41–50 of 130 posts
Earlier quoted context omitted.
Their public media broadcaster has ever increasing and absurd budget, these temporary bubbles are nothing in comparison.
Their _two_ public media broadcasters.
(And then two more, Deutschlandradio and Deutsche Welle)
Cutting cheap Russian gas was a suicidal move for European manufacturing (and households).
Brussels checkmated itself trying to maintain industrial power while appeasing its anti-nuke reactionaries.
Europe cedes sovereignty with gas. (Whether it buys from America or Russia isn’t structurally relevant. Militarily the distant and rich master is obviously preferable.) The answers are solar, wind and nuclear. Germany is singularly responsible for fucking up the last, and with its Russian gas appeasement, undermining the former.
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Article says: > But a profit warning by German carmaker BMW late on Tuesday was the latest reminder of the industry’s structural challenges as it struggles with the transition to battery cars, weak sales in China and US import duties. My gut feeling is that the Chinese are now buying locally made EVs. Other nations are buying Chinese made EVs. Except the Americans, who can't afford anything without paying extra money…
I'm a European with an Audi car, been looking at switching to EV and I can't lie and say BYD doesn't look like more value for the money than the Audi alternatives, so doesn't really surprise me.
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> liberal agenda It is quite the opposite of a liberal agenda. German policy is very illiberal in that it is heavy on bureaucracy, strict on regulations, and nowadays firmly stuck in a green-at-any-cost course. All that leads to high energy prices, sky-high barriers for industrial development and entrepreneurship and therefore high prices of german-produced goods.
Why is output falling? Are there other countries taking the market share? Or is there more to it?
Cutting cheap Russian gas was a suicidal move for European manufacturing (and households).
* She inherited a booming economy with very good reforms and plenty of budget surplus
* Let infrastructure to rot
* Energy production cratered and shifted to Russian gas dependency (high profile politicians related) showering Putin with billions every year
* Then tricking Puting to a peace agreement to quietly "rearm" Ukraine to prepare for war (https://en.wikipedia.org/wiki/Minsk_agreements)
* Nuclear reactor dismantling
* Poisoned relationships with peripheral EU countries by forcing her brand of politics
* Persecution of opposition, branding "far right" anything right of center
* Destroying German identity (https://www.youtube.com/watch?v=q8PNgxbTE0o)
* Pushing police state and against free speech
* Failing upwards her protégé von der Leyen to the top of the EU, an incompetent, and unelected nepo-baby
* Forcing Germany and the EU to take in tens of millions (at least) of "refugees" https://en.wikipedia.org/wiki/Wir_schaffen_das ("we can take them", open doors, family "reunification", etc)
* Anti family hard-line feminist
TBF, at the time, I also fell to the propaganda of Merkel being the best and smartest stateswoman ever.
Sure, not everything she did was bad. But her legacy is now Germany's nightmare. And EU's, too. Untangling this mess will be very difficult.
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Germanys economic policies really have nothing to do with "liberal agenda".
I guess they're talking about neoliberal, which is completely different from liberal (but overlaps - both liberals and conservatives are neoliberal; actual leftists aren't)
If anything, we need more economically liberal policies, because those actually do stimulate innovation and growth. Instead, leftists are completely focused on how they can extract even more money from the productive part of the population to give to the unproductive.
Cutting cheap Russian gas was a suicidal move for European manufacturing (and households).
Most of it caused by "Mama Merkel": * She inherited a booming economy with very good reforms and plenty of budget surplus * Let infrastructure to rot * Energy production cratered and shifted to Russian gas dependency (high profile politicians related) showering Putin with billions every year * Then tricking Puting to a peace agreement to quietly "rearm" Ukraine to prepare for war ( https://en.wikipedia.org/wiki/Minsk…