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Politics : Politics for Pros- moderated -- Ignore unavailable to you. Want to Upgrade?

To: Maple MAGA who wrote (769131)	10/7/2022 2:02:37 PM
From: skinowski	5 Recommendations Recommended By D. Long Hoa Hao miraje pheilman_ Tobias Ekman Read Replies (3) \| Respond to of 793955

Germany is at risk of turning “from an industrial country to an industrial museum” because of the federal government’s energy policies. It’s amazing how fragile, in essence, are our great technological accomplishments and the wonderful economy they support. A few stupid decisions by wokey leaders - and all we have is in serious danger.

To: Maple MAGA who wrote (769131)	10/13/2022 2:31:10 PM
From: TimF	Read Replies (1) \| Respond to of 793955

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.

To: Maple MAGA who wrote (769131)	10/13/2022 9:08:41 PM
From: Jacob Snyder	1 Recommendation Recommended By Maple MAGA Read Replies (1) \| Respond to of 793955

< Germany will cease to be an advanced industrial power> That is a bit apocalyptic. Reality will be more boring. There is no shortage of natgas on earth. There is a shortage of infrastructure, to bring stranded/flared/re-injected gas to market. All over the world, from Alaska to Bahrain, vast reserves are available. High prices cause investment, which will (after a painful lag) bring the stranded gas to market. So, Europe will have a recession. Russia will permanently lose markets, because much of the world does not trust them to be a reliable trading partner. And life will go on, more or less as before.