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Topic: Germans are looking to firewood for energy as natural gas prices soar - page 4. (Read 4254 times)

legendary
Activity: 3346
Merit: 1352
Leading Crypto Sports Betting & Casino Platform
There are more people warning about the wave of bankruptcies in Germany every day.
The most recent one is the head of the German Institute for Economic Research, professor Marcel Fratzscher. In his recent interview he "warns of a wave of bankruptcies in German companies".

Just as I said before, the biggest challenge German economy is going to face from now on is bankruptcy and the fleeing capital since due to competition the products made inside Germany would be a lot more expensive than same product made elsewhere. Consequently they would either be forced to shut down or move everything abroad, in either case lots of regular Germans will lose their jobs.

BTW, that will sink the European Union. Because after the Brexit, Germany was the main "donor" nation within the EU. Southern nations such as Italy and Greece are largely dependent on fund outflows from Germany. In case the revenue surplus vanishes in Germany, then in the long term EU will fail to exist. The model of richer northern countries such as Germany subsidizing poorer southern nations such as Italy will be difficult to maintain. Or they can survive by increasing the taxes even further, which is like a double edged sword. 
legendary
Activity: 3472
Merit: 10611
There are more people warning about the wave of bankruptcies in Germany every day.
The most recent one is the head of the German Institute for Economic Research, professor Marcel Fratzscher. In his recent interview he "warns of a wave of bankruptcies in German companies".

Just as I said before, the biggest challenge German economy is going to face from now on is bankruptcy and the fleeing capital since due to competition the products made inside Germany would be a lot more expensive than same product made elsewhere. Consequently they would either be forced to shut down or move everything abroad, in either case lots of regular Germans will lose their jobs.

Germany is a country with very energy-intensive economic sectors.
Because of the high energy prices in Germany, they [the companies] have to sell their products more expensively than their competitors
That is why Fratzscher fears that many companies, especially in energy-intensive sectors, will not be able to hold out.
legendary
Activity: 3752
Merit: 1864
I watch a terrorist country, continues its economic terror, and for the next round of intimidation of Germany and the EU with tales of a "hard winter", it blew up its gas pipelines Smiley
Well, what can I say ... So much the better - the rest will be less likely to pay a terrorist country Smiley
It turned out that in order to solve the gas issue, in the most gas-dependent terrorist country, Germany, it is enough to launch only 2 terminals for receiving LNG! By the way, the construction of one terminal has already begun, the second one is about to begin.
Coming soon on all shelves of bookstores, the new bestseller - "Russia - the best practice of shooting yourself in the leg and other parts of your body" Smiley
I see you habitually blame Russia for everything. However, here it is appropriate to ask the question "who benefits?"

Member of the European Parliament from Poland, former Polish Foreign Minister Radosław Sikorski thanked the United States for blowing up the Nord Stream pipeline.

By habit, fakes and lies at every step are the genetic code of Russia, you don’t have to attribute it to me Smiley
But the statement that Russia is shitting everywhere it can, violating laws, treaties, norms, moral and ethical norms - this is a FACT that has already been confirmed many times. Can you refute? I listen to you carefully - I love your circus performances Smiley
legendary
Activity: 2912
Merit: 6403
Blackjack.fun
In a recent interview the German government pointed out the increasing number of insolvencies in the country. 30% have already declared bankruptcy while about 60% have claimed to go insolvent this season. Only about 11% of the German businesses has claimed to have no issues!

What a load of crap, another shitpost from the Iranian propaganda outlet.

https://www.destatis.de/EN/Press/2022/09/PE22_382_52411.html;jsessionid=A06A33829D3CB56733D6AEC7C03F5356.live712

Quote
Business insolvencies, 1st half of 2022: -4.0% on 1st half of 2021
Consumer insolvencies, 1st half of 2022: -20.2% on 1st half of 2021
Based on provisional data of the Federal Statistical Office (Destatis), the number of requests for normal business insolvency in Germany increased by 6.6% in August 2022 compared with July 2022. Their number had fallen by 4.2% in July 2022 from June 2022.



