The producer prices across Germany jumped by 33.6% in May compared to the same month a year ago to surpass market expectations, according to a report published by the Federal Statistical Office on Monday. On a monthly basis, the producer prices index expanded by 1.6%.
The largest contributor to the soaring prices increased in energy costs, which were up 87.1% versus May 2021, particularly the expansion of natural gas, which surged as much as 148.1%. Electricity prices climbed 90.4% in the same period.
The prices of intermediate goods grew 25.1%, with metals leading the gains by rising 38.1%. The prices of non-durable consumer goods increased by 14.7% last month, while the prices of capital goods rose by 7.1%.
Globalists who say “you will own nothing and you will be happy” probably include cars. If you don’t have a car, you will not have as much ease in traveling. People will become even more isolated.
We were prepped for isolation by Covid restrictions. Without the widespread ability to use the internet, people would have rejected the orders to lock down. It is a scary time.
Thanks.
Have you seen this? I don’t know anything about the site, but the source can be verified.
Ukraine Will Survive and the US is Preparing to Arm it for Years, Says Pentagon’s Hicks
U.S. defense leaders believe Ukraine will survive Russia’s invasion and are already planning on how to arm the country for the long-term, said the Pentagon’s No. 2 civilian official.
“I think what we can assure ourselves today is that there will be a country called Ukraine. It will be a sovereign country and that country will have a military that will need to defend it,” Deputy Defense Secretary Kathleen Hicks said Monday. “And so as we look ahead, we’re thinking through what are the kinds of capabilities that the Ukrainians need to protect themselves over the long term.”
Facing the challenge of supporting Ukraine, modernizing the U.S. military to deter China and doing so in the midst of rising inflation and a possible recession, the Pentagon’s No. 2 civilian leader laid out how the Defense Department is attempting to tackle multiple unprecedented challenges at once,
But, said Hicks, the department is also trying to take a longer-term approach to supporting Ukraine, five, 10, and 20 years into the future.
Can you believe it, another quagmire they think we can afford.