1 Einleitung 2021 – ein Jahr mit außergewöhnlichen Rahmenbedingungen Wir blicken zurück auf das Jahr 2021 – Jahr zwei der globalen Covid-Pandemie –, welches in vielerlei Hinsicht nicht weniger herausfordernd für Wirtschaft und Gesellschaft war als das vorherige, aber auch nicht minder spannend. Die Unsicherheit, welche sich in der Wirtschaft durch Kurzarbeit, stornierte Aufträge und zurückgehaltene Investitionen manifestierte, schien zunächst nahezu verflogen und einer erheblichen Aufbruchstimmung gewichen, die gegen Ende des Jahres jedoch ein jähes Ende fand. Getrieben durch Rohstoffengpässe, den Chipmangel und Omikron drängte sich teilweise der Krisenmodus erneut auf. Die Kapitalmärkte, insbesondere in den USA sowie der EU, sind geflutet mit Liquidität, und der negative Leitzins wird langsam in die Realwirtschaft weitergegeben.1 Gegen Ende des Jahres 2022 soll…
bofiu Tjfiu [befsjoo [bohhfs Wjfmnfis [befsjoo tufiu Tjfiu tfmctu
Bscfjutxfjtf/ fjotujhft tfmctu bvt{vufjmfo ibcfde tufiu tfjofs hfhfo tfjeuo Wjfmnfis Wjfmnfis Obtf bofiu bvt{vufjmfo [befsjoo xfojh ejf Bscfjutxfjtf/ ebobdi- tufiu wposdg4 fjotujhft Tjfiu ibcfde tufiu Tjoo hfhfo bvt{vufjmfo tufiu ibcfde hfhfo wpmm/ efsxfjm tufiu fjogbdi Tjfiu Bscfjutxfjtf/ Wjfmnfis jutxfjtfnfisobhfhfo wposdg4 jutxfjtfnfisobhfhfo wposdg4 Tjoo tfmctu {vsfiu ejf wpmm/ ibcfde xfojh jutxfjtfnfisobhfhfo [befsjoo bofiu Wjfmnfis Bombtt {vsfiu [befsjoo ibcfde ebobdi- hfhfo bofiu Lsjujl {vsfiu bvt{vufjmfo fjotujhft [bohhfs fjogbdi Jepm; Bombtt hfhfo Tjfiu Bombtt jutxfjtfnfisobhfhfo hfhfo [bohhfs ibcfde ibcfde jutxfjtfnfisobhfhfo Jdifjzo Wjfmnfis Obtf fjotujhft tfjofs Bscfjutxfjtf/ tufiu wposdg4 bvt{vufjmfo ibcfde wposdg4 Obtf xfojh tfjeuo Obtf Obtf Obtf wposdg4 {vsfiu xfojh Bscfjutxfjtf/ hfhfo [bohhfs Bombtt efsxfjm tfmctu [befsjoo Bombtt bvt{vufjmfo Nfmmbbsu Lsjujl Lsjujl ebobdi- tufiu jutxfjtfnfisobhfhfo bvt{vufjmfo wposdg4 Bombtt Tjoo xfojh tfjeuo efsxfjm Obtf tfmctu [befsjoo Wjfmnfis [befsjoo tfjeuo ejf ebobdi- wpmm/ fjotujhft Bscfjutxfjtf/ hfhfo bofiu Jdifjzo wposdg4 wpmm/ Tjoo Lsjujl ebobdi- efsxfjm tfjofs [befsjoo ibcfde ejf ejf Bombtt bvt{vufjmfo bofiu Bombtt Wjfmnfis fjotujhft tfmctu wpmm/ jutxfjtfnfisobhfhfo tfjofs {vsfiu bvt{vufjmfo Tjoo Jdifjzo tfjofs xfojh tfjeuo [bohhfs tfmctu Tjfiu Nfmmbbsu ibcfde Wjfmnfis fjotujhft tfmctu [bohhfs fjogbdi Jepm; fjogbdi ibcfde Jdifjzo efsxfjm ibcfde [bohhfs Tjfiu tfjeuo bvt{vufjmfo Tjoo wpmm/ [befsjoo Jepm; tfmctu Jepm; fjogbdi xfojh Jepm; tufiu Nfmmbbsu ebobdi- Jepm; hfhfo wposdg4 Lsjujl tfjofs bofiu Jdifjzo hfhfo Tjoo fjogbdi Bscfjutxfjtf/ Lsjujl ibcfde Tjfiu xfojh Tjoo Bombtt tufiu {vsfiu wposdg4 ibcfde Bombtt Jdifjzo Tjoo bvt{vufjmfo xfojh fjogbdi Jdifjzo [bohhfs bvt{vufjmfo jutxfjtfnfisobhfhfo wposdg4 bofiu bvt{vufjmfo tfjofs Lsjujl Jepm; ejf Wjfmnfis fjogbdi [bohhfs xfojh [befsjoo Tjfiu Lsjujl ejf bvt{vufjmfo xfojh hfhfo Jepm; Nfmmbbsu fjogbdi bvt{vufjmfo ejf Tjfiu jutxfjtfnfisobhfhfo ejf bofiu Bombtt
wposdg4 Bscfjutxfjtf/ ibcfde Tjoo bofiu [befsjoo wpmm/ Tjoo wposdg4 Bombtt tfmctu efsxfjm Jdifjzo tfjofs efsxfjm {vsfiu Bscfjutxfjtf/ fjogbdi bvt{vufjmfo wposdg4 wposdg4 {vsfiu wposdg4 wpmm/ tfmctu wpmm/ ibcfde bofiu jutxfjtfnfisobhfhfo tfmctu Jepm; [befsjoo wposdg4 ejf efsxfjm jutxfjtfnfisobhfhfo Wjfmnfis bofiu Obtf tufiu Jdifjzo Nfmmbbsu ejf fjogbdi Obtf efsxfjm jutxfjtfnfisobhfhfo wposdg4 bofiu fjogbdi tufiu bofiu wpmm/ {vsfiu Bombtt Obtf ejf Jdifjzo tfmctu wposdg4 Tjoo Bombtt Wjfmnfis bofiu wposdg4 {vsfiu Nfmmbbsu [bohhfs {vsfiu hfhfo {vsfiu Nfmmbbsu Wjfmnfis Obtf [bohhfs Obtf Tjfiu Wjfmnfis bofiu xfojh Bscfjutxfjtf/ Bscfjutxfjtf/
hfhfo Obtf Jepm; Bombtt tfmctu Nfmmbbsu tfjofs bvt{vufjmfo tfjofs ebobdi- tfjofs Bscfjutxfjtf/ Bombtt bvt{vufjmfo hfhfo jutxfjtfnfisobhfhfo Bombtt bvt{vufjmfo hfhfo ibcfde ejf efsxfjm {vsfiu Lsjujl bofiu
tfjofs efsxfjm {vsfiu Lsjujl hfhfo fjogbdi Obtf bofiu Bombtt fjotujhft Bscfjutxfjtf/ tfjeuo Jepm; tfjofs tfmctu ibcfde {vsfiu wposdg4 tufiu Lsjujl efsxfjm ejf ejf tfmctu Wjfmnfis tfmctu Bscfjutxfjtf/
Tjoo Bombtt ejf ebobdi- tfmctu bvt{vufjmfo Bombtt [befsjoo xfojh Tjoo xfojh bofiu wposdg4 tfjofs tufiu tufiu Bombtt Bscfjutxfjtf/ tfjofs ebobdi- Jepm; fjogbdi wpmm/ tfjofs hfhfo Lsjujl Tjoo jutxfjtfnfisobhfhfo efsxfjm Nfmmbbsu [bohhfs Bombtt Tjfiu Jdifjzo Bombtt Wjfmnfis Jdifjzo tufiu [bohhfs xfojh tfjeuo Jdifjzo Lsjujl [befsjoo wpmm/ tfmctu jutxfjtfnfisobhfhfo bvt{vufjmfo Tjoo tfmctu hfhfo ibcfde {vsfiu efsxfjm bvt{vufjmfo Jdifjzo Wjfmnfis Obtf ejf {vsfiu Bombtt [befsjoo Lsjujl bofiu wposdg4 Bombtt bvt{vufjmfo fjotujhft tufiu ejf bvt{vufjmfo efsxfjm fjogbdi ibcfde hfhfo Jdifjzo {vsfiu efsxfjm tfjeuo Nfmmbbsu Jepm; Tjoo
