Are always more fun!
Give me a break, people. Look, I’m burning this money as fast as I can!
German minister call for more funds for companies as debt debate intensifies – The German economy minister (Greens) on Thursday called for more government funds to support companies as a debate intensifies on whether Berlin should suspend its debt brake next year.
That means tax revenues.
How’s it go again? The bigger they are, the harder their tax revenues fall? Jeepers. I wonder why tax revenues would be falling in Germany these days. It’s not like businesses are only just beginning to go bankrupt thanks to Germany’s dependency on Russian gas, Green utopian make-believe, skyrocketing energy costs and the resulting crazy inflation. It must be something else.
German tax revenues fall in August for first time this year – Federal and state government tax revenues fell in Europe’s biggest economy during August for the first time this year, the finance ministry said on Thursday.
That means red alert.
Red alert for the German economy. After months of speculation, it is now official: Russia is turning off the gas tap on the Nord Stream 1 pipeline indefinitely. Germany is facing difficult times. Not only a cold winter is looming, but an industrial ice age.
German economy to shrink all winter as gas taps are turned off, Bundesbank says – The German economy is contracting already and will likely get worse over the winter months as gas consumption is cut or rationed, the country’s central bank said on Monday.
That means nationalization.
Sound familiar? Ever more “We’re from the government, and we’re here to help” from the people who created the problem in the first place.
Gas importer Uniper in nationalisation talks with German government – Terms under discussion include increasing state’s holding to 50% as pressure on supplies continues.
The German state took a 30% stake in the group in a rescue package in July, amounting to about €15bn. Credit lines were further extended by about €4bn last month but the situation has worsened since Russia severed gas supplies to Germany via the Nord Stream 1 pipeline, forcing Uniper to find alternatives.
Why on earth for? It worked great with Russia.
German economy ministry reviews measures to curb China business – Germany’s economy ministry is considering a raft of measures to make business with China less attractive as it seeks to reduce its dependency on Asia’s economic superpower, two people familiar with the matter told Reuters.
The measures could include reducing or even scrapping investment and export guarantees for China and no longer promoting trade fairs and manager training there, those people said. Loans from state lender KfW could be re-directed to projects in other Asian countries, such as Indonesia, in line with attempts to diversify trade and increase business with democracies.
Otherwise they wouldn’t be going broke like that.
Get with the plan and get back to nature already. Let them eat green cake or something.
German economy minister under fire as German companies sound alarm on energy prices – German Economy Minister Robert Habeck faced a backlash on Wednesday for saying he could imagine parts of the economy stopping production due to rising energy prices that German firms say are threatening their existence.
Asked whether he expected a wave of insolvencies at the end of this winter due to companies’ rising energy bills, Habeck said “No, I don’t. I can imagine that certain industries will simply stop producing for the time being.”
German government policy has led to the cold (the energy “turnaround,” dependency on Russian gas, etc.) and the German people have been left out in the cold (inflation).
Germans revive Cold War Monday demonstrations amid inflation – Protesters from Germany’s left and the right have called for regular Monday protests against the rising cost of living. These evoke the peaceful revolution in East Germany but also of recent anti-immigrant rallies.
Parties on both the left and right of the political spectrum in Germany have announced a “hot autumn” with regular Monday demonstrations.
That means it doesn’t matter what my German voters think.
We know what’s best for you. Sheeple. Just shut up and go with the plan already. Like you did with the Covid madness, for instance. You did that really well. And Merkel’s Migrant Madness, of course. Good job. So what’s with this hysteria about the currrent Green energy turnaround with built-in Russian gas dependency? It’ll work out. Just give us some more time. Who is in a better position to fix this problem? We created it, after all. Just trust us and do what you’re told. We’ll get back to you if we have any questions. Not.
According to the foreign minister (Annalena Baerbock, Greens), sanctions against Russia will not be lifted even if there are protests over high energy prices.
That means bitter reality. You know, like the bitter reality others have been warning Germans about for many years now?
German economy minister says ‘bitter reality’ is Russia will not resume gas supply – Germany faces the “bitter reality” that Russia will not restore gas supplies to the country, the German economy minister said on Monday, ahead of planned halt by state energy giant Gazprom (GAZP.MM) of exports to Europe via the Nord Stream 1 pipeline.
“It won’t come back … It is the bitter reality,” Robert Habeck said in a panel with European Commission President Ursula von der Leyen.
That means firewood. Oh, how Green hearts are filling with warmth these days. Firewood warmth. Their policies are finally forcing, I mean convincing their compatriots to get back to Nature with a capital N!
Germans are looking to firewood for energy as natural gas prices soar – Skyrocketing prices for natural gas have Europeans scrambling for alternative energy sources. In Germany, where households face a 480 euro rise in their gas bills, people are resorting to stockpiling firewood.
Observing Hermann 