Sunday News Breakdown | Germany, Poland & Senegal

Okay. Today, let's talk about Germany. For two years now or so, I've been referring to the war in Ukraine and the sanctions against Russia as essentially a destabilization project by the owners and controllers of global financialized capital against Europe, and Germany is the strategic target of that project. Because, obviously, if Germany if the German economy collapses, then the European economy collapses. Well, this campaign or this project has been pursued with alarming intensity, and the impact has been severe.

It's happening very rapidly. The jumping off point for this breakdown is not any particular article, not any single report because quite simply there are too many pieces of news coming in on a weekly basis that highlight the astonishing deterioration of the German economy. But let me start off with this one bit of news, that came out recently, and that is that the economy in Germany is forecast to only grow by less than 1% in 2024. Bear in mind that economists generally regard a healthy growth rate for an economy to be between 23% annually, while Germany is projected to grow 0.1 this year, and that's probably optimistic. Now the truth is, of course, that the the German economy has actually been stagnating for years even before the war in Ukraine.

But since that conflict began, and more relevantly, since Germany has been trying to cut itself off from Russia, the economy has been crumbling before our eyes. In the the second half of last year of 2023, corporate insolvencies in Germany spiked by 23%, and the trend is expected to continue this year once the numbers are in. But in all likelihood, there's likely to be a further increase of another 10% in terms of corporate insolvencies in Germany. Okay. That's over 20,000 businesses.

And many of the companies that are struggling are either moving out of Germany or planning to move out of Germany with German firms committing over $15,000,000,000 to investments in The United States. They're jumping ship because if they don't, they're gonna drown like so many others have done. There are businesses in Germany that have been operating literally for over a century through two world wars and multiple global financial crises, but they've gone bankrupt in just the last two years. One in five children in Germany lives in poverty. Just for comparison, one out of nine children live in poverty in Indonesia, and one out of 10 children live in poverty in Malaysia.

So, yes, things are falling apart very rapidly in Germany. Basically, every pillar of Germany's model for sustaining their economy has been targeted from cheap Russian energy to, taking advantage of consumer demand in China. All of that's been targeted. The economy has been under relentless assault, and this has been carried out by their own leaders with the outcomes of these decisions being entirely predictable. I think this is important to notice.

Germany isn't deteriorating because of some natural disaster. It's deteriorating because of deliberate policy decisions with those decisions resulting in what anyone could easily have seen they would result in, which indicates to me, again, that this is happening by design, and it's happening with intent. And the impact on Europe is already being felt. In the EU, industries are struggling with industrial, output falling by 5.7% just in January. Nearly 1,000,000 manufacturing jobs have been lost across the continent over the past four years.

Under pressure from The United States, Germany, and wider Europe entered the American trade war with China, increasing tariffs on exports, thereby disinclining China from importing from Europe and inducing the Chinese to themselves make a greater pivot to the, East and to the global South for their economic strategy. Now, there is at least one economy in Europe that's doing relatively well, and that's Poland. Their economy is expected to grow by 2.7% this year compared to Germany's 0.1%. One out of every eight children in, in Poland lives in poverty, by the way. Their industrial and manufacturing sectors are consistently growing while Germany's are shrinking by the day.

Germany's, debt to GDP ratio is approximately 70%, and Poland's is around 20% less than that. Poland spends, as a percentage of their total budget, about, twice as much on defense, and military spending as Germany. In fact, they're one of the one of the largest military spenders in the EU. Poland, as you probably know, has been a a crucial logistics hub for The United States in the Ukraine war, recruiting and training and mobilizing mercenaries, transporting military equipment, and so on. You know, Poland actually opted out of utilizing the Nord Stream two pipeline before it was blown up.

