All right, Alexander, let's talk about the German economy and the collapse of the German economy.

It seems to be collapsing a lot faster than we thought that I thought.

But I guess Merz is doing a much better job collapsing the German economy than anyone had anticipated.

And the eye of day continues to rise. And we're seeing alice vidal come out more and

more with with more energetic speeches and statements about about the incompetence of of merts and his

government so i mean it seems to me as if Vidal is starting to position herself

as someone who is capable to lead Germany and to get Germany out of this mess that Mertz has

created. We are not looking at a German economic decline. We are looking at an industrial collapse,

and it is accelerating. I was looking at figures for steel production in Germany. Germany

is a significant steel producer, not perhaps a dominant producer in the way that it was once

upon a time. That steel is often a good indicator

of the overall state of a heavy industrial system.

And it's just plunging.

I mean, the speed and acceleration of the collapse since midsummer is extraordinary.

And it's now starting to affect the entire car industry as well.

I mean, one of the reasons steel production is falling is because there's increasingly

collapse of demand for steel, which tells you that the rest of German industry

is contracting. And as I said, the industrial decline in Germany, as I said, it's not a decline

anymore. I mean, it's like an abyss. It reminds me a little of the terrible

summer and winter in Britain of 1981 during Thatcher's period, which is a very different one.

I mean, it's a very different time in many ways, but I can remember then how you're reading every single day about factory

after factory across Britain, closing down Britain's industrial base, imploding at an accelerating

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