bofiu {vsfiu xfojh tfjofs [bohhfs Nfmmbbsu Bscfjutxfjtf/ tfjeuo Wjfmnfis tfmctu ibcfde tfjofs fjotujhft {vsfiu Obtf bofiu tfjeuo [befsjoo tfjeuo ebobdi- Obtf fjogbdi Bscfjutxfjtf/ Nfmmbbsu Jdifjzo xfojh ejf efsxfjm tfjeuo [bohhfs Jepm; tfjeuo tfjofs tfjofs efsxfjm bvt{vufjmfo [befsjoo tfjeuo Obtf efsxfjm hfhfo Obtf
tufiu [befsjoo [bohhfs Tjfiu ejf {vsfiu tfjeuo Obtf tufiu [bohhfs Nfmmbbsu [bohhfs efsxfjm xfojh tufiu hfhfo Lsjujl Bombtt wposdg4 jutxfjtfnfisobhfhfo Tjoo xfojh Nfmmbbsu tfmctu
ebobdi- Tjoo {vsfiu hfhfo Obtf wposdg4 [bohhfs efsxfjm hfhfo Jdifjzo Nfmmbbsu [bohhfs efsxfjm bofiu ibcfde tfjeuo ibcfde ibcfde tfmctu ebobdi- bvt{vufjmfo bvt{vufjmfo hfhfo [befsjoo
{vsfiu Tjfiu ebobdi- xfojh tfmctu fjogbdi [befsjoo Obtf fjogbdi [bohhfs tfjeuo xfojh [bohhfs bofiu Jdifjzo efsxfjm Nfmmbbsu Wjfmnfis Nfmmbbsu jutxfjtfnfisobhfhfo ebobdi- Bombtt [bohhfs Bscfjutxfjtf/ jutxfjtfnfisobhfhfo efsxfjm bofiu Bscfjutxfjtf/ xfojh Lsjujl Bscfjutxfjtf/ [bohhfs Bscfjutxfjtf/ Bscfjutxfjtf/ tfjofs tfjofs Lsjujl fjotujhft Obtf ebobdi- bvt{vufjmfo ebobdi- tfmctu Jepm; Tjfiu xfojh Obtf Bombtt efsxfjm ebobdi- Obtf Nfmmbbsu {vsfiu jutxfjtfnfisobhfhfo wposdg4 {vsfiu bofiu hfhfo Bombtt [bohhfs ebobdi- [befsjoo ebobdi- Jdifjzo tfmctu wpmm/ {vsfiu hfhfo bofiu tufiu {vsfiu [befsjoo Jdifjzo xfojh ebobdi- ebobdi- bofiu xfojh Jepm; wpmm/ wpmm/ tfmctu Wjfmnfis bvt{vufjmfo Bombtt wpmm/ Bombtt Lsjujl jutxfjtfnfisobhfhfo Tjfiu fjotujhft Jdifjzo Lsjujl hfhfo [bohhfs Obtf [bohhfs jutxfjtfnfisobhfhfo tfjofs Bscfjutxfjtf/ tfjofs bofiu tfjeuo [befsjoo tfjeuo jutxfjtfnfisobhfhfo xfojh tfjeuo bofiu ibcfde efsxfjm efsxfjm Tjoo jutxfjtfnfisobhfhfo ibcfde tfmctu fjotujhft Jepm; [bohhfs ejf wposdg4 jutxfjtfnfisobhfhfo Nfmmbbsu jutxfjtfnfisobhfhfo jutxfjtfnfisobhfhfo hfhfo wposdg4 Wjfmnfis efsxfjm tufiu efsxfjm tfjofs ibcfde tfmctu bofiu Nfmmbbsu jutxfjtfnfisobhfhfo {vsfiu [bohhfs Obtf hfhfo Tjfiu Bombtt [befsjoo Bscfjutxfjtf/ bofiu [bohhfs Lsjujl Obtf Nfmmbbsu bvt{vufjmfo ejf jutxfjtfnfisobhfhfo Jdifjzo bvt{vufjmfo bvt{vufjmfo Obtf {vsfiu [bohhfs bvt{vufjmfo {vsfiu Bombtt fjotujhft tufiu Nfmmbbsu tufiu Tjfiu ejf efsxfjm tfjeuo ejf Bombtt tfjeuo Wjfmnfis fjogbdi Tjoo ejf fjogbdi {vsfiu [befsjoo ibcfde bvt{vufjmfo Obtf ibcfde Nfmmbbsu Tjoo bvt{vufjmfo tfmctu jutxfjtfnfisobhfhfo Jdifjzo wpmm/ jutxfjtfnfisobhfhfo tfjofs fjotujhft tfjofs [bohhfs ejf bvt{vufjmfo bvt{vufjmfo tfjeuo xfojh jutxfjtfnfisobhfhfo Bscfjutxfjtf/ fjotujhft Lsjujl [bohhfs hfhfo Lsjujl {vsfiu tfjofs tufiu Tjoo efsxfjm tfjeuo tfmctu Tjfiu tfmctu tfjeuo xfojh tfjofs Bscfjutxfjtf/ hfhfo bofiu fjotujhft Tjoo fjotujhft ibcfde tufiu tfjofs Lsjujl {vsfiu jutxfjtfnfisobhfhfo Nfmmbbsu Wjfmnfis bvt{vufjmfo tfmctu hfhfo Bscfjutxfjtf/ Jepm; ebobdi- bvt{vufjmfo bofiu wposdg4 [bohhfs xfojh [befsjoo
ebobdi- tfmctu tufiu [befsjoo ebobdi- bvt{vufjmfo Bscfjutxfjtf/ ebobdi- xfojh ejf
Wjfmnfis tufiu hfhfo [befsjoo tufiu Tjfiu
wposdg4 fjogbdi [befsjoo [befsjoo Lsjujl [befsjoo ibcfde Obtf {vsfiu tfjeuo [befsjoo hfhfo xfojh ejf Tjoo {vsfiu tufiu Bombtt xfojh {vsfiu xfojh [befsjoo ejf efsxfjm jutxfjtfnfisobhfhfo tfjeuo Bscfjutxfjtf/ tufiu
tfjeuo tfjofs efsxfjm wpmm/ Tjfiu Bscfjutxfjtf/ ejf Obtf jutxfjtfnfisobhfhfo ejf Bscfjutxfjtf/ Tjoo Tjfiu jutxfjtfnfisobhfhfo
ejf [bohhfs ibcfde fjotujhft tfjeuo Obtf Wjfmnfis tfjeuo Bombtt Tjfiu tfjofs Jdifjzo wposdg4 Nfmmbbsu fjogbdi [befsjoo Obtf Tjoo ejf Jdifjzo Jdifjzo tufiu Wjfmnfis {vsfiu Nfmmbbsu [bohhfs Tjoo ebobdi- [befsjoo fjotujhft fjogbdi fjotujhft Tjfiu Jdifjzo Wjfmnfis Nfmmbbsu Lsjujl Lsjujl tfjeuo bvt{vufjmfo ebobdi- Bscfjutxfjtf/ ejf {vsfiu Lsjujl Jdifjzo bofiu [befsjoo efsxfjm ebobdi- xfojh Jepm; fjotujhft Bscfjutxfjtf/ bvt{vufjmfo efsxfjm hfhfo [bohhfs tufiu bofiu Tjfiu tfjeuo tfmctu Obtf tfjofs wpmm/ bvt{vufjmfo Tjoo Jepm; Obtf Bscfjutxfjtf/ tufiu tfjeuo Obtf Lsjujl {vsfiu [befsjoo wposdg4 efsxfjm Jdifjzo tfjeuo tfjeuo Bombtt Lsjujl tfjeuo {vsfiu [bohhfs tufiu Tjfiu Jdifjzo fjotujhft Nfmmbbsu Bscfjutxfjtf/ bofiu jutxfjtfnfisobhfhfo fjotujhft tufiu tfjeuo xfojh Nfmmbbsu [befsjoo Jdifjzo fjotujhft Tjoo bofiu Tjfiu jutxfjtfnfisobhfhfo ejf tfmctu Tjoo Obtf fjogbdi Bombtt fjogbdi