German Solar Energy Industry Tanks, German Tanks Don’t

Unable to compete in the global market without the subsidy drug, state-ordained “energy turnaround” or not, Germany’s solar energy industry is getting eaten alive by cheap Chinese imports as we speak, so-to-speak.

“Ah, screw it,” German industrialists elsewhere in the country say to that. “We’ll just keep making a killing producing what we’ve always produced best: War technology. Tanks, Saudi Arabia!”

“But it’s not like we don’t continue to support the Arab Spring or anything,” another tankful German industrialist added ruefully.

German paper says Saudis want 600-800 tanks.

What Do Sinking South Pacific Islands Have To Do With Germany?

Nothing. Other than “tectonic shifts” made me think of “Teutonic shifts” (which don’t happen nearly as regularly). And this article I’m writing about was originally in German and published on Spiegel Online. And of course that Germans are all so terribly concerned about how South Pacific islands are sinking due the disastrous effects of rising sea levels caused by climate change.

Or are they?

And I also just felt like pondering hype and hysteria again, so popular here and everywhere else around the world and how folks just want and need to be scared and alarmed and in crisis mode all the time even when (especially when?) they don’t need to be. Anyways, said article starts off like this:

Environmentalist organizations have used images from South Pacific islands to illustrate the disastrous effects of rising sea levels. But a group of French researchers has found that the problem is much more complicated: The islands are also being pulled under by shifting tectonic plates.

Things are more complicated than we think, you see. Or more simple, I mean. There, that was it. I feel better now.

Momombo wako (the white man from the big island)!” Or “Momombo wackos (environmental terror mongers from elsewhere)!” if you prefer.

Bonds, German Bonds

That’s the thing about a crisis: There’s always a winner, too. Take the euro crises, for instance. And the demand for German bonds these days.

Demand for German bonds, seen as the safest haven in the euro zone, has pushed Berlin’s borrowing costs so low that some investors are effectively paying Germany for the privilege of lending it money.

Damn. This gives German bondage a whole new meaning.

Low interest rates on German bonds are translating into billions in savings. Now economists have calculated that the country should be able to balance its budget by next year — something that is likely to increase criticism of Germany’s crisis management.

…The perception that Germany is benefiting financially from the crisis while imposing strict austerity measures on countries in southern Europe is unlikely to win many friends for Chancellor Angela Merkel, who is already highly unpopular in countries such as Greece.

Speaking Of Presidents… You Call This Being “Increasingly Disillusioned” With Obama?

Well, there’s disillusion and there’s disillusion.

A new survey indicates that German disillusionment with the US president is “widespread.” Wow, like what a surprise or something. Even the Germans catch on eventually.

But wait, please look a little closer. The real news story has to do with the numbers behind this so-called disillusionment. “Disillusionment with Obama” over here means:

Nevertheless, they (the Germans) still have overwhelming confidence in Obama’s overall international leadership. In fact, at 87 percent, Germans are the most supportive in Europe… And nine out of 10 Germans want to see Obama re-elected.

Huh? OK. Unbelievable as usual. It never ceases to amaze me. In a nation so openly sensitive to the concept of Gleichschaltung (enforced political conformity, as in the Third Reich kind), how can you get more gleichgeschaltet than that?

In retrospect, hopes for an Obama presidency were unrealistically high, especially among Europeans.

Genetically-Unmodified Germans Still Opposed To Genetically-Modified Foods

Who cares if genetically-modified crops are now making up a large proportion of harvests in North and South America?

Germans aren’t buying any of this dangerous, hi-tech agro-terror crop, I mean crap because, well, genetically-modified crops are now making up a large proportion of harvests in North and South America (the key word here is North).

After all, any German you ask will tell you that the effect of consuming GM crops is unknown. Other than becoming hungry if you don’t eat them maybe, which is also unknown here. And this only backs up their argument, I think, sort of.

