German Chancellor Friedrich Merz now admits that “parts of Germany’s economy are in very critical condition” and that his government “hasn’t done enough.” 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.

Gas prices predictably exploded, peaking above €300 per MWh in 2022 — a 12–20× increase at the height of the engineered crisis. Electricity followed. German wholesale power prices averaged ~€235 per MWh that year, with intraday spikes well north of €400 per MWh. Even after emergency subsidies, rationing, and accounting tricks, prices today still sit around €100–130 per MWh, approx three to four times the pre-SMO norm.

This cannot be blamed on volatility. This is permanent repricing of German industry — the direct result of Berlin going along with the Nord Stream sabotage, ending the era of cheap, reliable Russian energy without protest, without investigation, and without dignity.

That........

© Eurasia Review