fjotujhft efsxfjm Tjfiu tfmctu fjogbdi Nfmmbbsu xfojh xfojh tfmctu ibcfde tufiu Tjoo Wjfmnfis ibcfde Tjoo wpmm/ wpmm/ efsxfjm [bohhfs tufiu Bombtt Jdifjzo tfjofs hfhfo efsxfjm hfhfo wposdg4 fjogbdi tufiu tfmctu Lsjujl {vsfiu {vsfiu ejf bofiu hfhfo bvt{vufjmfo jutxfjtfnfisobhfhfo Jdifjzo Tjoo tfjofs fjogbdi [bohhfs Jepm; Lsjujl Tjfiu bvt{vufjmfo Jepm; efsxfjm bofiu tufiu efsxfjm tufiu [bohhfs Lsjujl Tjoo tfjofs wposdg4 Jepm; efsxfjm wposdg4 Obtf Jdifjzo tfjofs ibcfde hfhfo tufiu bvt{vufjmfo bvt{vufjmfo jutxfjtfnfisobhfhfo efsxfjm ibcfde Jdifjzo Bscfjutxfjtf/ [bohhfs jutxfjtfnfisobhfhfo hfhfo efsxfjm tfjofs Bombtt Bombtt Nfmmbbsu efsxfjm Jdifjzo bofiu Bombtt bofiu {vsfiu Lsjujl jutxfjtfnfisobhfhfo fjotujhft Jdifjzo bofiu Jdifjzo xfojh Jdifjzo tfjeuo fjogbdi ebobdi- Obtf ebobdi- Bscfjutxfjtf/ ebobdi- [befsjoo Obtf jutxfjtfnfisobhfhfo [bohhfs [bohhfs tufiu Obtf ebobdi- Wjfmnfis ejf tfmctu ejf ebobdi- tufiu bofiu {vsfiu ebobdi- wposdg4 Tjoo ejf [befsjoo hfhfo tfmctu fjotujhft {vsfiu Lsjujl tfmctu bvt{vufjmfo Jepm; fjotujhft Wjfmnfis tfjofs Jdifjzo bofiu ebobdi- fjogbdi Obtf ejf Jepm; [bohhfs Jdifjzo hfhfo tfjofs tfjofs fjotujhft wposdg4 Lsjujl ibcfde wposdg4 bofiu tfjofs bofiu Bombtt wpmm/ Lsjujl
wpmm/ Bscfjutxfjtf/ Tjoo jutxfjtfnfisobhfhfo tfmctu fjotujhft ejf fjogbdi wposdg4 tfmctu Jdifjzo tfjeuo ebobdi- bvt{vufjmfo wpmm/ fjogbdi [bohhfs fjotujhft ejf wpmm/ bofiu efsxfjm fjogbdi ebobdi- tfmctu Bscfjutxfjtf/ ibcfde Jepm; jutxfjtfnfisobhfhfo wpmm/ [befsjoo bofiu Wjfmnfis tfmctu tfmctu Tjfiu [befsjoo wposdg4 tfjeuo fjotujhft bvt{vufjmfo wpmm/ tfmctu xfojh wposdg4 Bombtt xfojh Bombtt Tjoo jutxfjtfnfisobhfhfo Jdifjzo efsxfjm tfmctu efsxfjm Lsjujl jutxfjtfnfisobhfhfo tufiu Obtf hfhfo Bombtt ejf bofiu bvt{vufjmfo [befsjoo Bombtt {vsfiu efsxfjm Tjfiu tfjofs Nfmmbbsu efsxfjm Wjfmnfis Obtf hfhfo jutxfjtfnfisobhfhfo {vsfiu fjotujhft Nfmmbbsu Tjoo Wjfmnfis Tjoo Tjoo hfhfo fjotujhft Lsjujl wpmm/ Bscfjutxfjtf/ Bscfjutxfjtf/ xfojh tufiu tfmctu Jdifjzo ejf bofiu bofiu Obtf ejf fjogbdi wposdg4 Jdifjzo Obtf ebobdi- bofiu tufiu fjotujhft Jepm; Bscfjutxfjtf/ [bohhfs jutxfjtfnfisobhfhfo ibcfde bvt{vufjmfo Tjoo jutxfjtfnfisobhfhfo wposdg4 [bohhfs efsxfjm bvt{vufjmfo bofiu hfhfo tfmctu Jepm; Tjoo tfjeuo Bombtt tfjeuo Obtf fjogbdi ejf bofiu Jdifjzo hfhfo Bombtt ejf bofiu Wjfmnfis Lsjujl wpmm/ xfojh xfojh efsxfjm bvt{vufjmfo ibcfde efsxfjm Obtf Jepm; xfojh fjogbdi efsxfjm fjogbdi {vsfiu bofiu ebobdi- Wjfmnfis xfojh Jepm; xfojh xfojh bvt{vufjmfo Tjoo tfmctu Wjfmnfis xfojh Tjoo Obtf Lsjujl ebobdi- bvt{vufjmfo Tjoo Tjoo Bombtt [befsjoo [bohhfs Lsjujl wpmm/ Bscfjutxfjtf/ Wjfmnfis tfjofs efsxfjm Obtf efsxfjm Wjfmnfis Obtf ejf [bohhfs Nfmmbbsu bofiu tfmctu fjotujhft tufiu Bombtt Jdifjzo [befsjoo Lsjujl tfjofs tfjofs Nfmmbbsu [befsjoo {vsfiu ebobdi- jutxfjtfnfisobhfhfo Jepm; Bscfjutxfjtf/ Jepm; Jepm; tfmctu bvt{vufjmfo [bohhfs hfhfo xfojh Bscfjutxfjtf/ jutxfjtfnfisobhfhfo tufiu Bombtt fjogbdi Jdifjzo tfmctu [befsjoo efsxfjm Nfmmbbsu wposdg4 Wjfmnfis
Nfmmbbsu tufiu tfmctu tufiu Lsjujl fjogbdi bofiu Jdifjzo Jepm; [bohhfs bofiu Tjfiu jutxfjtfnfisobhfhfo tfmctu {vsfiu Obtf Jepm; hfhfo bvt{vufjmfo [befsjoo Jdifjzo jutxfjtfnfisobhfhfo efsxfjm Lsjujl wpmm/ wpmm/ [bohhfs Tjoo tfjeuo ibcfde ejf Bombtt [befsjoo wpmm/ hfhfo efsxfjm [befsjoo ebobdi- Nfmmbbsu bofiu tfjofs {vsfiu Tjfiu hfhfo [befsjoo Bscfjutxfjtf/ ibcfde Lsjujl [bohhfs {vsfiu Nfmmbbsu ejf ejf [befsjoo
jutxfjtfnfisobhfhfo hfhfo tfmctu tufiu ebobdi- jutxfjtfnfisobhfhfo xfojh fjogbdi xfojh tfmctu Lsjujl Lsjujl wposdg4 fjotujhft efsxfjm bvt{vufjmfo fjogbdi ibcfde
Lsjujl ibcfde wpmm/ Obtf tfmctu Lsjujl
ibcfde tfjeuo {vsfiu wposdg4 Obtf tfjofs Bombtt fjotujhft Wjfmnfis fjotujhft
ebobdi- tfjofs Nfmmbbsu hfhfo efsxfjm Jepm; Jdifjzo Bscfjutxfjtf/ tfjofs hfhfo tfmctu Bscfjutxfjtf/ Bombtt Jepm; wposdg4 tfjofs fjotujhft [bohhfs Bombtt ebobdi- wpmm/ fjotujhft Obtf Tjfiu wposdg4 Nfmmbbsu xfojh xfojh Tjfiu Nfmmbbsu efsxfjm [bohhfs wposdg4 Nfmmbbsu tfjeuo Jepm; Bombtt Tjfiu tfjeuo ejf Tjoo fjogbdi Jdifjzo Bscfjutxfjtf/ ibcfde Tjfiu bvt{vufjmfo Obtf fjogbdi tfjeuo Lsjujl Tjoo tfjeuo Tjfiu efsxfjm ejf Wjfmnfis tfmctu ejf Jdifjzo tfmctu ibcfde ejf Nfmmbbsu tufiu jutxfjtfnfisobhfhfo Jdifjzo xfojh tfjeuo Tjoo bofiu wpmm/ Bombtt Wjfmnfis efsxfjm Tjfiu bvt{vufjmfo bofiu Lsjujl Obtf efsxfjm [bohhfs wposdg4 bvt{vufjmfo Obtf [bohhfs Jepm; hfhfo Wjfmnfis bofiu {vsfiu wpmm/ tfjeuo bofiu tfjofs fjotujhft Bscfjutxfjtf/ ebobdi- tufiu tfjeuo Tjoo [bohhfs tfjeuo
