Germany megathread

[Omega21]

DIW President Fratzscher warns of a permanent loss of prosperity

BERLIN (dpa-AFX) - The President of the German Institute for Economic Research (DIW), Marcel Fratzscher, sees Germany facing a long dry spell in view of rapidly rising prices and a collapse in consumer sentiment. The "price shock" is causing a permanent loss of prosperity in large parts of the population, Fratzscher told the "Spiegel". The bottom 40 percent of society is particularly affected, who spend almost their entire income on their livelihood and hardly save anything. "You will consume everything that is not absolutely essential in the future much more hesitantly or not at all," said the economist.

https://www.finanzen.net/nachricht/aktien/diw-praesident-fratzscher-warnt-vor-permanentem-wohlstandsverlust-11646868


https://twitter.com/Schuldensuehner/status/1561697025749557248

[Omega21]

https://twitter.com/JavierBlas/status/1566819301222383616

The Greens seem to be commited to deindustrializing Europe for good.

Reminder: Electricity futures jumped 30%, just in the past 24 hours.

Dont vote Green unless you can afford it, people.

The fervent left wing anti-nuclear agenda is pure science denial, fueled by child like emotions, much like the "BILL GATES IS CHIPPING US" folks.

[Omega21]

German decline and deindustrialization, proudly brought to you by the Green Deal⟨™⟩

https://twitter.com/ChristophCanne/status/1580031988425101312

[Omega21]

Or could it be precisely the opposite in fact? Decades of Merkellian short-sightedness and complacency that led to an over-dependence on Russian gas and chronic underinvestment in it's own capacity?

I do not see how wind and solar could have helped alone.

It needs other electricity sources in order to function, so that's either coal, gas, or nuclear.

The greens ruled out nuclear and coal. What does that leave?

I hope you can see the ridiculousness of the German Greens, when even Greta is saying that they should not close down any nuclear plants lol

https://twitter.com/JavierBlas/status/1579844923423326210

[Omega21]

Yes, Germany should have kept its nuke plants open

I do not see how wind and solar could have helped alone.

It needs other electricity sources in order to function, so that's either coal, gas, or nuclear.

The greens ruled out nuclear and coal. What does that leave?

I hope you can see the ridiculousness of the German Greens, when even Greta is saying that they should not close down any nuclear plants lol

Good news for PJ, bad news for MAE: Chancellor Scholz just announced that he's going to extend the runtime of all three nuclear power plants until April 15, 2023, by virtue of his constitutionally established policy-making power. Yaaay! 🙌🏻 🙌🏻 🙌🏻

Great news. Sane people rejoice!

Next, he should extend it to 2025, and preferably indefinitely. The energy crisis won't be over in 6 months.