Posted on 12/06/2023 12:57:42 PM PST by davikkm
Germany is the strongest economy in the EU.
If Germany is running out of money…
https://www.youtube.com/watch?v=JYqrJtxIJ7A
I told you a long time ago that Germoney was going to be “deindustrialized” by the American war on Russia.
You can’t just shut down an industrial economy’s entire energy industry – even outside of the total slowdown of exports due to the US forming an Iron Curtain.
(Excerpt) Read more at citizenwatchreport.com ...
“Citizen Watch Report” needs to cram in some more ads. There’s still maybe an inch of article text peeping through.
Thank the Lord that under the Bidenskyyyyy reign of terror, we don’t file bankruptcy anymore. We use our votes to get the politicians to “forgive” our debt or else.
Adblock could be your new best friend...page looks fine after it does what it does.
When Germany shut down all of their electricity from nuclear power, they guaranteed chaos. Since leftists love chaos, and never want to waste a crisis, they will create crisis. Kalifornia is celebrating destruction of electricity-generating dams.
My browser with an ad blocker shuts most of that off. At least the YouTube report comes through without a question -- in English and German. Monica Schnitzer is dancing as fast as she can, rather like the extraordinarily ordinary Janet Yellen. At least Schnitzer is moderately better to look at than Yellen, though Scholz is about as homely as Paul Krugman.... WION uploads from India.
That should bring their real estate prices down. Maybe they should make flush toilets illegal too? (Especially since most Californians seem to "go" on the sidewalk.)
Yup. Germany shutting down their nukes has doubled the price of electricity. That’s what’s killing their industry. Nothing to do with Ukraine.I expect the Krupp family is glad they sold out decades ago?
The people who claimed to have lived their said cash was the preferred method of exchange.
Has anyone had experience with this?
Mom-and-pop shops in Germany...traditionally...did not accept credit/debit cards (goes back over 30 years). In my village, out of eight shops and a gas station...all have switched to a charge system (even the dog groomer and flower shop). I’d say from Germans under age 40...more than half only do business in digital form and rarely carry bills in their wallet/purse. If you go into more rural areas...lot of shop won’t deal with the cards.
Other odd trend...German banks now charge a decent fee on coin deposits. So if you showed up as a bakery owner with 400 Euro in coins from the days transactions...there’s probably a 5-Euro fee in handling the coins.
German electrical prices (I agree in that they are way up over a 3-year period) relate more to the ‘back-up’ natural gas power stations which used cheap Russian natural gas...to augment their solar/wind power generators. Once the war started and Russian natural gas was cut-off...secondary sources had to be found, and that ramped up the cost of electricity by double.
This phobia-like fear of nuke-power goes to German perceptions after Chernobyl and Fukushima incidents. They believe as long as they don’t use nuke power...they are safe. The fact that most all neighboring countries to them use nuke power...hasn’t really settled into their mind about that threat. Once brownouts start, and they have to source neighbors to buy power off of...the nuke neighbors will sell them the electricity at a handsome profit. So they pay...one way or another, for their phobia.
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