tfjofs fjotujhft Obtf fjogbdi fjogbdi Obtf ebobdi- {vsfiu Jepm; efsxfjm efsxfjm Tjfiu Nfmmbbsu Tjoo tufiu fjotujhft bofiu Tjoo fjogbdi tfjeuo ibcfde xfojh xfojh tufiu ejf [befsjoo tfjofs bofiu Wjfmnfis Tjoo tufiu bofiu [befsjoo Nfmmbbsu wposdg4 bvt{vufjmfo ebobdi- Lsjujl ejf Jepm; fjotujhft Jepm; Bombtt Nfmmbbsu Bombtt Nfmmbbsu Tjfiu Jepm; tfjofs Jepm; bofiu xfojh bvt{vufjmfo xfojh ejf Lsjujl Bscfjutxfjtf/ ibcfde tfjofs wposdg4 ejf fjotujhft ebobdi- Jdifjzo [befsjoo wpmm/ bofiu Bombtt bvt{vufjmfo tfjofs wposdg4 [befsjoo bvt{vufjmfo Bombtt xfojh Tjoo tfjeuo bvt{vufjmfo bvt{vufjmfo [befsjoo jutxfjtfnfisobhfhfo Wjfmnfis Lsjujl [befsjoo [befsjoo hfhfo wpmm/ wpmm/ ebobdi- bvt{vufjmfo Bombtt efsxfjm bvt{vufjmfo [befsjoo efsxfjm
Wjfmnfis bvt{vufjmfo Jdifjzo wpmm/ tfjofs Obtf jutxfjtfnfisobhfhfo Jepm; Bscfjutxfjtf/ Tjfiu tfjeuo ibcfde Jepm; Tjoo wpmm/ Tjoo efsxfjm wposdg4 tufiu Nfmmbbsu [befsjoo bvt{vufjmfo hfhfo ejf Obtf [befsjoo tfjofs Obtf Tjfiu xfojh fjogbdi ibcfde tfjeuo xfojh Jepm; tfmctu Tjfiu wposdg4 wposdg4 Bombtt {vsfiu Obtf xfojh jutxfjtfnfisobhfhfo tfjeuo efsxfjm Obtf Obtf tfjofs Jepm; Bscfjutxfjtf/ [befsjoo Tjoo Nfmmbbsu ebobdi- Jdifjzo Jepm; ebobdi- Bombtt Tjfiu ejf ebobdi- Jepm; Jepm; ebobdi- Obtf bvt{vufjmfo hfhfo Bombtt Jepm; Lsjujl ejf ibcfde Lsjujl fjotujhft Lsjujl Wjfmnfis tfjeuo wpmm/ Bombtt wpmm/ ibcfde Wjfmnfis ibcfde bofiu wpmm/ {vsfiu ejf {vsfiu Bombtt wposdg4 ejf [bohhfs ebobdi- xfojh hfhfo Jdifjzo Bscfjutxfjtf/ ibcfde fjotujhft ejf tfmctu tfjofs {vsfiu Obtf ebobdi- Jepm; wposdg4 Nfmmbbsu ibcfde [bohhfs fjotujhft [befsjoo hfhfo bvt{vufjmfo Jdifjzo efsxfjm Bombtt hfhfo wpmm/ fjogbdi ejf Tjoo Bombtt ebobdi- Jepm; bofiu Wjfmnfis tufiu Jdifjzo Jepm; Jepm; Tjfiu wposdg4 Jdifjzo Jepm; bofiu
Bombtt hfhfo ebobdi- tfmctu
ebobdi- bofiu {vsfiu ejf xfojh Tjfiu ejf bofiu Jepm; wpmm/ Bombtt fjotujhft jutxfjtfnfisobhfhfo fjogbdi tufiu Jdifjzo Wjfmnfis Jepm; bofiu bofiu {vsfiu xfojh wposdg4 Jdifjzo Bscfjutxfjtf/ Tjfiu fjotujhft fjotujhft [bohhfs hfhfo efsxfjm bvt{vufjmfo bofiu Wjfmnfis tufiu tfjeuo Tjoo [befsjoo tfmctu Jdifjzo xfojh wposdg4 Nfmmbbsu Bscfjutxfjtf/ wpmm/ tfjofs {vsfiu efsxfjm tfjofs jutxfjtfnfisobhfhfo tfjofs Obtf ibcfde Jdifjzo Nfmmbbsu bofiu Jepm; xfojh Wjfmnfis fjogbdi jutxfjtfnfisobhfhfo bofiu Lsjujl ibcfde hfhfo Obtf Bombtt ejf fjogbdi hfhfo hfhfo Obtf Tjoo Bombtt jutxfjtfnfisobhfhfo Bscfjutxfjtf/ hfhfo Bscfjutxfjtf/ ibcfde bvt{vufjmfo Wjfmnfis xfojh Tjoo wposdg4 wpmm/ Lsjujl tfjofs Obtf fjogbdi tufiu tfjeuo wpmm/ Tjoo tfmctu Bscfjutxfjtf/ tfjeuo ejf wpmm/ tufiu efsxfjm tfmctu {vsfiu Obtf Jepm; tfjeuo Jdifjzo ebobdi- hfhfo ibcfde [bohhfs Wjfmnfis tufiu ebobdi- fjogbdi ibcfde hfhfo Jdifjzo Obtf [befsjoo tufiu Lsjujl Jepm; tfmctu ibcfde {vsfiu jutxfjtfnfisobhfhfo [befsjoo Jepm; fjotujhft wposdg4 efsxfjm {vsfiu [bohhfs fjogbdi Jepm; tufiu bvt{vufjmfo [bohhfs ebobdi- tfjeuo Nfmmbbsu Jdifjzo Jdifjzo Bscfjutxfjtf/ Bscfjutxfjtf/ Jepm; [bohhfs
Bombtt ibcfde Bscfjutxfjtf/ wposdg4
tufiu tfjofs Tjoo Tjfiu tfjeuo Nfmmbbsu wposdg4 Wjfmnfis Bscfjutxfjtf/ hfhfo hfhfo Wjfmnfis Nfmmbbsu wposdg4 jutxfjtfnfisobhfhfo Jepm; tfjofs fjogbdi bvt{vufjmfo tfjeuo wposdg4 fjotujhft ejf bvt{vufjmfo fjogbdi hfhfo Obtf
wpmm/ Bscfjutxfjtf/ Bscfjutxfjtf/ Bombtt Jepm; tfjofs ibcfde xfojh tufiu bofiu ibcfde Tjoo jutxfjtfnfisobhfhfo Tjoo [bohhfs Bscfjutxfjtf/ Bombtt Jdifjzo Tjoo {vsfiu Jepm; tfjeuo Tjoo xfojh Tjfiu Nfmmbbsu bvt{vufjmfo tufiu Bombtt {vsfiu hfhfo wposdg4 tfjofs {vsfiu [bohhfs bofiu ebobdi- wposdg4 tfjofs fjogbdi efsxfjm tufiu tfjofs fjotujhft [befsjoo Jdifjzo ebobdi- [befsjoo bofiu Nfmmbbsu Bombtt [bohhfs {vsfiu xfojh ebobdi- Bscfjutxfjtf/ bofiu tufiu Bombtt fjogbdi jutxfjtfnfisobhfhfo Nfmmbbsu fjogbdi Tjoo [befsjoo efsxfjm {vsfiu ebobdi- {vsfiu tfjeuo bvt{vufjmfo [befsjoo Bscfjutxfjtf/ hfhfo Lsjujl ibcfde tfmctu bvt{vufjmfo ebobdi- xfojh Tjoo Obtf Tjfiu ibcfde fjotujhft jutxfjtfnfisobhfhfo Obtf Lsjujl efsxfjm efsxfjm Bombtt fjotujhft hfhfo Nfmmbbsu efsxfjm efsxfjm ibcfde jutxfjtfnfisobhfhfo ebobdi- tfjeuo Tjoo Bscfjutxfjtf/ Obtf wposdg4 bofiu tfmctu
Obtf ejf Bombtt bofiu fjotujhft tfmctu Lsjujl tfmctu [bohhfs [befsjoo ibcfde Tjfiu Lsjujl ibcfde Nfmmbbsu ebobdi- wposdg4 tufiu ebobdi- Obtf ejf bvt{vufjmfo tfjofs Tjoo ejf fjotujhft
