It was once unthinkable to lock down people in their homes. Two years ago the masses accepted it as a sound government initiative.
Now in Germany they are locking down businesses indefinitely.
The western world, particularly Europe, has gone mad.
This will not end well.
People are finally starting to join the dots and ask questions.
polidori redux
1 year ago
“There was an almost celebratory mood among German economists this week, triggered by the news that industrial gas consumption fell by 20%”
Unless German industry was wasting gas on an epic scale how on earth can that be a good development?
Are German economists as bonkers as Germany’s political leaders?
Matt M
1 year ago
These German politicians are crazy! We will find out today whether Liz Truss is too. Either she will get Britain fracking or she will be as bad as Olaf.
It looks (I stress looks – there’s many a slip twixt the cup and the lip) like she might not be as crazy as Olaf. Moratorium on fracking lifted and aim is to get moving asap.
Roger Ledodger
1 year ago
It seems Liz has reversed bans on Fracking – not a bad start, but it isn’t an immediate help. Next is that Britain is currently using its 3 LNG terminals to pump record amounts of gas into the EU. Come winter that gas will be wanted in the UK, then what is the EU, particularly the productive industrial North to do, or you think they’ll out bid the UK for that gas? Germany effectively pays for the EU, without industry who pays? Today the BBC wondered if Sterling will collapse. Will the West collapse, the global economy even? Suddenly the ‘Great Reset’ starts to seem less like a conspiracy theory and more like a policy.
Saul D
1 year ago
Shutting down industries doesn’t shut down demand. What happens is that prices rise and buyers shift to producers in other countries, particularly if those countries retain access to cheaper energy and so have lower costs.
The normal counter is then about a lack of expertise and quality standards. But many production facilities have already been offshored, and if the industry in Europe is closed down, there will be plenty of experts willing to go to where the work is, to get away from the economic turmoil at home.
Warren Trees
1 year ago
Mirror, mirror on the wall, who is the most feckless of them all?
Ian Stewart
1 year ago
You’d almost think the German government is trying to find ways to undermine its own economy and create popular resistance to supporting Ukraine, so Putin can win there. Machiavellian I know, but it’s the closest likely answer to being logical.
Bruce Edgar
1 year ago
The difficulties Germany faces derive directly from the self-harming sanctions that are driving the entire EU into the toilet. I thought at last I would encounter the real news coming from the German people–but encountered a barrage of obfuscating political labels that have been discredited for some time now.
It was once unthinkable to lock down people in their homes. Two years ago the masses accepted it as a sound government initiative.
Now in Germany they are locking down businesses indefinitely.
The western world, particularly Europe, has gone mad.
This will not end well.
People are finally starting to join the dots and ask questions.
“There was an almost celebratory mood among German economists this week, triggered by the news that industrial gas consumption fell by 20%”
Unless German industry was wasting gas on an epic scale how on earth can that be a good development?
Are German economists as bonkers as Germany’s political leaders?
These German politicians are crazy! We will find out today whether Liz Truss is too. Either she will get Britain fracking or she will be as bad as Olaf.
It looks (I stress looks – there’s many a slip twixt the cup and the lip) like she might not be as crazy as Olaf. Moratorium on fracking lifted and aim is to get moving asap.
It seems Liz has reversed bans on Fracking – not a bad start, but it isn’t an immediate help. Next is that Britain is currently using its 3 LNG terminals to pump record amounts of gas into the EU. Come winter that gas will be wanted in the UK, then what is the EU, particularly the productive industrial North to do, or you think they’ll out bid the UK for that gas? Germany effectively pays for the EU, without industry who pays? Today the BBC wondered if Sterling will collapse. Will the West collapse, the global economy even? Suddenly the ‘Great Reset’ starts to seem less like a conspiracy theory and more like a policy.
Shutting down industries doesn’t shut down demand. What happens is that prices rise and buyers shift to producers in other countries, particularly if those countries retain access to cheaper energy and so have lower costs.
The normal counter is then about a lack of expertise and quality standards. But many production facilities have already been offshored, and if the industry in Europe is closed down, there will be plenty of experts willing to go to where the work is, to get away from the economic turmoil at home.
Mirror, mirror on the wall, who is the most feckless of them all?
You’d almost think the German government is trying to find ways to undermine its own economy and create popular resistance to supporting Ukraine, so Putin can win there. Machiavellian I know, but it’s the closest likely answer to being logical.
The difficulties Germany faces derive directly from the self-harming sanctions that are driving the entire EU into the toilet. I thought at last I would encounter the real news coming from the German people–but encountered a barrage of obfuscating political labels that have been discredited for some time now.