"Europe To Become Economic Wasteland
As industry Dies And Banks Fail"
by Mike Adams
"Europe's economy, currencies and industries are in free fall, plunging toward "economic wasteland" status that's less than a year away if natural gas supplies from Russia aren't quickly restored. The situation is so dire that Germany chemical giant BASF -- formerly part of the Nazi-run IG Farben chemical conglomerate that carried out war crimes against humanity -- is now threatening to shut down operations for industrial plants that have run continuously since the 1960s.
BASF is critical to the world's supply chain for fertilizer, petroleum refining, medicines, plastics, consumer products, industrial materials and more. If BASF were to go down, Western Europe's industrial economy would rapidly collapse into ruin, and the global supply chain crisis would dramatically worsen far beyond anything we saw due to covid lockdowns. Astonishingly, BASF warns that if it were to shutter operations, no one knows whether it could be restarted. This means a permanent shutdown of industry across Europe.
Banking failures, agricultural collapse and an industrial wipeout look to be imminent, and some analysts are warning that Europe will face at minimum three winters without energy, food and industry. See the astonishing full story here:
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