Michael Hudson on The Euro Without Germany
https://www.nakedcapitalism.com/2022...t-germany.html
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As a final kicker, Pepe Escobar pointed out on September 28 that “Germany is contractually obligated to purchase at least 40 billion cubic meters of Russian gas a year until 2030. … Gazprom is legally entitled to get paid even without shipping gas. That’s the spirit of a long-term contract. … Berlin does not get all the gas it needs but still needs to pay.” It looks like a long court battle before money will change hands – but Germany’s ability to pay will be steadily weakening.
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Poland formally demands $1.3 trillion in reparations from Germany for WWII damages
https://rmx.news/poland/poland-forma...-wwii-damages/
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The relationship between Poland and Germany must be based on truth and justice “so that we can close painful chapters and move forward on the basis of a good neighborhood and cooperation,” said Rau.
He also said the settlement should cover the return of assets that were taken by the Germans, including those in banks.
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Banks like Deutsche Bank, and Credit Suisse... which totally have spare cash right now... and energy enough to open and shut the automatic doors at their branches.
Greater German Youth Movement has entered the chat.