Putin is a wuss. Need to raise the gas price by x10 and also to demand rubles for all the commodities.
Thank goodness you listened to Biden...and cut off your nose...etc etc.
Germany is between a rock and US foreign policy. The US buys some forty-odd percent of their exports. Russian sells Germany some forty-odd percent of Germany’s gas. It’s a back of the envelope calculation to decide they need the exports more than the gas. This is Merkel’s fault as the US was telling her all along that she should not buy Russian gas. But Merkel lived in her own special world where everyone should just be nice. (Obviously ignoring what Russia had done to “those other people over there who don’t buy German products.”) And the era of countries invading each other was a great thing of the past. (Obviously ignoring what Russia had done to “those other people over there who don’t buy German products.”)
But dealing with the present, there are lots of things Germany could do right away, recommissioning a few power plants recently shut down for not being Green enough, for example. Fortunately, this is happening while the Greens are in charge. They will either lead the charge back into energy sanity or they will be swept aside and damaged by this for decades to come. In the meantime, Welcome back to reality, Germany.
A German friend recently told me she was glad biden was handling Ukraine and not Donald Trump. Needless to say I attempted to educate her but I think circumstances are going to do the job better than any of my words
How is this playing in Freundlich Deutschland?
All that needs to be one is swap the definitions of “inflation” and “growth.” High inflation will be known as high growth, and low growth will be known as low inflation.
The problem is solved.