In reality, the number is actually lower than 2018-2019.

This is like the bullshit story of Germany running out of sunflower oil, in reality:

Quote
Davoud Fakouri, the president of Tehran Supermarkets Union, told Khabar Online this week: "In recent months the prices haven't gone up overmuch but, with the halt in oilseed imports, production of cooking oil has fallen precipitously. Cooking  distribution companies have essentially rationed it, compared to a few months earlier, we're receiving 60 percent less.”
He went on: “Because of the low supply, some supermarkets in Tehran have no cooking oil at all and some others have  barely any to sell. This will create more chaos and hurt people in the coming days."

Muhahahhahahahah, karma is a bitch, and she doesn't wear a face cover! Wink

legendary
Activity: 3472
Merit: 10611
Even before WW2, Germany had the best technology in fields such as heavy engineering and automobiles. The only drawback was that apart from small deposits of lignite (Braunkohle), they don't have any resources of coal, oil or gas. The ruling class found the ideal solution by forming trade relations with the USSR. Cheap energy imports from the USSR propelled Germany as an industrial power. If they were dependent on expensive LNG, they would have never achieved this success. It is plain and simple. German industries need cheap gas and they will never be profitable with super-costly LNG.
Exactly. They built their massive economy on massive energy they didn't have, and Russia took advantage of it as much as they could for a day like this.
In a recent interview in German TV the head of the Federation of German Industries BDI, Siegfried Russwurm pointed out the increasing number of insolvencies in the country. 30% have already declared bankruptcy while about 60% have claimed to go insolvent this season. Only about 11% of the German businesses has claimed to have no issues! Majority of them claimed that they are going to take their capital outside Germany.
legendary
Activity: 2912
Merit: 6403
Blackjack.fun
If they were dependent on expensive LNG, they would have never achieved this success. It is plain and simple. German industries need cheap gas and they will never be profitable with super-costly LNG.

I wonder how Japan and SouthKorea were managing to catch up with others with only LNG gas imports, I don't see any Nord Pacific pipeline, I don't see any gas reserves near any of the and miraculously enough, SK matches Germany for example in steel production and Jpan has a 3 times higher number in tons. How the f is this even possible, it might be caused,well who owns, maybe even at these inflated prices most of the stuff Germany produce is in that high demand that the increase in cost will easily be absorbed by the market?

Something must be happening cause:


German exports surge to record level in June

Might it be possible that's because the eggsperts that have not ever set foot in Europe, nor do they held any degree or even basic education in economics other that one minute search on Wikipedia are wrong?  Wink


copper member
Activity: 2226
Merit: 915
White Russian
I watch a terrorist country, continues its economic terror, and for the next round of intimidation of Germany and the EU with tales of a "hard winter", it blew up its gas pipelines Smiley
Well, what can I say ... So much the better - the rest will be less likely to pay a terrorist country Smiley
It turned out that in order to solve the gas issue, in the most gas-dependent terrorist country, Germany, it is enough to launch only 2 terminals for receiving LNG! By the way, the construction of one terminal has already begun, the second one is about to begin.
Coming soon on all shelves of bookstores, the new bestseller - "Russia - the best practice of shooting yourself in the leg and other parts of your body" Smiley
I see you habitually blame Russia for everything. However, here it is appropriate to ask the question "who benefits?"

