German Of The Day: “Schwelle zur Rezession”

That means cusp of recession, as in being on it.

Germany on cusp of recession, says ifo, after business sentiment falls – German business morale fell more than expected in July as high energy prices and impending gas shortages push Europe’s largest economy to the cusp of recession, a survey showed on Monday.

The Ifo institute said its business climax index was 88.6, its lowest level in more than two years. June had also seen an unexpected drop to a downwardly revised reading of 92.2.

Germany Also Wants Unicorns, Candy Hearts And Free Beer For All

Germany wants clean, reliable energy. But first, to survive winter…

Germany is largely dependent on Russian energy, with half its natural gas and a third of its oil coming from that country. There’s currently no other way to quickly secure Europe’s supply of energy for heating, transportation, and industry, says the German government. But they’re trying. Leaders have decided to build liquefied natural gas terminals, which opens up new energy supplies but also raises a bevy of questions about Germany’s energy security.

Nuclear energy has been phased out, and renewables such as wind aren’t yet ready to pick up the slack, so lawmakers have decided that LNG is the answer to Germany’s energy crisis. They’ve announced plans to build two domestic LNG terminals, which re-gasify the supercooled form of natural gas that arrives on ships. Leasing floating terminals and securing supply via terminals elsewhere in Europe is also in the works. Essentially, Germany is trying to buy whatever it can, from wherever it can.

Electric Cars Emitting Too Much CO2 In Germany

And spying on Germans. Or something.

Tesla Hit by German Suit Over Car Surveillance, Carbon Footprint – German Consumer Group VZBV files action in Berlin court. Case argues drives using device may violate data rules

Tesla Inc. was hit by a lawsuit in Germany over potential privacy concerns linked to its car surveillance cameras and claims that buying its vehicles helps cut CO2 emissions.

German Of The Day: Knirschen

That means crunch.

And crunch here it soon will.

Implications of a German Energy Crunch (with added Supply-Chain Problems).

On Monday, utility Uniper SE, Germany’s biggest buyer of Russian gas, said it had received a letter from Russia’s state-owned Gazprom PJSC that claims force majeure—a legal declaration that exempts the company from fulfilling contractual obligations due to circumstances outside its control—to justify past and current shortfalls in gas deliveries.

What’s A Little White Lie Here And There?

I meant Green lie, of course.

And over there. And over there too. Damn. Little Green lies all over the place. Actually, they’re not all that little either.

German Government Lied About Nuclear – Germany’s Economy and Climate Minister, a Green Party leader, lied about nuclear fuel rods.

The German government is moving forward with plans to close its last three nuclear plants this December despite Europe being gripped by the worst energy crisis in 50 years. Robert Habeck, Germany’s Vice Chancellor and Federal Minister for Economic Affairs and Climate Action, said there is no point in operating them because Germany lacks natural gas, not electricity.

“Nuclear power doesn’t help us there at all,” Habeck said on Tuesday. “We have a heating problem or an industry problem, but not an electricity problem — at least not generally throughout the country.”

Besides, Habeck said, only Russia could provide Germany with the uranium fuel rods required to keep the nuclear plants operating, and there was no way to make sure the plants would be able to operate safely.

But none of what Habeck said was true. Coal, natural gas, and nuclear energy all generate electricity. Less nuclear means using more of coal or natural gas, which is why the German Cabinet, led by Habeck, just approved burning more coal…

Sniffing Glue To Save The Planet

Or at least I assume that’s what these people have been doing.

Otherwise they wouldn’t have glued themselves to the road with it. Am I right or am I right?

“It’s absolutely crazy to stick yourself to the road with superglue,” admits Lina Schinkoethe.

So that’s precisely what she then proceeds to do. Stay away from this stuff, kids.

German Climate Activists Aim to Stir Friction with Blockades – Schinkoethe is part of a group called Uprising of the Last Generation that claims the world has only a few years left to turn the wheel around and avoid catastrophic levels of global warming.

German Of The Day: Fremdschämen

That means being embarrassed – for someone else.

And this particular embarrassment has less to do with a stupid song and its stupid song lyrics than it does with the fact that authorities feel the need to censor it.

Schlager louts? Row erupts over ‘sexist’ pop hit in Germany – Town festival authorities refuse to play chart-topping Layla by DJ Robin & Schürze, prompting complaints of censorship.

“People are being prescribed how they should talk, how to write, and now how to party. This prudish nannying of the politically correct bregade must stop. We are heading for an anti-fun society.”

And here you thought Germany was an anti-fun society already.

German Of The Day: Implodieren

That means to implode or implosion.

Germany’s Nuclear-Power Implosion – The eco-left eschews reliable, clean power in an energy crisis in favor of coal and hope.

Europe’s climate obsessions have led to an energy crisis, and who would have thought the Germans would choose to make it worse. That’s what happened last Thursday when the Bundestag voted to shut down the country’s remaining nuclear power plants by the end of the year.

German Of The Day: Handelsbilanzdefizit

That means trade deficit.

Germany warns of ‘historic challenge’ as trade slides into deficit – Soaring energy prices and trading disruption push balance €1bn into the red for May.

Imports increased 2.7 per cent to €126.7bn from April to May while month-on-month exports fell 0.5 per cent to €125.8bn, according to data released on Monday by the federal statistical agency.

“In the past. Germany could always rely on strong exports to revive the economy and today’s numbers show the trade balance will not return as a positive element for growth for at least the next couple of years,”

German Of The Day: Wohlstand

That means prosperity.

Ukraine war: Germans fear the end of prosperity – The war in Ukraine and inflation have Germans concerned about their standard of living. Those who have the least are likely to suffer the most…

Inflation is running at nearly 8%, compared to the same time last year, according to Germany’s Federal Statistics Office. Consumer energy and food prices are up more than 38% and 11%, respectively.