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From Industrial Power to Military Keynesianism: Germany's Engineered Collapse
That phrasing is an evasion. Germany did not drift into this collapse. The numbers were visible in real time. The warnings were explicit. And suicidal decisions were made anyway.
Start with energy, because everything downstream flows from it.
Before the 2022 launch of Russia's special military operation (SMO), Germany's industrial model rested on stable Russian pipeline gas priced roughly €15–25 per MWh. Wholesale electricity averaged €30–50 per MWh. That price stability, and not hysterical slogans, powered German competitiveness. It allowed long planning cycles, protected margins, and kept energy-intensive manufacturing viable. It also kept household bills manageable, wages meaningful, and social cohesion intact.
Post Russian SMO, that foundation was deliberately dismantled.