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It was nobbled by the US via a curated holy war. Next question.
This entry was posted in Economics and the economy, International, War and peace. Bookmark the permalink.
Nah, they did it to themselves.
The irony is after they shit down their nuke plants they stated buy humungous amounts of electricity from France…75% of which is nuclear electricity.
Germans periodically go mad. It’s currently one of such phases.
Oops, apology for rude word, I did really mean to type “shut”. Maybe my subconscious was driving my fingers.
We Know Exactly What ‘De-Development’ Means
BoN,
I think your original spelling has got it right!
They did it to themselves in the ultimate sense that they made no attempt to shock-proof their energy sector and therefore their economy, yes. But the proximate cause of their precipitous decline was indeed the orchestrated proxy war – to say nothing of America’s terrorist attack on Nord Stream.
Moreover, the EU – which Germany is supposed to have on a leash – has embarked on a programatic demonisation of the East on the pretext of universalising ‘European values’ (which are really Democrat Party values). This made it politically impossible for Germany to finesse a negotiated avoidance of war – though clearly that was its preferred policy.
The problem with this argument is that the Germans were largely sourcing the materials for the nuclear plants from the Russians.
CL – I’ve been watching Germany faceplant for many many years. I wrote a guest post for Sinc, in 2016 I think it was, which was about the correlation between renewable MW per capita and electricity prices. Germany and Denmark were far and away worst, but we were rapidly catching up even then.
The German car industry is on death watch. So is the mittelstand technical business sector.
Weimar 2? | Power Line (23 Sep)
The graph is interesting since it supports your case: the start of 2022 was the straw that broke the camel’s back when it comes to energy intensive German industries. The Z War is accelerating the process.
Here’s a Jonova post from 2018 with the linear trend. The first graph is from Judith Sloan in the Oz, but like Jo I haven’t been able to find the original article. Germany has been too expensive to do business in for at least a decade, and they’re getting worse not better.
Unless you successfully adopt autarky, how do you do this? The Germans are going to be dependent for resources externally sourced whatever mode of generation, or combination thereof, they choose. Rather, as you say, the proximate cause here is decisive. The only other reading of the situation that has legs is the abandonment of a genuinely independent European security policy that would have probably broken NATO. The irony of this situation, however, is still playing out.
Germany is sitting on a shedload of coal Dover.
Germany Is Dismantling A Wind Farm To Make Way For A Coal Mine (26 Oct)
The hypocrisy is their stupid energy policy pushing green-everything, then going off to buy Russian gas and French nuclear power in order to keep the lights on.
Mark A, of Mark A Pics has retired and is returning to Australia.
He knows how much coal is in Europe because it was his business to know.
Germany, v on the Lin, and others, are setting up Europe for war.
Delusional, if not demonic, when the talk is about the NS being ‘shut off’’ – and merely ‘damaged amid the war’ – in which case turning off the valves was as a blessing in disguise and is to be responded-to with acts of contrition for wicked past behaviour of having had plentiful supplies of energy and a healthy economy.