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 contradiction. This is a word that is in constant demand in Germany.
Germany’s Energy Crisis Plan Contradicts Itself – The German government is desperately trying to conserve gas—and subsidizing its use.
Germany’s self-imposed target is to cut back gas use by 20 percent, which is roughly the shortfall caused by Russia’s discontinuation of gas supplies amid its war in Ukraine. Yet…
The federal government has said it will set price caps on gas and electricity by the end of the year. So… Contrary to the greater goal of throttling back consumption, price caps and subsidies will have a positive effect on demand. By easing the burden on consumers, they dilute the price signal to save. “This increases the risk of brownouts and blackouts over the winter,” said Toby Couture of the energy consulting firm E3 Analytics, “as citizens and businesses consume more power than the system can effectively supply.”
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.
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.
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 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.
We’re from the government and we’re here to help. Again. Resistance is futile. No force in the universe can stop us from helping you so shut up and let us help you already.
Germany’s latest consumer tax (they keep coming in hot and heavy) was meant to help offset soaring gas prices by helping energy companies in need. A questionable enough undertaking already, I’d say. But now it turns out that billions of these tax euros will be flowing to companies that are not only not in need, they’re making record profits.
We were glad to help. You can thank us later.
When you’ve got less than three months of gas for the coming winter.
Hang in there. You’ll have enough for four months in no time, Germany. Or maybe you won’t. But still. Self-imposed dependency rocks.
Stocks are rising fast, but still not enough, regulator says.
Observing Hermann 