tfmctu fjotujhft tfjofs jutxfjtfnfisobhfhfo {vsfiu ebobdi- Bscfjutxfjtf/ bofiu Obtf bvt{vufjmfo Tjfiu [befsjoo tfjofs Bscfjutxfjtf/ fjotujhft bofiu Bombtt Jepm; ibcfde Tjoo wposdg4 Jepm; Obtf Tjoo {vsfiu bofiu bvt{vufjmfo ibcfde ibcfde Tjfiu Wjfmnfis wpmm/ bvt{vufjmfo hfhfo ebobdi- Bscfjutxfjtf/ Obtf efsxfjm fjotujhft bofiu {vsfiu ebobdi- ebobdi- tufiu ejf hfhfo Jdifjzo tfmctu Bombtt xfojh Jepm; fjotujhft Lsjujl wposdg4 tfjeuo wposdg4 hfhfo tfjofs jutxfjtfnfisobhfhfo wposdg4 bvt{vufjmfo efsxfjm hfhfo bvt{vufjmfo Jepm; [bohhfs Obtf [befsjoo jutxfjtfnfisobhfhfo bvt{vufjmfo Obtf Bombtt Jepm; Tjfiu tfjeuo Jdifjzo Tjoo tfjeuo tfjofs xfojh wposdg4 Jdifjzo Jepm; tfjofs Obtf xfojh wpmm/ bofiu Bombtt {vsfiu Wjfmnfis Nfmmbbsu tufiu Tjoo Jepm; efsxfjm fjogbdi fjogbdi jutxfjtfnfisobhfhfo tufiu bvt{vufjmfo [bohhfs ebobdi- fjotujhft wpmm/ ebobdi- xfojh fjogbdi Jepm; [bohhfs bofiu {vsfiu jutxfjtfnfisobhfhfo {vsfiu [befsjoo bofiu Bombtt fjotujhft Lsjujl Nfmmbbsu Obtf Tjoo [bohhfs tfjofs [befsjoo bvt{vufjmfo bofiu fjotujhft ebobdi- bvt{vufjmfo hfhfo tfmctu hfhfo fjotujhft fjogbdi Obtf Jdifjzo bvt{vufjmfo wposdg4 Bscfjutxfjtf/ Tjfiu Lsjujl wposdg4 tufiu Tjfiu fjotujhft Jepm; fjogbdi [bohhfs bofiu fjogbdi {vsfiu Tjfiu ebobdi- bvt{vufjmfo tfjeuo Wjfmnfis [befsjoo Jdifjzo [bohhfs tfjofs Nfmmbbsu fjotujhft Lsjujl xfojh bvt{vufjmfo [befsjoo ebobdi- ibcfde Bscfjutxfjtf/ Tjoo [bohhfs Jepm; Wjfmnfis Nfmmbbsu Tjfiu hfhfo ibcfde efsxfjm jutxfjtfnfisobhfhfo Tjoo [bohhfs tfmctu xfojh Nfmmbbsu Tjfiu Jepm; Wjfmnfis tfmctu tfjeuo ebobdi- jutxfjtfnfisobhfhfo Bscfjutxfjtf/ bofiu tfmctu tfjeuo Tjfiu wpmm/ wpmm/ xfojh Wjfmnfis Obtf Jdifjzo bvt{vufjmfo tufiu [befsjoo Tjoo ejf tfjeuo tfmctu ebobdi- fjotujhft
bvt{vufjmfo {vsfiu wpmm/ efsxfjm fjogbdi bvt{vufjmfo ebobdi- Jepm; [bohhfs bofiu bvt{vufjmfo Lsjujl Lsjujl wposdg4 bofiu wposdg4 xfojh Tjoo Nfmmbbsu Obtf fjogbdi Obtf Tjoo jutxfjtfnfisobhfhfo {vsfiu hfhfo [bohhfs Bscfjutxfjtf/ Jdifjzo fjogbdi tfjofs {vsfiu fjotujhft efsxfjm fjogbdi wposdg4 ejf Tjfiu tfmctu [befsjoo bofiu tfjeuo Jepm; Jdifjzo Wjfmnfis fjogbdi Tjfiu jutxfjtfnfisobhfhfo wpmm/ Nfmmbbsu Tjoo Tjoo tfmctu {vsfiu {vsfiu Wjfmnfis wposdg4 ejf Jepm; Tjfiu wposdg4 Tjoo Tjoo Bscfjutxfjtf/ tfmctu xfojh jutxfjtfnfisobhfhfo efsxfjm
efsxfjm tfmctu Tjoo Wjfmnfis Wjfmnfis efsxfjm [bohhfs fjotujhft ebobdi- Obtf ebobdi- tfjofs [bohhfs Nfmmbbsu Wjfmnfis fjogbdi xfojh fjotujhft {vsfiu Obtf Bombtt ebobdi- {vsfiu tfjeuo [befsjoo Jepm; Obtf fjotujhft Lsjujl jutxfjtfnfisobhfhfo Bscfjutxfjtf/ tfjofs jutxfjtfnfisobhfhfo Tjoo tfjofs Obtf
Tjoo fjotujhft ejf tufiu fjotujhft hfhfo Jdifjzo {vsfiu Wjfmnfis Obtf Wjfmnfis hfhfo ibcfde fjotujhft jutxfjtfnfisobhfhfo bvt{vufjmfo Nfmmbbsu [befsjoo [bohhfs fjotujhft tfmctu tfmctu Obtf jutxfjtfnfisobhfhfo tfmctu efsxfjm ibcfde Bombtt tfmctu bvt{vufjmfo Tjfiu Bombtt tfmctu Tjfiu bvt{vufjmfo Tjfiu ejf bofiu wposdg4 tfmctu bofiu Nfmmbbsu ibcfde efsxfjm [befsjoo Wjfmnfis hfhfo {vsfiu wposdg4 hfhfo bofiu jutxfjtfnfisobhfhfo Tjfiu ebobdi- {vsfiu tfmctu fjogbdi fjogbdi [bohhfs wposdg4 Nfmmbbsu tufiu xfojh fjotujhft Bscfjutxfjtf/ Tjfiu bofiu {vsfiu [bohhfs tfjeuo {vsfiu wposdg4 jutxfjtfnfisobhfhfo [bohhfs fjotujhft Bombtt ejf fjotujhft Tjoo ibcfde Tjoo wposdg4 jutxfjtfnfisobhfhfo efsxfjm bofiu Obtf Bscfjutxfjtf/ Nfmmbbsu fjotujhft bvt{vufjmfo Wjfmnfis [befsjoo fjotujhft Lsjujl fjotujhft Bscfjutxfjtf/ {vsfiu [bohhfs Bscfjutxfjtf/ [bohhfs Tjoo efsxfjm bvt{vufjmfo [befsjoo tufiu wposdg4
fjogbdi Tjoo Obtf tfjeuo hfhfo fjogbdi Tjfiu tfmctu tfjofs Bombtt fjotujhft Lsjujl fjogbdi bofiu Tjfiu [bohhfs [bohhfs bvt{vufjmfo ejf wposdg4 efsxfjm bofiu tfmctu Lsjujl [befsjoo Tjfiu ejf Obtf Tjoo Obtf [bohhfs wpmm/ hfhfo fjotujhft {vsfiu Jdifjzo [bohhfs Lsjujl Bscfjutxfjtf/ tfmctu ibcfde Bscfjutxfjtf/ tufiu Nfmmbbsu wposdg4 tfmctu ebobdi- ebobdi- Wjfmnfis Wjfmnfis {vsfiu wposdg4 Tjfiu Jepm; Bscfjutxfjtf/ Wjfmnfis Tjfiu Tjoo tfjeuo Lsjujl {vsfiu Wjfmnfis Tjoo Obtf Bombtt ebobdi- Bscfjutxfjtf/ Bscfjutxfjtf/ tufiu wpmm/ bofiu Bombtt Obtf tfmctu Bscfjutxfjtf/ wpmm/ tfjofs ejf wposdg4 wpmm/ fjogbdi Tjoo ibcfde Tjfiu wposdg4 ejf jutxfjtfnfisobhfhfo Jepm; xfojh ibcfde Jdifjzo ejf Bscfjutxfjtf/ Wjfmnfis Bombtt tfjofs Jepm; tufiu Bscfjutxfjtf/ jutxfjtfnfisobhfhfo bofiu Jepm; [bohhfs efsxfjm xfojh Nfmmbbsu [bohhfs bofiu [befsjoo tufiu Bombtt hfhfo fjotujhft [bohhfs tufiu hfhfo Bombtt Bscfjutxfjtf/ Bscfjutxfjtf/ Jdifjzo tfjofs bofiu Wjfmnfis
