“Dramatically Poor”

German exports fell in September at the fastest pace since late last year, official figures show, adding to evidence that the eurozone crisis has infected the continent’s economic powerhouse.

September imports fell 1.6% and exports declined 2.5% month-on-month, seasonally adjusted data from the Federal Statistics Office showed. Overall exports were down 3.4% from a year earlier but orders from eurozone countries plunged 9.1%.

“The trade figures are a normal consequence of the dramatically poor industrial orders, which have fallen at their sharpest rate in a year.”

Make Embargo Not War

And make a killing with illegal nuclear technology exports to Iran in the process.

Here’s German pacifism at its finest: Nuclear technology for Germany? Have you gone mad!? German nuclear technology exports for Iran? Let’s talk.

Recent arrests suggest that Germany remains a hub for sales of prohibited supplies to Iran that are being used in Iran’s nuclear program. Illegal exports are undermining Chancellor Angela Merkel, who has pursued an embargo policy in order to prevent a possible war in the Middle East.

“Germany will do everything that it can to ensure that trade with Iran will not simply seek out new routes.”

“Arming the World for Peace”

Only German military industrial complex peaceniks can pull this kind of stuff off without laughing out loud. Not only do they sell their expensive weapons systems for gutes Geld (serious money), they arm the world for peace in the process.

Drawing lessons from Afghanistan and Libya, German Chancellor Merkel has been making quiet changes to Berlin’s arms exports policy. Instead of intervening in conflicts, she wants to help arm certain countries to provide stability in crisis regions.

“The idea of supporting partners in turbulent regions with weapons so that they can provide for stability is not implausible.” As long as Germans are doing it, I guess.

Bundeswehr On The Front Line Again

When it comes to fighting for German weapon system exports, I mean. Talk about your military industrial complex. The Germans sure have one – and are clearly in denial about it – which is the real news item here if you ask me. Take the latest sale of frigates to Algeria, for instance (I mean please).

These pacifistic (German made) and very expensive peaceships not only make big profits for traditional Waffenschmiede (weapons makers) like Thyssen-Krupp Marine-Systeme, they finally give Germany’s alibi army something vernünftig (reasonable) to do: Train the folks who might actually be using these weapons one day – and in a thoroughly German thorough way, too, I am sure.

Who says the Bundeswehr isn’t an effective force? No, not a fighting one, as a sales force.

“Die Ausbildung wird in Deutschland und auf Hoher See stattfinden.”

Inferiority Superiority Complex

North, south. Inferiority, superiority. It’s all the same to me.

Germans export more to their European partners than they consume, benefiting from this asymmetrical situation even as they expect everyone else to be exporters and savers like them.

I Need Your Clothes, Your Boots And Your Motorcycle

Is it termination time yet? For the booming German economy, I mean?

The Spiegel says: German manufacturing activity has hit a three-year low and export orders have also seen a big drop. This data suggests that the crisis is starting to hit the previously robust German economy.

Hasta la vista, baby? Maybe.

German Solar Energy Industry Tanks, German Tanks Don’t

Unable to compete in the global market without the subsidy drug, state-ordained “energy turnaround” or not, Germany’s solar energy industry is getting eaten alive by cheap Chinese imports as we speak, so-to-speak.

“Ah, screw it,” German industrialists elsewhere in the country say to that. “We’ll just keep making a killing producing what we’ve always produced best: War technology. Tanks, Saudi Arabia!”

“But it’s not like we don’t continue to support the Arab Spring or anything,” another tankful German industrialist added ruefully.

German paper says Saudis want 600-800 tanks.