Monthly Archives: July 2020
Zero-Sum Red Alert: Number Of German Millionaires Rising!
Germany is not only 1) a society based on envy, 2) Germans think that anyone else’s gain is automatically someone else’s loss and 3) they expect the wealthy to be punished for being wealthy. If they failed to be punished, then that would only encourage others to become wealthy too.
World Wealth Report: Germany’s dollar millionaires on the rise – The number of Germany’s dollar millionaires rose by 100,000 in 2019, according to the World Wealth Report. The US had the biggest upturn, although the coronavirus crisis could change the upward trend.
PS: A new groundbreaking study published in the American Psychological Association Journal Emotion has just discovered that, on average, the more income someone makes, the happier they are.
The Decline and Fall of the German Empire
The German Automobile Empire.
Could 400,000 car industry jobs in Germany be lost? – The car industry is in apparent decline in Germany. Some estimates predict that half its 800,000 jobs will be gone by 2030. The industry disagrees with that estimate, but the road ahead looks bumpy.
“The production of electric vehicles can be automated more easily. If there is no improvement in the competitive position of the German industry in the area of electromobility in the next few years, and if the need for imports of battery cells and electric vehicles continues to grow in light of the launch of electromobility, employment structures will be severely hit.”
German Of The Day: Mohr
That means Moor. As in Moor wacky BLM bullshit.
Moors were “the Muslim inhabitants of the Maghreb, the Iberian Peninsula, Sicily, and Malta during the Middle Ages. The Moors initially were the indigenous Maghrebine Berbers. The name was later also applied to Arabs.”
They were also black. You know, dark-skinned people? Or at least that is what the word Mohr is associated with in German. This, of course, has now led to a great big giant world-shaking problem in Berlin. Yawn.
What’s in a name? Berlin wrestles with past in metro station row – Transit authority to rename slavery-linked Mohrenstrasse after AN ANTISEMITIC RUSSIAN COMPOSER.
Get it? Me neither.
Some historians dispute the street name’s origins and argue the word Mohr is merely old-fashioned rather than derogatory.
Clothes Pins May Also Be Introduced
If you can’t figure out how to wear your face masks properly.
Berlin hopes especially pungent body odor will force people to wear masks – If the risk of contracting the coronavirus isn’t enough to make you wear a mask properly, then someone else’s pungent body odor will surely suffice.
Public transportation officials in Berlin issued a cheeky recommendation for riders last week to stop wearing deodorant, and let their natural odors waft through the shared air, so others can have their masks fully cover their mouths and noses.
“Given that so many people think they can wear their masks under their noses, we’re getting tough.”
The Regulator Failed?
Well, then let’s give the regulator more money and personnel.
To ensure that they keep on failing in the future? Government in action, folks. If it’s not too big to fail it’s too much of a failure to fail, I guess.
Germany to overhaul regulator after Wirecard scandal – Germany’s finance minister wants to beef up the nation’s financial regulator in the wake of the Wirecard scandal. The finance watchdog admitted its ineffectiveness in preventing the auditing disaster.
“If we come to the conclusion that BaFin needs more money, more jobs and more competency, I will make every effort to ensure that this happens.”
Just Say No
No, not no to drugs. Just say no to energy. Electricity was yesterday.
No nuclear energy, no coal energy. Not much sun either for solar energy. There’s lots of wind in Germany, though. Hot air mostly but still.
Germany is first major economy to phase out coal and nuclear – German lawmakers have finalized the country’s long-awaited phase-out of coal as an energy source, backing a plan that environmental groups say isn’t ambitious enough and free marketeers criticize as a waste of taxpayers’ money.
Bills approved by both houses of parliament Friday envision shutting down the last coal-fired power plant by 2038 and spending some 40 billion euros ($45 billion) to help affected regions cope with the transition.
The plan is part of Germany’s ‘energy transition’ – an effort to wean Europe’s biggest economy off planet-warming fossil fuels and generate all of the country’s considerable energy needs from renewable sources. Achieving that goal is made harder than in comparable countries such as France and Britain because of Germany’s existing commitment to also phase out nuclear power by the end of 2022.
Ulrike F.
You’ll Be Pleading A Long Time, Joshua
And then all you’ll get will be some pious platitudes.
China can do no wrong in German eyes – with all those dollar/euro signs in there.
Hong Kong activist Joshua Wong pleads for Germany’s support – Hong Kong pro-democracy activist Joshua Wong has called on Germany to intervene over a controversial new security law imposed by China. Police arrested hundreds after the law went into effect earlier this week.
“I ask the German government: Look at what is happening in Hong Kong and call it by its name.”
Gazprom Gerd For Painful Counter-Reactions
He didn’t say who these counter-reactions were going to be most painful too, however.
Nord Stream 2, folks. It’s getting ugly. The ex-chancellor’s reaction is quite understandable, however. Considering who he works for.
German government officials, MPs and experts have criticised U.S. plans to tighten sanctions on the contentious natural gas pipeline project Nord Stream 2 (NS2) currently under construction in the Baltic Sea as an encroachment on EU sovereignty in a parliamentary hearing. Former German chancellor Gerhard Schröder, who has close ties to the Russian government and chairs Nord Stream 2’s board of directors, said there is no doubt that the U.S. attempt to “dictate the sovereign community of states such as the EU what to do” must be rejected. He said that diplomatic possibilities must be exploited, “but this will not work without counter sanctions”, without giving details. Schröder said natural gas would be needed as a bridging technology in Germany’s energy system for a very long time.
But the former chancellor’s comments were met with criticism. His presence as a “badly informed Russian gas lobbyist is a disgrace for the highest government office”, said Alexander Reitzenstein, senior policy advisor at think tank E3G.
Observing Hermann 