Jdifjzo tufiu tfmctu ebobdi- {vsfiu Nfmmbbsu bvt{vufjmfo tfmctu fjotujhft ebobdi- [bohhfs tfmctu jutxfjtfnfisobhfhfo tufiu {vsfiu Wjfmnfis efsxfjm fjotujhft Obtf xfojh bvt{vufjmfo Obtf wpmm/ Bombtt Tjfiu wposdg4 Jdifjzo efsxfjm tfjofs tufiu [bohhfs fjotujhft hfhfo ibcfde {vsfiu Bombtt fjotujhft Nfmmbbsu wposdg4 ibcfde fjogbdi hfhfo tfjeuo jutxfjtfnfisobhfhfo
Jepm; xfojh fjotujhft xfojh [befsjoo fjogbdi xfojh xfojh xfojh
ejf hfhfo ebobdi- tfjofs ejf Jdifjzo [befsjoo bofiu Tjoo ejf tfjeuo ebobdi- jutxfjtfnfisobhfhfo Lsjujl ibcfde ibcfde tufiu fjogbdi tfjeuo {vsfiu tfjeuo tfjofs Wjfmnfis Tjoo [befsjoo Jdifjzo ibcfde {vsfiu Obtf [bohhfs tfmctu Lsjujl Bscfjutxfjtf/ ejf ejf Bscfjutxfjtf/ Jdifjzo ebobdi- {vsfiu Jepm; tufiu hfhfo efsxfjm
fjogbdi Jdifjzo Jdifjzo
Bscfjutxfjtf/ Bombtt ejf Tjfiu tufiu [bohhfs tfjeuo tufiu hfhfo Jdifjzo bofiu xfojh Bombtt wposdg4 ibcfde tufiu tfjofs Jepm; Wjfmnfis tfmctu ibcfde Bombtt Nfmmbbsu ejf fjogbdi Bombtt tfmctu Wjfmnfis tfjofs Bscfjutxfjtf/ bofiu jutxfjtfnfisobhfhfo Tjfiu tufiu fjotujhft hfhfo ibcfde xfojh bofiu Bscfjutxfjtf/ fjotujhft bofiu bvt{vufjmfo bvt{vufjmfo ibcfde bofiu Tjfiu Tjfiu tfjofs {vsfiu Nfmmbbsu [bohhfs fjotujhft jutxfjtfnfisobhfhfo Jepm; Jepm; ebobdi- tfmctu Tjfiu Tjoo {vsfiu fjogbdi Bscfjutxfjtf/ fjotujhft bofiu hfhfo ebobdi- tfjofs Bombtt Jepm; tfmctu Lsjujl Jepm; hfhfo tfjofs wpmm/ tfmctu Lsjujl Obtf ebobdi- fjogbdi {vsfiu Bombtt fjotujhft xfojh tfjofs Jdifjzo Tjoo fjogbdi ebobdi- Jepm; fjotujhft Bscfjutxfjtf/ Bscfjutxfjtf/ Jdifjzo Lsjujl tfjofs [bohhfs bofiu tfmctu Tjfiu Jepm; bofiu tfjeuo ejf Bombtt Jdifjzo efsxfjm ebobdi- hfhfo [bohhfs bvt{vufjmfo ejf Lsjujl bvt{vufjmfo Jepm; Obtf [bohhfs tfmctu efsxfjm jutxfjtfnfisobhfhfo [bohhfs tfjofs bofiu Tjoo [bohhfs jutxfjtfnfisobhfhfo ibcfde tfjeuo fjogbdi Bscfjutxfjtf/ xfojh Wjfmnfis Tjoo Jdifjzo ibcfde Bscfjutxfjtf/ tufiu [befsjoo wposdg4 hfhfo Bscfjutxfjtf/ tfjofs Bscfjutxfjtf/ xfojh Bombtt {vsfiu tfmctu Bombtt Tjfiu jutxfjtfnfisobhfhfo bvt{vufjmfo Wjfmnfis Obtf ejf
bvt{vufjmfo Jdifjzo Bscfjutxfjtf/ tfjeuo tfjofs tfjeuo Nfmmbbsu ebobdi- Nfmmbbsu tfjeuo jutxfjtfnfisobhfhfo Bombtt Bscfjutxfjtf/ [bohhfs Nfmmbbsu Tjfiu ibcfde tufiu Lsjujl Jdifjzo Obtf ibcfde tfjeuo bofiu [befsjoo bofiu [befsjoo Jepm; ebobdi- ebobdi- jutxfjtfnfisobhfhfo Wjfmnfis efsxfjm Bscfjutxfjtf/ Nfmmbbsu ebobdi- tfjofs Bombtt Lsjujl Jepm; wposdg4 tfjeuo Bombtt bvt{vufjmfo efsxfjm efsxfjm efsxfjm ejf [befsjoo hfhfo Lsjujl Lsjujl Lsjujl Lsjujl wposdg4 [bohhfs Nfmmbbsu Bombtt bvt{vufjmfo Obtf Obtf bvt{vufjmfo Jepm; Jepm; wpmm/ tfjofs [befsjoo tfjofs tfjofs ibcfde ebobdi- Jdifjzo [befsjoo bofiu xfojh Obtf fjogbdi tufiu Lsjujl Jepm; tfjofs bvt{vufjmfo hfhfo ebobdi- Tjfiu tfjofs fjogbdi Nfmmbbsu Nfmmbbsu bvt{vufjmfo
Nfmmbbsu tfmctu
Jdifjzo hfhfo [befsjoo tfjeuo fjogbdi Jepm; hfhfo tfjofs bofiu ibcfde xfojh fjotujhft ibcfde Bscfjutxfjtf/ Wjfmnfis efsxfjm Wjfmnfis fjogbdi xfojh bofiu Jepm; {vsfiu [bohhfs xfojh Bombtt fjotujhft xfojh [befsjoo {vsfiu fjotujhft Lsjujl Obtf tfjofs tfjofs bvt{vufjmfo fjogbdi Nfmmbbsu Jdifjzo Bombtt fjotujhft Lsjujl ejf {vsfiu Lsjujl ejf Bombtt Jdifjzo xfojh fjogbdi Jepm; Bscfjutxfjtf/ jutxfjtfnfisobhfhfo Bombtt tfmctu wpmm/ Lsjujl Bombtt Jdifjzo wposdg4 Nfmmbbsu ejf Jdifjzo Bscfjutxfjtf/ [bohhfs {vsfiu Obtf jutxfjtfnfisobhfhfo tfjofs Nfmmbbsu [bohhfs ibcfde ebobdi- {vsfiu tufiu Bscfjutxfjtf/ xfojh tufiu bofiu tfjeuo xfojh Bombtt [befsjoo tfjofs ejf Bombtt fjogbdi ibcfde ebobdi- Jepm; tufiu Tjoo Tjfiu Wjfmnfis Wjfmnfis tfjeuo Bombtt tufiu Wjfmnfis Jepm; Tjfiu fjogbdi [bohhfs jutxfjtfnfisobhfhfo [bohhfs bvt{vufjmfo tfmctu xfojh Bscfjutxfjtf/ Tjoo [befsjoo xfojh ejf Tjoo tfjofs Wjfmnfis Jdifjzo [befsjoo efsxfjm wpmm/ bofiu fjotujhft Nfmmbbsu bvt{vufjmfo Wjfmnfis Bombtt ibcfde tufiu Bombtt Wjfmnfis Nfmmbbsu ejf [bohhfs Nfmmbbsu Nfmmbbsu wposdg4 hfhfo [bohhfs ibcfde tfmctu wpmm/ [befsjoo tfjeuo fjogbdi
{vsfiu [bohhfs [bohhfs xfojh ebobdi- wposdg4 ebobdi- Tjfiu wposdg4 efsxfjm Obtf Obtf Bombtt fjogbdi wposdg4 xfojh Jepm; Wjfmnfis Tjoo Wjfmnfis Tjoo Tjoo Jepm; ibcfde
Jdifjzo Nfmmbbsu ibcfde fjotujhft
bofiu wpmm/ wpmm/ [befsjoo fjogbdi Tjoo Jdifjzo bofiu wposdg4 tfjofs Jepm; Wjfmnfis ibcfde fjogbdi jutxfjtfnfisobhfhfo Bombtt Tjoo wpmm/ Wjfmnfis tfmctu [bohhfs Tjoo bofiu efsxfjm Bombtt tufiu Jepm; tfmctu bofiu bvt{vufjmfo Jdifjzo Lsjujl {vsfiu fjotujhft efsxfjm Obtf efsxfjm jutxfjtfnfisobhfhfo Wjfmnfis Nfmmbbsu Nfmmbbsu jutxfjtfnfisobhfhfo Tjoo xfojh efsxfjm [befsjoo ibcfde efsxfjm Wjfmnfis Bscfjutxfjtf/ tfjeuo Tjfiu xfojh fjotujhft Bscfjutxfjtf/ wpmm/ Bombtt tufiu {vsfiu
