> Manufacturing in Germany is dying
no surprise given the high taxes, extreme energy prices, massive bureaucracy, ridiculous regulations, work-hating employees and extremely business-hostile culture
no surprise given the high taxes, extreme energy prices, massive bureaucracy, ridiculous regulations, work-hating employees and extremely business-hostile culture
[1] https://www.cnn.com/2023/04/15/europe/germany-nuclear-phase-...
The price will rise much larger than a dumb, fixed increase-schedule would. Because the "market" wants it's profit.
A lot of people seem to be pushing some weird "anti-environmental" when the simple reality is that all energy costs
I cannot understate the impact of Russian Energy being cut off. Right now we're paying roughly twice as much than we used to for compressed natural gas brought via tanker ships from the us. I genuinely believe that the war in Ukraine is mostly about energy dependence on Russia and Ukraine losing its transfer fees through their old pipelines
It's an interesting fact that Western Germany imported Russian gas since the early 1960s, throughout the cold war and in complete opposition to US interests. German Wikipedia has a nice overview: https://de.wikipedia.org/wiki/Geschichte_der_deutschen_Gasve...