We only create the inflation. We’re clueless when it comes to knowing how to stop it.
Anybody out there have any ideas?
German government tasks experts with proposing inflation-busting ideas – he German government will establish a committee of experts and task them with coming up with policy proposals to combat the soaring cost of heating and gas, Chancellor Olaf Scholz said on Thursday.
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.
Only without the allies flying everything in. What could possibly go wrong?
Scholz channels Berlin Airlift spirit to gird Germans for winter – Chancellor Olaf Scholz invoked the spirit of the Berlin Airlift on Tuesday to implore Germans that “the seemingly impossible can succeed”, urging them to brace for a tough winter and to rise to the challenge of a shift in energy supply away from Russian gas.
He spoke to business leaders at Tempelhof Airport, which was the focal point of the Airlift between 1948 and 1949, when Western forces flew hundreds of thousands of tonnes of supplies into divided Berlin after the Soviets blocked rail and street access to the city’s Western-occupied sectors.
Unable to even meet their NATO commitments now, the Germans feel the time has come to play an even greater role militarily.
Defense minister Christine Lambrecht said Germans had got used to seeing the nation’s military as just a kind of disaster relief agency, but “those times are over.”
Now the disaster will become more proactive or something? It’s always a joy to watch. Germans pretending that Germans would ever use their military to defend themselves, much less anyone else. The Bundeswehr‘s sole purpose is to be the alibi army; the excuse for Germany’s monsterous and highly profitable weapons industry. No one here takes this woman’s comments seriously.
But he can’t keep the lights AND the heat on at the same time. Time to set your priorities, people.
Can Germany’s economy minister keep the lights on this winter?
Memories of postwar squalor revived by Vladimir Putin’s shutting down of Nord Stream 1 pipeline.
“How exciting a night-time power cut can be!”
Before it gets rescued for good, I mean.
It gets rescued regularly every few years (Waldsterben, acid rain, bark beetles, etc.) and it’s really starting to get tedious, you know?
How to rescue the German forest – Climate change and drought are threatening the existence of Germany’s forests, which are at the very core of the country’s sociocultural identity. But the most famous forest ranger says there is hope.
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.”
This means “staircase wit,” or a story with peculiar irony.
Like the latest German Green Treppenwitz: When two nuclear power plants are allowed to continue running but not allowed to produce electricity.
Germany to keep two nuclear plants available as a backup and burn coal as it faces an energy crisis brought on by war and climate change – The German government announced its plans to keep the Isar 2 and Neckarwestheim nuclear power plants, both of which are located in the southern part of the country, on a kind of backup status, available only if the country has no other option.
Observing Hermann 