu than are usually reported. As the head of Israel he rules a tiny little country. Israels size equals to the size of the small german federal state of Hessen.

Are Israels neighbours really a threat to her? Or are the people of Israel kind of paranoid? It is no secret that the iranian leaders deny the right of Israel to exist. They fight with words and weapons against Israel and spread their message successfully in Germany, France and many other countries in the world. Antisemitism is growing everywhere.

As we see, it is a big challenge to lead a country under such circumstances and keep it safe. How successful is Netanyahu in his job? He fights like a lion for his country. But unlike a lion he is not lead by emotions but uses his immense knowledge and experience that he gained during his years at the Harward Univerity and as an employee in the Boston Consulting Group. In addition to that he was an ambassador to the UN and as such in touch with the young Donald Trump and the important figures of the world.

When he took office, the economy of Israel was on the ground. With more than 50 reforms he established a freer market and supported the foreign trade.

“As a leader I have to choose between the bad and the worse, seldom between good and bad.” (Netanyahu 2015) He said this to describe the situation in the Middle East. Does it make sense to fight Baschar Hafiz al-Assad in Syria? Yes, he is a horrible leader – but only in his own country. The militant islam on the other hand wants to win globally with its aggression. That’s what makes aggressive and expanding nations like Iran so dangerous. They try to take advantage of the chaotic situation in Syria and use Syria as a starting point for aggression against Israel.

Netanyahu wants to fight the militant islam while it is week and while there is still time to defeate it. The local leaders should be left alone if they have no intention to bother their neighbour countries.

This seems to be wise politics. And what I like about him: he is authentic and a politician with all his heart who literally lives for his country Israel.

Nice to watch are these 2 videos:

What do you think about Benjamin Netanyahu and how do you perceive his actions?

Please discuss the topic and be friendly with everybody who writes here. I ask people who reject Israel to post in other communities.