Will 13 Million Ukrainians Just Move to Germany?

According to the UN refugee agency, more than thirteen million people, or nearly a third of Ukraine’s prewar population, have been displaced since the invasion. Of that, more than five million are internally displaced, while over eight million are refugees living in neighboring countries. Our former two employees from Ukraine are now in Berlin. In comparison, the continent saw some one million refugees during the 2015 wave of migration from Africa and the Middle East. There were four million refugees who fled to Europe during the Yugoslav Wars of the 1990s.

Besides the constant demands from the United States that NATO members must be pouring in money to defeat Russia, the cost of taking care of all of the Ukrainian Refugees is stressing the entire budget of the EU. The refusal to even entertain any peace and just honor the Minsk Agreement which would end the war in 15 minutes or less, the longer this goes on the likelihood the balance of the 13 million Ukrainians will opt to move most likely to Germany.

The post Will 13 Million Ukrainians Just Move to Germany? first appeared on Armstrong Economics.

Latest Posts

Market Talk – July 26, 2024

ASIA:   The major Asian stock markets had a mixed day today: NIKKEI 225 decreased 202.10 points or -0.53% to 37,667.41 Shanghai increased 4.16 points or 0.14% to 2,890.90 Hang [...]
Read more

It’s a Recession Not a Depression

The government insists that the economy is fine, thriving perhaps, and has asked the public to pay no mind to their current financial situation. No one, aside from those living [...]
Read more

China turns Neutral?

Ukraine Foreign Minister Dmytro Kuleba and Chinese counterpart Wang Yi in Guangzhou met to discuss China’s position on the Russia-Ukraine war. China stated it is “willing to play a constructive [...]
Read more