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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 386.01+1.6%4:00 PM EST

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To: Haim R. Branisteanu who wrote (79918)9/21/2011 4:40:26 AM
From: elmatador  Read Replies (1) of 217712
 
Germany artificial economy: Dismantle nuclear and "build fossil fuel-fired generators to make up for lost capacity"

They are trying to artificially increase GDP. Japanization comes to mind.

In the 80s I was in Germany it was like this: They had cobblestones streets and asphalted during WWII reconstruction. Then they took the asphalt and put back cobblestones.

I asked my German friend: Why put the cobblestones back? He said it was because it was in vogue a retro nostalgia sense among the people. I thought it was more a job for the boys scheme for the municipalities.

Then they went there and bought the former DDR. Eastern Germany provided a decade of economic growth financed by the solidairity taxes.

Now Germans found another scheme to keep economy moving: Dismantle one type of power generation and build another.

KfW to Provide 100 Billion Euros to Aid German Energy Transition
news.businessweek.com
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