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Politics : Politics for Pros- moderated
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To: Maple MAGA who wrote (769131)10/13/2022 2:31:10 PM
From: TimF  Read Replies (1) of 793957
 
That's just silly. Yes Germany will take a hit. Even in the absence of other negative economic factors which exist in the world right now it would cause a recession all by itself, and one focused on industrial and other high energy areas of the economy. It will be painful. But it won't be the end of Germany as an industrial power.

Also "if nothing is done" isn't the case. The US has been selling and shipping LNG. Germany has stopped shutting down its nuclear and coal plants, and now France (which has a bunch of nuclear power plants and never had plans to shut down nuclear energy in the country) is exporting gas to Germany. And before Russia stopped exporting gas to Germany about a month and a half ago Germany was filling up its storage and last I heard its at about 95% of capacity.
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