1. Forbes, what used to be a business oriented publication is now a toilet paper version of AXIOS
2. The Germans - as in the more populous WEST Germany and the BIG Business leadership there, CHOSE Russian Gas as their "green" energy. Germany had Nuclear power that was inexpensive and they CHOSE to shut it down.
Now they, the Germans and their Big Business are reaping what they have sawn all those years ago.
As for German car manufactures, they chose to bet big on Chines consumers, that bet is also now "kaput".
Play stupid games win stupid prizes
Whatever. It in no way detracts from the message of the article itself. Europe is committing suicide with its energy policies and we are not far behind. The Biden Administration is de-industrializing the US, principally thru the EPA.
2. The Germans - as in the more populous WEST Germany and the BIG Business leadership there, CHOSE Russian Gas as their "green" energy. Germany had Nuclear power that was inexpensive and they CHOSE to shut it down.
The Greens have long dominated Germany's energy policies. However, I disagree with the Germans decoupling from Russian energy, gas and oil. It was far cheaper than US LNG and other sources of energy. The demonization of Russia, primarily by the Dems and neocons, led to emotional policy decisions. Germany went along with US sanctions and accepted quietly the blowing up of Nordstream 2. The sanctions on Ukraine have backfired damaging Europe more than they hurt Russia. Increased costs for fertilizers and energy have hurt the consumer. The European elections in June should prove damaging to the left and globalists. Nationalism is surging.
Shutting down their nuclear plants was just another stupid decision by the Germans.
As for German car manufactures, they chose to bet big on Chines consumers, that bet is also now "kaput".
The bigger mistake was going all EV. Mercedes and BMW are backing down now. People don't want them and the infrastructure is not there. If it were up to the European political elites, they would make automobiles prohibitively expensive and force most of the public into public transportation.
I watch German news every day. My wife is German. It is depressing to see how much Germany has declined--unnecessarily. We are doing the same thing.