Zoltan Poszar: War and Industrial Policy – “…in Germany, $2 trillion of value added depends on $20 billion of gas from Russia… …that’s 100-times leverage – more than Lehman’s”

PDF: War and Industrial Policy (Credit Suisse):

Minsky moments are triggered by excessive financial leverage, and in the
context of supply chains, leverage means excessive operating leverage:
in Germany, $2 trillion of value added depends on $20 billion of gas from Russia

…that’s 100times leverage (see the last charthere) more than Lehman’s.
And the concept of operating leverage applies in the military domain too

* * *

PayPal: Donate in USD
PayPal: Donate in EUR
PayPal: Donate in GBP

2 thoughts on “Zoltan Poszar: War and Industrial Policy – “…in Germany, $2 trillion of value added depends on $20 billion of gas from Russia… …that’s 100-times leverage – more than Lehman’s””

  1. Another major U.S. steel plant to close after more than a century in operation, further depleting country’s manufacturing capacity

    https://www.newstarget.com/2022-08-29-another-major-u-s-steel-plant-to-close-after-operating-century.html

    We have established this destruction of manufacturing at the behest of the chosen few will lead to societal collapse. But gradual recovery following the awakening & the non jew reset & restart, must be devoid of the yid.

    Reply

Leave a Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.