The president of Poland has been one of the most vocal fearmongers in Europe about imminent conflict with Russia, urging NATO countries to increase their defense spending, which shouldn't be surprising since Poland also has their own very robust manufacturing industry for weapons. In fact, the the European Commission recently started pumping money into Poland for production of ammunition, and there's and they're giving Poland more money than they're giving Germany. The Ukraine war has been a massive boost to their weapons sector, and constantly beating the the drum of war with Russia just guarantees that those revenues will just keep keep coming in, keep growing, keep flowing. They plan to double their industrial output in the weapons sector in just the next two years, and arms companies in Poland are getting hundreds of millions of dollars in investment from foreign investors. The largest explosives manufacturer in Europe is in Poland.

Now Poland has also become a hub for American intelligence with the CIA using Poland for managing and organizing special operations, covert activities, and so on, which we can safely say relate to not only Russia and to Ukraine, but the entire region. This is what I talked about in a video at the beginning of the Ukraine war when I likened Poland to Honduras, which was a hub of US intelligence and secret operations in Central America during the so called dirty wars of the nineteen seventies and nineteen eighties. Well, this is exactly what's happening. I think it's worth noting that Poland recently, just just a few days ago, they suspended a treaty which required them to limit their possession of certain categories of weaponry. And it it required them to be transparent in reporting information about their military spending and their military activities.

In other words, they just went dark in terms of what their military has and what their military is doing. So as I said, in that earlier video and as I still believe today, I think that The United States, has selected Poland to become a hub for American strategy in Europe economically, militarily, and in terms of intelligence operations. I believe that The US is using Poland as a base of operations for regional destabilization for recruiting and mobilizing militant groups and funding radical opposition parties in Europe and in the Balkans. And I think that Poland is likely to become a major regional power in the next decade in Europe. And they'll be relatively stable while the rest of the continent will experience, you know, what I've talked about, strife and unrest.

It's gonna become a conflict zone. And you also consider that boosting the economy in Poland harms Germany in more ways than one. But at least one aspect of of how it harms Germany is that Polish economic migration to Germany has typically been has typically been an important source of cheap labor for German companies. So if the if the workers if if Polish workers can find work in Poland, which also has a similarly dismal birth rate as Germany and they desperately need to keep their population inside the country, their working population inside the country, that's gonna further weaken Germany's pool of labor. And no doubt, I think that that's at least partly why there has been increasingly acrimonious relations between Poland and Germany.

There's been a lot of anti German rhetoric in Poland. So I think part of what's behind that is the desire to keep Polish workers from migrating to Germany. And I think it's also based partly on the the desire of the OCGFC to keep Polish workers in Poland, a valuable source of cheap labor in Poland for foreign businesses. And I'll tell you an interesting way that this has played out in the past, recent past. Amazon, the American juggernaut of a corporation, They have outlets in Poland and they've expanded dramatically in Poland.

And they also have outlets in Germany. Well, Amazon has pitted German workers against Polish workers both by using their centers in Poland to discourage wage demands in Germany because Polish employees earn about three times less than their counterparts in Germany. But also, they've used Polish workers to break strikes by German workers. If German workers go on strike, then Amazon will just give Polish workers more overtime to complete all of the tasks that they can't get done in Germany because of the strike. I mean, these types of issues, this, you know, migration of workers and the wages of workers and so on, these are real economic issues for businesses.

And it's a consequence of Europe's aging and dying workforce because when there are fewer workers, wages cannot be as easily suppressed. You can't dictate lower wages when you don't have a large enough pool of workers from whom you could potentially find people willing to work for less. And wages in Germany are quite high. Germany consistently ranks among the the countries with higher average gross monthly earnings in the European Union, meaning German workers are costly for business. They're costly for German business.

They expect high salaries. German wages rose by about, 7% last year, which is just another reason why companies are going out of business, to be honest. It's one of those weird ironies of economics, you know, that wages increase and poverty increases at the same time. But then again, that could be because for every dollar that the average worker in Germany earns, CEOs in Germany and executives in Germany earn a $140. So for every $1 for an entry level or a low low level worker, for every dollar that they make, the CEO or an executive makes a $140.