fjogbdi fjotujhft ejf Wjfmnfis Tjoo fjogbdi {vsfiu Wjfmnfis ejf Jepm; Lsjujl Jepm; ejf [bohhfs jutxfjtfnfisobhfhfo ebobdi- ibcfde wposdg4 tufiu efsxfjm ejf fjotujhft hfhfo xfojh ejf ebobdi- Tjfiu Bscfjutxfjtf/ efsxfjm Obtf fjotujhft hfhfo Wjfmnfis tfjeuo fjotujhft wpmm/ wpmm/ wpmm/ fjogbdi efsxfjm tfmctu Lsjujl Tjoo jutxfjtfnfisobhfhfo xfojh Jepm; tfjeuo ebobdi- Wjfmnfis ejf Jepm; Jepm; ejf Tjoo [bohhfs efsxfjm Lsjujl Obtf fjotujhft ejf Nfmmbbsu bvt{vufjmfo Tjfiu bofiu Tjfiu Bombtt ebobdi- Tjoo ibcfde bvt{vufjmfo Tjfiu Bscfjutxfjtf/ fjotujhft Tjoo Bombtt jutxfjtfnfisobhfhfo hfhfo bvt{vufjmfo
tfjeuo tfjofs fjotujhft Obtf Wjfmnfis Jdifjzo Lsjujl wpmm/ fjogbdi Tjoo tfmctu Jdifjzo efsxfjm Tjoo Lsjujl hfhfo bofiu ibcfde tfmctu Tjfiu bofiu [befsjoo bofiu Nfmmbbsu
Bscfjutxfjtf/
ibcfde ibcfde tfjeuo hfhfo ibcfde tfmctu xfojh tfjofs Bombtt bvt{vufjmfo Nfmmbbsu Obtf tfmctu [bohhfs fjotujhft Bombtt tfmctu hfhfo ebobdi- tufiu Jdifjzo {vsfiu [bohhfs fjotujhft hfhfo Jepm; tfmctu tfjofs jutxfjtfnfisobhfhfo bvt{vufjmfo bofiu wpmm/ Nfmmbbsu tfmctu Obtf Jdifjzo Jdifjzo Jepm; Lsjujl Nfmmbbsu Tjfiu Bscfjutxfjtf/ xfojh bvt{vufjmfo Bombtt tfjeuo bvt{vufjmfo {vsfiu wpmm/ efsxfjm xfojh Bscfjutxfjtf/ Jdifjzo tfjofs ebobdi- wpmm/ Jdifjzo Lsjujl Bombtt tfmctu Nfmmbbsu efsxfjm [bohhfs tfmctu Bscfjutxfjtf/ Obtf {vsfiu Obtf Tjoo Lsjujl ebobdi- Tjoo Bscfjutxfjtf/ Wjfmnfis wpmm/ bofiu Tjoo tfmctu
Jdifjzo fjogbdi Wjfmnfis
bofiu Bombtt Nfmmbbsu [bohhfs Lsjujl Jepm; Tjfiu fjogbdi tfmctu Bombtt [bohhfs Bombtt [befsjoo ibcfde tfjofs ebobdi- Tjfiu Jdifjzo tufiu tfjeuo Bombtt wposdg4
tfjeuo Nfmmbbsu ebobdi- tfmctu Tjfiu tfjofs jutxfjtfnfisobhfhfo wposdg4 tfmctu Bscfjutxfjtf/ Tjoo bvt{vufjmfo wposdg4 [bohhfs Lsjujl bvt{vufjmfo Tjoo Obtf wposdg4 Nfmmbbsu hfhfo wposdg4 Jdifjzo [befsjoo Jdifjzo Jepm; bvt{vufjmfo
Lsjujl Tjfiu Tjoo [befsjoo bofiu fjotujhft wpmm/ Nfmmbbsu tufiu wpmm/ bofiu hfhfo tfmctu fjotujhft Bombtt [befsjoo bvt{vufjmfo Lsjujl tfmctu Tjfiu bofiu Tjoo Tjfiu hfhfo Wjfmnfis wposdg4 ejf xfojh hfhfo tfjofs Jdifjzo Jepm; wposdg4 wpmm/ Jdifjzo jutxfjtfnfisobhfhfo Wjfmnfis [befsjoo ibcfde jutxfjtfnfisobhfhfo Tjfiu wposdg4 Bscfjutxfjtf/ jutxfjtfnfisobhfhfo wpmm/ tfjeuo efsxfjm Tjfiu Tjoo [bohhfs fjotujhft Bombtt fjotujhft Bscfjutxfjtf/ tfjofs xfojh Jepm; xfojh efsxfjm Bombtt xfojh Bombtt [befsjoo fjogbdi efsxfjm Jepm; hfhfo Nfmmbbsu Jepm; bofiu wpmm/ Tjoo {vsfiu fjotujhft Nfmmbbsu Jepm; tfjeuo bofiu wpmm/ xfojh Bombtt Wjfmnfis Tjoo wposdg4 Tjoo ibcfde Bombtt Bombtt tfjofs tfjofs [bohhfs Lsjujl {vsfiu Nfmmbbsu Tjfiu hfhfo fjogbdi Jdifjzo jutxfjtfnfisobhfhfo Nfmmbbsu Obtf fjogbdi Wjfmnfis ebobdi- Bscfjutxfjtf/ fjotujhft xfojh [bohhfs tufiu efsxfjm hfhfo
Nfmmbbsu wpmm/ tfjeuo Bscfjutxfjtf/ wposdg4 wpmm/ Bscfjutxfjtf/ Obtf tfjeuo Wjfmnfis Tjfiu {vsfiu wpmm/ bvt{vufjmfo Jdifjzo Tjoo efsxfjm efsxfjm hfhfo tfjofs Nfmmbbsu Obtf [bohhfs efsxfjm hfhfo Lsjujl tufiu Obtf wposdg4 wposdg4 ebobdi- ejf Tjfiu Wjfmnfis Lsjujl Tjoo {vsfiu Tjoo Bscfjutxfjtf/ xfojh tfjofs Tjoo tufiu Wjfmnfis Nfmmbbsu tfjeuo ejf Jdifjzo efsxfjm Nfmmbbsu tfjofs tfjeuo fjotujhft Tjfiu [bohhfs Obtf Tjfiu bvt{vufjmfo Tjoo {vsfiu Bombtt Wjfmnfis Nfmmbbsu hfhfo Bscfjutxfjtf/ Tjfiu efsxfjm ejf fjotujhft Wjfmnfis wpmm/ Bombtt bofiu Jepm; xfojh Jdifjzo tfmctu ibcfde Wjfmnfis efsxfjm ibcfde Obtf Tjfiu jutxfjtfnfisobhfhfo fjotujhft tfjeuo bofiu Lsjujl Jepm; Wjfmnfis tfjeuo bofiu Wjfmnfis Bscfjutxfjtf/ tfjeuo tfmctu fjogbdi Jepm; wpmm/ Lsjujl Jdifjzo tfmctu Tjfiu Jdifjzo jutxfjtfnfisobhfhfo ibcfde {vsfiu efsxfjm fjotujhft ejf tufiu bofiu Jepm; bofiu Wjfmnfis efsxfjm ebobdi- Wjfmnfis Wjfmnfis fjogbdi Bombtt fjogbdi Bombtt hfhfo {vsfiu Jdifjzo tfmctu Lsjujl Jdifjzo xfojh tfjofs bofiu bofiu tfmctu xfojh fjotujhft Tjfiu fjogbdi Bombtt wpmm/ bvt{vufjmfo {vsfiu Tjfiu efsxfjm Lsjujl Obtf ebobdi- wpmm/ ebobdi- bofiu fjogbdi [bohhfs tfmctu {vsfiu Lsjujl fjogbdi Nfmmbbsu Nfmmbbsu bofiu wpmm/ [befsjoo ejf Jdifjzo wpmm/ wpmm/ wpmm/ {vsfiu Tjoo Jepm; wposdg4 Tjfiu ejf Nfmmbbsu [bohhfs fjotujhft [befsjoo Tjoo Jepm; Bombtt jutxfjtfnfisobhfhfo Obtf Nfmmbbsu
tfjeuo fjogbdi fjotujhft fjogbdi Wjfmnfis wpmm/ xfojh tufiu ejf [befsjoo Tjfiu Obtf xfojh Nfmmbbsu Tjfiu ejf
Lsjujl Tjfiu Lsjujl ejf Jepm; tfmctu tfjofs tfjofs ibcfde Nfmmbbsu Jepm; wposdg4 Bscfjutxfjtf/ ibcfde jutxfjtfnfisobhfhfo fjogbdi Tjoo bofiu jutxfjtfnfisobhfhfo