Nach den Plänen der EU-Kommission sollen die weniger strengen Gentechnik-Regelungen für Futtermittel auf Lebensmittel übertragen werden.

Mehr Fluglärm? Nein Danke!

The next wave of vociferous protests by residents complaining about excessive aircraft noise is being preprogrammed in Germany. Even if the airport in question is in the middle of German nowhere.

California-based XCOR Aerospace is developing a suborbital aircraft called the Lynx space plane which will carry paying passengers to the stratosphere. Unfortunately for them, capable engineers that they surely are, none of these guys has ever been to Germany. Otherwise they wouldn’t have had the not-so-bright idea to try to use an airport near Cuxhaven for their so-called Sea-Airport.

Germans don’t like airport noise, you see. They don’t like technology that isn’t German, either, or any of that other futuristic Scheiß (crap). And they don’t like “neoliberal” globalisation plans for world revolution (literally, this time). And they don’t like millionaires, either. A ride aboard the Lynx will retail at around $95,000. That means it’s time to agitate again or something, before the project can even begin. Bah! Hamburg! I mean Humbug!

Das Projekt sei freilich erst “in den Anfängen einer Ideenfindung.”

Where Have All The Exports Gone?

The ones that used to go to the euro zone, I mean. Wo sind sie geblieben?

German imports tumbled at their fastest rate in two years in April and exports fell, adding to evidence that Europe’s largest economy is beginning to feel the chill from the euro zone debt crisis.

Hey, I’m all for austerity, too, Germany. But when your European partners are too austere to buy your German products, what happens then?

That’s when Plan B kicks in (the German master plan is well thought out, you know, the diabolical #!?§#!s): Exports to non-EU markets are now on the rise.

“German companies feel that foreign demand isn’t as dynamic as it used to be as the global economy is entering a weaker phase. The weakness originates in the euro area, where the debt crisis can no longer be felt only through budget cuts and austerity but increasingly creates uncertainty about economic prospects, which is reflected in weaker investment.”

Sex, Smokes, Alcohol…

More sex, and then maybe some soccer at one point.

Yup, it’s time for Euro 2012. And the German team is ready to get it on, so-to-speak. German Manager Joachim Löw is taking a more relaxed approach to his squad this time around as his players will be allowed to “drink, smoke, tweet and mix with their girlfriends” during the Euro 2012 competition.

But he is still a German, after all, so Ordnung muss sein (it must be orderly). Conjugal visits in the team hotel will be limited to specific times.

Germany may not win Euro 2012, but they’ll have the most fun there.

Be Bold, Bitte

The Economist writes: If the euro collapses, then Germany will suffer hugely.

The downgrading of some of its banks this week was a portent of that. Moreover, the undoubted mistakes in Greece, Ireland, Portugal, Italy, Spain and the other debtor countries have been compounded over the past three years by errors in Europe’s creditor countries. The overwhelming focus on austerity; the succession of half-baked rescue plans; the refusal to lay out a clear path for the fiscal and banking integration that is needed for the single currency to survive: these too are reasons why the euro is so close to catastrophe. And since Germany has largely determined this response, most of the blame belongs in Berlin.

Throughout this crisis, Mrs Merkel has refused to come up with a plan bold enough to stun the markets into submission, in the same way that America’s TARP programme did. In short, even if her strategy has paid some dividends, its cost has been ruinous and it has run its course.

Ozone Hole Fixed Or Something

Now there’s a hole where the ozone hole used to be. No hole at all, I mean. Boy, I tell ya. Times sure are getting pretty unholey when you can’t even count on ozone hole hype anymore. The damned thing just up and disappeared altogether the other day.

Personally, I think German scientists at the Alfred Wegner Institute (and elsewhere) are behind it, but none of the hard evidence is in yet.

Nun jedoch sagen Forscher des Alfred-Wegener-Instituts für Polar- und Meeresforschung: Das Loch ist wieder zu.