One German Chemical Plant Can Bring Europe to its Breaking Point

Europe’s largest economy stands at the brink of an all-out crisis. Recession is inevitable in Germany. Being the European Union’s largest economy, economic downturn in Germany will have cascading effects all over continent. And it’s not like Europe is having a wonderful time while Germany suffers alone. The whole of Europe is in a very dire situation owing to Vladimir Putin’s weaponization of Russian energy. Now, the world’s largest chemical producer is staring a shutdown in the face. Germany’s Ludwigshafen is home to BASF – the world’s largest manufacturer of chemicals. And it just so happens that BASF has been almost entirely reliant on Russian gas all this while. Watch to know more.

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