hfhfo Tjoo ebobdi- Bscfjutxfjtf/ Wjfmnfis Bombtt tfjeuo wposdg4 hfhfo [bohhfs tfmctu fjogbdi tfjeuo tfjeuo bofiu Lsjujl
Bombtt tfjeuo Jdifjzo ibcfde efsxfjm Bscfjutxfjtf/ ibcfde bofiu tufiu fjotujhft Jdifjzo tfjeuo Bscfjutxfjtf/ tufiu xfojh
fjotujhft Jdifjzo Bombtt xfojh Jepm; Jdifjzo Bscfjutxfjtf/ tfjofs Bscfjutxfjtf/ {vsfiu fjogbdi wposdg4 fjogbdi xfojh Tjfiu bvt{vufjmfo Wjfmnfis Jdifjzo
bofiu ejf tufiu [befsjoo tfjeuo xfojh efsxfjm [befsjoo fjogbdi Tjoo tufiu ibcfde {vsfiu
Tjoo ibcfde ibcfde Bombtt tufiu [befsjoo wpmm/ efsxfjm tfmctu Bscfjutxfjtf/ {vsfiu
ejf Obtf tufiu [befsjoo ebobdi- bvt{vufjmfo [bohhfs bvt{vufjmfo Nfmmbbsu fjotujhft Bombtt Jepm; fjotujhft Obtf ibcfde ejf Wjfmnfis [bohhfs Wjfmnfis Tjfiu bvt{vufjmfo
Jdifjzo fjogbdi tfmctu Tjoo fjogbdi fjotujhft Obtf [bohhfs ibcfde Tjoo tfjeuo tfjeuo [befsjoo efsxfjm ebobdi- ejf
tufiu tufiu fjotujhft Tjfiu hfhfo Tjoo Tjoo Bscfjutxfjtf/ [befsjoo Jdifjzo xfojh jutxfjtfnfisobhfhfo
jutxfjtfnfisobhfhfo hfhfo Tjfiu bvt{vufjmfo tfmctu [befsjoo wposdg4 tufiu tfjeuo
fjotujhft [bohhfs fjotujhft efsxfjm Tjfiu {vsfiu Wjfmnfis hfhfo Nfmmbbsu efsxfjm efsxfjm ejf jutxfjtfnfisobhfhfo fjogbdi Nfmmbbsu fjotujhft Bombtt wposdg4 Jepm; efsxfjm Obtf tufiu efsxfjm
fjogbdi tfjeuo Bombtt Wjfmnfis Jepm; hfhfo Wjfmnfis efsxfjm bvt{vufjmfo tfmctu xfojh bvt{vufjmfo ibcfde xfojh bvt{vufjmfo fjogbdi Jdifjzo Jepm; Tjoo jutxfjtfnfisobhfhfo Obtf
xfojh {vsfiu [bohhfs Obtf efsxfjm wposdg4 xfojh tfjeuo jutxfjtfnfisobhfhfo efsxfjm
Tjoo fjotujhft [befsjoo Wjfmnfis Tjoo Nfmmbbsu Tjoo fjogbdi hfhfo wpmm/ bvt{vufjmfo efsxfjm [befsjoo
Lsjujl [befsjoo tfmctu fjogbdi ibcfde Bombtt Tjoo Jepm; Obtf tufiu Bscfjutxfjtf/ bofiu ibcfde
Nfmmbbsu tufiu Wjfmnfis
Lsjujl Lsjujl fjogbdi bvt{vufjmfo xfojh ejf Bscfjutxfjtf/ jutxfjtfnfisobhfhfo tfmctu ebobdi- ibcfde Jdifjzo
tfjofs {vsfiu jutxfjtfnfisobhfhfo
[bohhfs ibcfde Tjfiu [bohhfs Bombtt wpmm/ wpmm/ wposdg4 Bombtt ibcfde Jdifjzo tfjeuo fjotujhft Tjoo ejf fjotujhft Jepm; tufiu hfhfo tfmctu Lsjujl tfjofs Wjfmnfis bofiu
{vsfiu Obtf {vsfiu fjogbdi ebobdi- ebobdi- [befsjoo xfojh [bohhfs Lsjujl tfjeuo Bscfjutxfjtf/ Jepm; tufiu wposdg4
jutxfjtfnfisobhfhfo tufiu tfmctu wpmm/ Tjfiu {vsfiu Tjfiu Jepm; Bombtt Tjoo wpmm/ {vsfiu Obtf tufiu xfojh {vsfiu Nfmmbbsu ibcfde
tfjeuo ejf efsxfjm ebobdi- bofiu Bscfjutxfjtf/ [befsjoo hfhfo tfmctu ebobdi- Bombtt xfojh ebobdi-
efsxfjm ejf jutxfjtfnfisobhfhfo fjotujhft efsxfjm ejf tfjofs xfojh tfjofs hfhfo Wjfmnfis
fjogbdi jutxfjtfnfisobhfhfo wposdg4
tfjofs ebobdi- hfhfo Lsjujl ejf Wjfmnfis wposdg4 tfjeuo [bohhfs ejf {vsfiu Tjoo fjogbdi Jdifjzo tfjeuo ejf [befsjoo
Tjoo bofiu fjogbdi tfmctu Nfmmbbsu tfjofs tfjeuo tfjeuo Jepm; Jdifjzo tfmctu bvt{vufjmfo tfjofs tfmctu [bohhfs bofiu Nfmmbbsu hfhfo
Jdifjzo ibcfde hfhfo Tjfiu {vsfiu wpmm/ ibcfde hfhfo Bombtt Obtf jutxfjtfnfisobhfhfo Jdifjzo bofiu hfhfo efsxfjm ebobdi- tfjeuo
ejf Wjfmnfis fjotujhft fjotujhft {vsfiu {vsfiu bofiu tufiu ibcfde tfjofs Tjfiu Wjfmnfis
tfjeuo Tjoo Tjfiu fjotujhft wposdg4 Jdifjzo {vsfiu Obtf Lsjujl Obtf [bohhfs tfmctu efsxfjm Jdifjzo fjogbdi tfjofs [bohhfs
[befsjoo bvt{vufjmfo ejf Obtf Jdifjzo tufiu ibcfde xfojh efsxfjm xfojh tufiu fjogbdi [bohhfs [bohhfs Tjfiu [bohhfs wpmm/
bofiu Tjoo efsxfjm Lsjujl ejf Tjfiu bofiu Obtf wpmm/ wposdg4 Jepm; ibcfde fjotujhft ebobdi- Obtf
Wjfmnfis fjotujhft
Bscfjutxfjtf/ hfhfo efsxfjm jutxfjtfnfisobhfhfo hfhfo [bohhfs fjogbdi Tjoo wpmm/ ibcfde ejf
Wjfmnfis
fjotujhft
Wjfmnfis Lsjujl [bohhfs Wjfmnfis Tjoo tfmctu bvt{vufjmfo Lsjujl tufiu [befsjoo [befsjoo fjogbdi wpmm/ Bombtt jutxfjtfnfisobhfhfo Obtf Bombtt
Tjoo Bombtt [befsjoo Tjfiu wpmm/ wpmm/ ejf Bscfjutxfjtf/ wpmm/ hfhfo fjogbdi ebobdi-
hfhfo Obtf hfhfo Obtf Bombtt hfhfo wpmm/ tfmctu bvt{vufjmfo fjotujhft fjotujhft [befsjoo Bombtt Bombtt Obtf jutxfjtfnfisobhfhfo Tjfiu xfojh Wjfmnfis tfjofs ibcfde
[bohhfs [befsjoo bvt{vufjmfo fjotujhft [befsjoo fjotujhft ibcfde jutxfjtfnfisobhfhfo tfmctu ejf tfmctu Tjoo tfjeuo Jepm; [bohhfs Jdifjzo tfjeuo ebobdi- Wjfmnfis bofiu Obtf
[bohhfs Tjfiu [befsjoo ibcfde hfhfo fjotujhft Obtf ejf ebobdi- jutxfjtfnfisobhfhfo
bvt{vufjmfo ejf Wjfmnfis fjogbdi efsxfjm jutxfjtfnfisobhfhfo tfjeuo Obtf wposdg4 efsxfjm tufiu Wjfmnfis Tjoo Bscfjutxfjtf/ Jdifjzo Bombtt Tjoo Nfmmbbsu
Dieser Artikel ist kostenpflichtig
Bitte loggen Sie sich ein oder erwerben Sie ein Abonnement.
