Trump Still Really Evil But…

German Carmakers Jump on Potential U.S.-China Tariff Truce. This is how Germany works, folks.

BMW

BMW AG rallied the most in more than three years after U.S. President Donald Trump said China had agreed to remove painful tariffs on imported American-made cars shipped to the world’s biggest automotive market. Daimler AG and Volkswagen AG also rose sharply.

BMW and Daimler, which export sport utility vehicles from U.S. plants to China, stand to be the biggest gainers from a potential reduction of tariffs. Six of the ten best-selling U.S. auto imports to China are made by the two German luxury auto manufacturers.

Autobosse treffen Trump Kurse von BMW, VW und Daimler schnellen in die Höhe.

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German Of The Day: Preiserhöhung

That means price rise. For German electricity bills, in this case. Another big one on the way. Wonder why?

Energy

Keen to drastically reduce greenhouse gas emissions and transform its energy sector, German leaders adopted a vast program called Energiewende eight years ago and the country prides itself on setting the pace for change in the European Union…

But earlier this year, officials admitted the country will not hit the 2020 goal, saying it would reach 32 percent at best (40 percent was the goal).

Greenhouse gas emissions in Germany have not decreased for the last nine years and emissions from the transportation sector have not fallen since 1990. In fact, the United States has reduced carbon emissions more than Germany, in both real and nominal terms…

The growing pains have led to higher prices, largely shouldered by residential power customers.

Between 2015 and 2017, Germany inched ahead of Denmark for the highest electricity prices for household customers (35 cents per kilowatt-hour, in U.S. currency), according to the statistical office of the European Union.

Viele deutsche Haushalte müssen im kommenden Jahr deutlich mehr für Strom bezahlen. Berechnungen von Online-Vergleichsportalen zeigen, dass die Preise in der Grundversorgung um durchschnittlich vier bis fünf Prozent steigen werden.

Artificially Intelligent, Maybe

But is it smart?

Technical progress by decree?

AI

Germany is often criticized for sluggish levels of digital investment, particularly in AI. The government wants to invest €3 billion before 2025 to try and close the knowledge gap with world leaders in the field.

Germans are smart, of course, but they can’t even spell AI properly. They call it KI. Ridiculous. And when you look at the amount being invested, well, maybe they’re not all that good at math anymore, either.

“This amount is much less than companies, such as Microsoft or Google, invest in AI in a single year. So people should not think that Germany will suddenly become a world leader in the field, able to compete with the US and China.”

SPD Ready To Abolish The One Reform They Accidentally Did Right

It took them fifteen years to sink this low but better late than never, I guess.

Nahles

The SPD, clutching for any straw it can still find before going under completely, is now prepared to do away with the infamous Hartz IV reform introduced by the SPD-lead government under Gerhard Schroeder in 2003. Never popular because it made major demands upon the unemployed, it nevertheless brought a considerable reduction in short- and long-term unemployment and contributed to making Germany the employment powerhouse it is in Europe today. Back to the future. As in living in the past.

AUSGERECHNET IHR GRÖSSTES ERFOLGSPROJEKT – SPD will Hartz IV abschaffen!

Your Tax Euros In Action

You know the drill. These studies are routinely published (in this case by the German Federation of Taxpayers) demonstrating how tax money is burned by the government.

U-Boot

There were some real beauties in this report, too. But my personal favorite is the Case of the Squandered Submarines. The German navy has these six way cool new fuel cell driven submarines that set the German taxpayer back three billion euros. The only problem here is that none of them are currently operational and have spent most of their time dry-docked. Additionally, there are only three submarine commanders available to command these vessels. One of these subs has only been deployed once – in thirteen years. Wow. With a navy like this who needs an enemy?

And I’m sure the next tax increase is already in the works.

Die sechs U-Boote der deutschen Marine mit Brennstoffzellenantrieb gehören zum Modernsten, was die Nato in diesem Bereich zu bieten hat. Drei Milliarden Euro kosteten sie. Das Problem: Laut Schwarzbuch ist keines dieser U-Boote derzeit tatsächlich einsatzbereit.

We Will Hold Germany Ransom For… One Million Dollars!

I mean one TRILLION dollars, of course. No, I mean euros.

EU BOMBSHELL: Poland and Greece demand €1TRILLION from Germany for Nazi WW2 payback.

PRESSURE is growing on Germany to cough up over a trillion euros to European countries for the damage caused by Adolf Hitler’s Nazis during World War 2.

“Right, people you have to tell me these things, okay? I’ve been frozen for thirty years, okay? Throw me a frickin’ bone here! I’m the boss! Need the info.”

The Nerve

After all Germany has done for Iraq.

Siemens

Germany’s main industry federation said U.S. pressure to quash Siemens AG’s $15 billion power-plant deal with Iraq is unacceptable and shows how President Donald Trump’s “America First” stance is corroding business decisions.

Iraq signed a memorandum of understanding with General Electric Co. on Oct. 15 after U.S. officials warned Prime Minister Haider al-Abadi that U.S.-Iraqi relations would be at risk if his government accepted the deal with Siemens, Bloomberg reported.

Hey. All’s fair in love and business (Siemens is fighting back).

“To implement the America First doctrine in this way in the global competition of multinational companies is not acceptable.”

German Of The Day: Korruption

That means corruption. It’s a foreign word here, though.

Audi

Unless, of course, you’re talking about VW, Daimler, BMW, Audi

Now it’s out that Audi tampered with the chassis numbers of their test vehicles to hamper the emissions scandal investigation going on in Korea. And it looks like this was all directed from Germany.

Please note: The next time Germans get morally outraged about the next big moral outrage in US-Amerika – and it won’t be long – remember that absolutely nobody here in Germany pays the slightest attention to any of this dieselgate made in Germany crime and corruption stuff. They’re all serfs owned by the German automobile industry.

Audi hat jahrelang Fahrgestellnummern von Testautos gefälscht und so die Aufklärung des Abgasskandals in Korea behindert. Die Vorgänge wurden offenbar von Deutschland aus gesteuert.

 

Germans Threaten Americans With Non-Negotiable Friendship

In a sly move calculated to add more leverage to the German position in the on-going trade war troubles with Washington, German Foreign Minister Heiko Maas is now headed there for talks in which he will openly threaten US-Amerikans with “non-negotiable” friendship should they not budge on their demands.

Friendship

Officially there to open the Year of German American Friendship, Maas made no secret about Germany’s intentions. He warned, “Our goal is not to just maintain the relationship we have with the United States but rather improve it.” Adding, “It (the Year of German American Friendship) is designed so that people learn more about Germany than any normal American person could ever possibly want to learn and, what is more, this will be done in an annoyingly friendly and courteous manner for, like, well, a whole year or something. Unless, of course, you lighten up with this tariff bullshit already. Here, let me shake your hand again.”

“Things that used to be taken for granted are no longer that way, they must be worked on.”

Germans Feeling Gloomy?

Wow. We’ve never had that one before.

Gloomy

The German economy is booming. Unemployment is at a near-record low. In Europe and around the world, the country is seen as a beacon of wealth and efficiency.

So what’s so mysterious about their gloom? This is Germany. Duh. How could Germans not get gloomy about a situation like that?

But maybe, just maybe, with a little luck things will start to crap out here before too long and everybody can start cheering up again.

Es war einmal ein starkes Land.