Scholz’s Dream of Climate Revolution to Revive Germany Is Dying – Chancellor’s ambition for economic miracle is floundering.
Coalition is reeling from months of infighting over green plan…
Another big brake on growth and investment is energy costs. Although lower than last year’s records, gas and power prices are still between two to three times the level compared with before the war in Ukraine.
Too much migratory pressure? Germans can’t get enough of it. If you believe Germany is going to “supend migrant intake,” I’ve got some prime Florida swamp land I can sell you at a real bargain.
Germany suspends migrant intake from Italy – The voluntary agreement aimed to ease the burden on the southern EU border country. Germany’s interior ministry has now paused it due to “high migratory pressure.”
They may beat them in footbal (2-1 last night, without a manager) but…
German economic weakness belies France’s outperformance – Germany’s economic weakness is casting a flattering light on France’s relative resilience that belies the otherwise middling performance of the euro zone’s second-biggest economy, economists say…
Germany’s manufacturing-focused economy is struggling to adapt to being cutoff from cheap Russian gas and the rise of the electric vehicle, said Charles-Henri Colombier with the Rexecode economics think tank in Paris.
Germany’s gas-hungry chemical industry has seen production fall 18% from 2019 levels while in France it is only 8%, Colombier said. Meanwhile, German motor vehicle production is down 26% and only 6% in France.
Too bad we’re destroying ourselves in the process.
Strike one: Germany’s nuclear phase-out. Strike two: Its self-inflicted energy dependency on Russia. Strike three: Still believing that renewable energy can run an industrialized country.
Green energy prices are killing German industry right before our very eyes.
Germany predicted to be the only major European economy to contract this year as recession lingers – The German economy has struggled in the wake of Russia’s invasion of Ukraine, with Berlin having to, very quickly, end years of energy dependency on the Kremlin. The International Monetary Fund said in July that Germany would likely contract by 0.3% this year.
Falling industrial output for three straight months ain’t no big deal, says German Green Vice Chancellor Robert Habeck. And “not everything is bad,” he added. Wow. That’s actually unbridled optimism for a Green.
Habeck defends German economy as output drops – Vice Chancellor Robert Habeck said Germany remains a “highly attractive location” for investors. But the statistics agency said industrial output fell for a third straight month, and that wasn’t the only negative news.
It was your willing dependency on it. And your systematic shutdown of reliable energy sources at home.
Green ideology got you here. Now sit back and enjoy it. And remember: You’re setting an example for the rest of the world.
Energy fears spur German industrials to seek investments abroad – Annual business survey finds concern over country’s future without Russian gas.
Nearly a third of German industrial companies are planning to boost production abroad rather than at home amid increasing concern over the country’s future without Russian gas, according to a closely watched annual survey.
The annual “Energy Transition Barometer” by the German Chamber of Commerce and Industry (DIHK) found that 32 per cent of companies surveyed favoured investment abroad over domestic expansion. The figure was double the 16 per cent in last year’s survey.
Step two: Once rent prices explode due to step one, introduce a rent freeze to end the few meager building projects still in operation.
Go Social Democracy!
Germany’s ruling party plans to curb rent increases – SPD set to unveil measures to tackle soaring costs facing tenants, says senior lawmaker.
Germany’s ruling Social Democratic party is set to propose a three-year rent break across the country, as tenants struggle to cope with the soaring cost of housing in Europe’s largest economy.
“We need to create breathing room — we need a rent freeze for the next three years,” senior SPD lawmaker Verena Hubertz told Bild am Sonntag, adding that Chancellor Olaf Scholz would outline measures on Monday to tackle the country’s cost of living crisis.
That’s no Wolfsmensch (wolfman). That’s the German Green’s Minister for Sustainable Agriculture (see him collecting those nuts and berries there?).
But why isn’t he in Berlin? Doing his freakin’ job there? What the hell is he doing in the Harz Mountains? Another government boondoggle, no doubt.
Mysterious naked ‘wolfman’ spotted in Germany’s Harz mountains – A terrifying image of a strange naked “wolf man,” who authorities think has lived in the woods for at least five years, was taken on Tuesday by hikers in Germany’s Harz Mountains.
This is an assurance that another’s obligation will be fulfilled, or something presented as such security; guaranty. In this case, they mean with taxpayer money.
And the guarantee is that the Germany economy is guaranteed to fall flat on its face if the German government continues its odd obsession with remaining dependent on China as a business partner. It’s recent dependency on Russan gas was just that much fun, I guess.
German guarantees for China investments plummet -document.
The volume of investment guarantees provided by the German government to companies investing in China has collapsed this year, a government document showed, highlighting the impact of Berlin’s efforts to end over-reliance on the country.
Only 51.9 million euros ($56.26 million) in guarantees have been issued so far this year, according to the document seen by Reuters, less than a tenth of the 745.9 million euros in guarantees issued over the whole of last year.