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

And if we are going to talk about the German economy, we have to talk about the general economic situation in the European Union, because Germany is the economic engine of the European Union.

As Germany goes, so does the European Union.

And right now the German economy is going down.

It is going down very quickly.

And that's not good news for Germany, not good news for Olaf Schultz,

and not good news for the European Union.

What is going on in Germany?

That is exactly what's happening. Now, of course, bear in mind,

I was in Germany a few weeks ago, and, you know, it was noticeable that people were feeling the

economic malaise. It was something that people were bringing up. They were bringing up the fact

that there'd been this enormous inflation directly after the events in Ukraine and, you know, the stopping of the Russian gas.

People were not making the connection, by the way, with the stopping of the Russian gas, and they

weren't yet doing so, but they were experiencing economic decline the economic decline of

Germany and it was striking how confidence seems to be ebbing even amongst

the German people which has always historically by the way been, been very high. I mean, the Germans have

always, people in Germany have always tended to think that, you know, their economy is doing

really well. Germany knows how to do things. That they're, you know, others should copy what

Germany does because the Germans do it well and better than others.

You've got a lot less of that this time.

But anyway, suffice to say, over the last couple of weeks,

I noticed a whole crop of articles starting to appear in the Financial Times,

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