Independent thinking for complex markets and current events
Germany's climate envoy is literally the former director of Greenpeace. No one should be surprised that the Greens lied about the nuclear phase out. It's their raison d'être. pic.twitter.com/J5wV1cHfVf — Ryan Maue (@RyanMaue) April 26, 2024 Really? Is there a legal investigation? — Elon Musk (@elonmusk) April 26, 2024
via Mike Shedlock German industrial production started its decline in 2017. An energy crisis and Green madness put on the finishing touches. Germany industrial production via St. Louis Fed, chart by Mish. German Superpower Days Are Over German Industrial production peaked in November of 2017. Germany’s IP has since fallen to a level first seen …
h/t Daniel Kral Germany, the powerhouse of Europe, is grappling with a concerning economic downturn as its industrial sector continues to face challenges. In November, German industrial production experienced an unexpected decline of -0.8%, contrary to the anticipated +0.2% rise, according to data from the federal statistics office. This marks the sixth consecutive monthly drop, …
The end of a business model in one chart:#Germany industrial production. pic.twitter.com/duF0JSSMIs — jeroen blokland (@jsblokland) January 1, 2024 https://twitter.com/sergejcodes/status/1741799846988628171
These protests are rapidly expanding and a national day of protest in planned for January 8, 2024. Many of the working class are expected to join in. Yet, Germany’s Socialist-Green government, led by Olaf Scholz, continues to stick to its plans to drastically increase the carbon price, beginning in January, and thus make life for …
As Germany’s economic model falters, the ECB faces the challenge of sustaining the troubled Euro experiment. 🇩🇪German Industrial Production Drops for the Fifth Month pic.twitter.com/wbTw4FAaIn — Tracy Shuchart (𝒞𝒽𝒾 ) (@chigrl) December 7, 2023 The Euro which ruined economies in the South was kept alive by Germany‘s strength. With German economic model imploding the ECB …
Deutsche Bank (DB) has dealt a significant blow to Germany’s economic outlook, reducing its 2024 GDP forecast by a substantial 0.5 percentage points to -0.2%. The revision follows a budget crisis triggered by a Constitutional Court hearing, pointing to low growth exacerbated by challenges within the German legal system. DB’s explanation for the downward adjustment …
Eurozone data paints a bleak picture of economic distress: retail sales plummet, wages pose risks, but savings have drained, financing is tight, and uncertainty looms, likely leading households to curb spending. Germany’s industry remains in a slump, facing weak demand and declining production. Despite a glimmer of hope in high order stocks, urgent concerns persist …
by Chris Black Well, this is very interesting if you come to think about it. I mean, this article was written after tens of thousands of Muslim immigrants brought to Germany by the usual suspects protested against Israel slaughtering civilians in Gaza. They didn’t write anything remotely like this article after the countless terrorist attacks, …
Despite Germany’s substantial infusion of state aid into its economy, the nation continues to grapple with recession and experiences the slowest growth rate among its counterparts. https://twitter.com/MichaelAArouet/status/1718624015755936251
While Lufthansa has tried to do its bit to adopt sustainable practices, the company’s chief has said that switching the airline to green fuels like e-kerosene could come at a big price—half of Germany’s electricity supply. “We would need around half of Germany’s electricity to create enough of the fuels,” Lufthansa’s Carsten Spohr said at …
What has tusks, bristly hair, and is contaminated with dangerous levels of radiation? Visit Germany’s Bavarian mountain towns and you just may find out. The wild boars (Sus scrofa) that snuffle through the region’s forests are so radioactive that the country has ruled them unsafe to eat—but why these animals are so contaminated has proved …
via Mike Shedlock: Rents are rising at a record pace in Germany. Politicians turn to a price control gambit guaranteed to fail. https://twitter.com/kuzeypiyasasi/status/1695897569572913595 Rent Control Evidence Please a September 2019 Stanford Business Study on The Effects of Rent Control Expansion on Tenants, Landlords, and Inequality: Evidence from San Francisco Using a 1994 law change, we …
by Chris Black The funny thing is that most than half of the population of Hamburg-Mitte is made up of ethnic minorities, which presumably means their foodis really, really good. Now, even if this is all just the result of immigration – would you really prefer to not have insanely tasty kebab? Remix: Violent crime …
via The Telegraph: Germany’s central bank may need a bailout to cover losses on the debt it hoovered up as part of the European Central Bank’s (ECB) massive bond-buying programme, the country’s federal auditor has warned. The Bundesrechnungshof said losses faced by the Bundesbank on more than €650bn (£570bn) of bond purchases were “substantial” and …