Member of the European Parliament from Poland, former Polish Foreign Minister Radosław Sikorski thanked the United States for blowing up the Nord Stream pipeline.
legendary
Activity: 3752
Merit: 1864
I watch a terrorist country, continues its economic terror, and for the next round of intimidation of Germany and the EU with tales of a "hard winter", it blew up its gas pipelines Smiley
Well, what can I say ... So much the better - the rest will be less likely to pay a terrorist country Smiley
It turned out that in order to solve the gas issue, in the most gas-dependent terrorist country, Germany, it is enough to launch only 2 terminals for receiving LNG! By the way, the construction of one terminal has already begun, the second one is about to begin.
Coming soon on all shelves of bookstores, the new bestseller - "Russia - the best practice of shooting yourself in the leg and other parts of your body" Smiley
legendary
Activity: 3346
Merit: 1352
Leading Crypto Sports Betting & Casino Platform
Germany is a great country - it's stupid to dispute or deny. After the total defeat in 1945, after 25 years it became the world economic and technological leader. But as the people say, "the family has its black sheep." The only problem is that since the 70s, instead of continuing development on mutually beneficial terms, the top of Germany "befriended", and to be honest, sold out to the Kremlin terrorists. And then, to please their interests, Germany's energy security was sold to Gazprom. I am sure that the time is not far off when the "actions" of both Schroeder and Merkel and other high-ranking German politicians will be investigated, and we will learn a lot of new things from the field of political prostitution of German politicians ...

Even before WW2, Germany had the best technology in fields such as heavy engineering and automobiles. The only drawback was that apart from small deposits of lignite (Braunkohle), they don't have any resources of coal, oil or gas. The ruling class found the ideal solution by forming trade relations with the USSR. Cheap energy imports from the USSR propelled Germany as an industrial power. If they were dependent on expensive LNG, they would have never achieved this success. It is plain and simple. German industries need cheap gas and they will never be profitable with super-costly LNG.
legendary
Activity: 3752
Merit: 1864


PS. But still, we will miss you. Honestly, I'll remember you as a cool opponent. Well, as it is customary for us to help our country in everything - please - when you are called and taken to the front, do not forget to put sunflower seeds or some beautiful grass in the pockets of the form Smiley
German are great people they have built their country from the scratch
Now because they were too eager to help Ukraine - they have created so much trouble for themselves. How do they see their decision?

Germany is a great country - it's stupid to dispute or deny. After the total defeat in 1945, after 25 years it became the world economic and technological leader. But as the people say, "the family has its black sheep." The only problem is that since the 70s, instead of continuing development on mutually beneficial terms, the top of Germany "befriended", and to be honest, sold out to the Kremlin terrorists. And then, to please their interests, Germany's energy security was sold to Gazprom. I am sure that the time is not far off when the "actions" of both Schroeder and Merkel and other high-ranking German politicians will be investigated, and we will learn a lot of new things from the field of political prostitution of German politicians ...
full member
Activity: 952
Merit: 105

You are barking at the wrong tree. The root cause is the fascist Russian government that started this clusterfuck.

Russia waged an economic war on the West as they started a genocidal war in Ukraine.

Right now, no sane country would want to depend on the energy supply from Russia.

Not only that, NATO is frantically preparing for the actual war with Russia.

Europeans will find a way out of this nightmare. I am not sure Russia will.
we cannot blame Russia alone for creating the economic crisis - not at all
One of the reasons of this crisis is this war but many other factors are added to the the situation - like covid, usa - afghan crisis - floods - famine
STT
legendary
Activity: 4088
Merit: 1452
Every country creates trouble for themselves when they are unable to power the industry they require for a robust economy.  The politics of why and how it might happen they are vulnerable on the lack of energy is only a matter of when it will occur because there will always be a reason.   The whole of europe became lapse in not seeing they had failed to provide long term a strategy to have energy under every circumstance, doesnt matter the policy disagreements just that they can happen and its not reasonable for any country to be forced into being reliant on others to that extent.  Poor planning has consequences.
legendary
Activity: 3752
Merit: 1864
Now because they were too eager to help Ukraine - they have created so much trouble for themselves. How do they see their decision?
I'm more interested about why Germany is currently helping the invaders. I'm not talking a bout Russia but Azerbaijan and the weapons they've been sending them over the past month to invade Armenia. Apparently in German policy invading another country is only bad if Russia is doing not when some others do it. LOL