So a company would rather go insolvent because of labor costs rather than reduce executive pay, basically. Because, anyway, the people who are at the top of the economic hierarchy, regardless, they're gonna remain there anyway, which again is why the economic sabotage of Germany doesn't matter to the people who are at the top of the pyramid. It doesn't matter to the people who are making the policies. It only affects the average people, regular families, and small business owners will be impacted. Of course, that is the nation.

But as I've said many times, nations don't matter anymore to the people who make policies and who determine the policies of nations. To those people, the nations don't matter. The rich are a nation unto themselves. I told you about the history of cannibalism in Europe. Well, they just updated it to economic cannibalism.

Otherwise, there's no change. Now the next story that I wanna talk about is about how Muslim Africa continues to lead the way and to provide the whole ummah and the broader global South inspiration for the struggle against western imperialism and western colonialism towards economic sovereignty and political independence. And I'm talking, of course, about the recent election of Basiru, Diomeo Fey, as the new president of Senegal. You know, he was in prison just ten days before the election, so he's gone from prisoner to president in just under a month, which is surely a metaphoric miracle that resonates with Muslims and oppressed people all around the world. One of the first things that Fay said, one of the first things that he did as president is to announce that the French need to leave Senegal, which would just add to the list of countries in Africa that have kicked the French out, including Burkina Faso and Mali and Niger.

Fay has also vowed that he would remove Senegal from the CFA franc, which is a currency that's used throughout France's former colonies in Africa. So he's already getting some some some degree of financial sovereignty, monetary sovereignty for Senegal. Now the other countries that did this, the other countries that that that kicked the French out, they more or less extended that unwelcome to Western military presence in general, not just the French. But they've also simultaneously retained their ties, with Russia and with China, meaning Western imperialism specifically is suffering considerable losses in Africa. Senegal is the second fastest growing economy in West Africa, and a considerable contribution to that growth is coming from Chinese investment in agriculture, in infrastructure, and investments in education and skills training.

So in I think that there's a lot of promise in Senegal under this new president, particularly given that he is considered what they call a sovereignist, which in the West, they characterize as as as a radical position. Meaning that Faye believes in upholding Senegalese sovereignty and independence. So for them, that's very radical. It's not a particularly mineral rich country, but I'm personally happy to see that Fay has is not underplaying the importance of agriculture, which employs about 75% of the population. In my opinion, too many so called developing countries sort of fixate on trying to move away from their agrarian base and obsess over trying to move into, you know, like technology and the service sector and so on as a way to diversify their economies, which too often can leave them in a state of food insecurity.

But alhamdulillah Fay, the new president, has pledged to prioritize ensuring the food sovereignty of Senegal and making sure that that country can feed itself. Now in Senegal, they do export some petroleum products, some gold, and a few other sort of valuable commodities, but their agricultural development has served them well. And China has even been able to improve their own farming techniques based on what they learned in Senegal from the Senegalese. And I'm a I'm a firm believer in trying to build your economy off of what it was founded upon. There's a lot of room for growth and a lot of room for spin off industries in the agriculture sector, agro processing, food manufacturing, even renewable energy.

So I think that it's possible for a country like Senegal to diversify their economy without redirecting their economy away from its core key sector. Now one of the reasons that Senegal partnered with China in the first place and has done so for years is because western investors were not interested and they weren't willing to do so. So in sha'Allah, I think that Senegal has a chance to, as it were, get outside of the prison walls before the guards notice they're gone. African Muslim countries are giving us all a great sense of optimism and a great sense of hope, and we just pray that Allah will protect them and guide them on the path to political independence and economic liberation, InshaAllah. You're welcome.

So that's the that's the report for this week. That's the report for Sunday. It's not not as long maybe as last Wednesdays was, but I did my best. I know I'm late again today, and I apologize for that. But, inshallah, I'll upload this as fast as I can, and see you again on Wednesday.