Well, what are you like!? You know very well - Azerbaijan returns to its bosom, its historical territories, and the people support them and want to return to Azerbaijan. In the same place, the Armenians banned the Azerbaijani language, and they are oppressing the Azerbaijanis. This is a peacekeeping operation to save and protect the Azeri-speaking population  Grin
legendary
Activity: 3472
Merit: 10611
Now because they were too eager to help Ukraine - they have created so much trouble for themselves. How do they see their decision?
I'm more interested about why Germany is currently helping the invaders. I'm not talking a bout Russia but Azerbaijan and the weapons they've been sending them over the past month to invade Armenia. Apparently in German policy invading another country is only bad if Russia is doing not when some others do it. LOL
legendary
Activity: 3752
Merit: 1864
Somehow surprising, but the second day, pro-Russian propagandists, everywhere and even here, fell silent. What a successful mobilization of "consumables" does! Just a miracle! Now there is no time to write about the greatness of Russia, and about the problems of Germany, now there is only one problem - to hide from the prize in the miserable army of the terrorist country Smiley))) This is the whole of Russia - its "exaggerated" greatness, the same exaggerated "heroism", "strength", "powerful economy" - as soon as a real, even a small problem appears, everything collapses like a house of cards. And what is important - all those who yesterday wanted to turn the United States, the EU and Ukraine into radioactive ashes, and promised to punish and destroy everyone, when they got a real chance to take up arms and go to war for the idiotic goals of the "Kremlin rubber ass" - massively cowardly whined and sleeping under the bed Smiley
What to say? I do not understand how the partial mobilization announced in Russia is connected with firewood in Germany.

If I remain silent for too long, then I have changed the keyboard to a Kalashnikov assault rifle and went on a Ukrainian safari. Grin

A great example of what they call "turn on the fool" Smiley

Most of the carriers of fake Russian propaganda went silent, carrying the themes: "without racist gas, everyone will freeze", "Germans will be heated with firewood", "Europe will end without Russian resources" Smiley And the connection is direct - you need to hide somewhere away from civilization in order not to get a summons to the army Smiley
By the way, I see you have not been called, yet! But there will be a chance, definitely - after all, we know very well that 300 thousand "partial mobilization of one-time Russians" is only a part of the general plan of 1.2 million bodies by the end of 2023 Smiley
To be honest, I will miss you, with your sparkling humor about the greatness of Russia and, of course, about gas and oil Smiley
This is great, in my collection of personal achievements there is not enough medal "For the capture of Odessa". Grin


For the "capture of Odessa" Russian disposable soldiers were awarded black plastic bags. Not all true. Some Black Sea gobies and shrimps eat up Smiley

PS. But still, we will miss you. Honestly, I'll remember you as a cool opponent. Well, as it is customary for us to help our country in everything - please - when you are called and taken to the front, do not forget to put sunflower seeds or some beautiful grass in the pockets of the form Smiley
copper member
Activity: 2226
Merit: 915
White Russian
Somehow surprising, but the second day, pro-Russian propagandists, everywhere and even here, fell silent. What a successful mobilization of "consumables" does! Just a miracle! Now there is no time to write about the greatness of Russia, and about the problems of Germany, now there is only one problem - to hide from the prize in the miserable army of the terrorist country Smiley))) This is the whole of Russia - its "exaggerated" greatness, the same exaggerated "heroism", "strength", "powerful economy" - as soon as a real, even a small problem appears, everything collapses like a house of cards. And what is important - all those who yesterday wanted to turn the United States, the EU and Ukraine into radioactive ashes, and promised to punish and destroy everyone, when they got a real chance to take up arms and go to war for the idiotic goals of the "Kremlin rubber ass" - massively cowardly whined and sleeping under the bed Smiley
What to say? I do not understand how the partial mobilization announced in Russia is connected with firewood in Germany.

If I remain silent for too long, then I have changed the keyboard to a Kalashnikov assault rifle and went on a Ukrainian safari. Grin

A great example of what they call "turn on the fool" Smiley

Most of the carriers of fake Russian propaganda went silent, carrying the themes: "without racist gas, everyone will freeze", "Germans will be heated with firewood", "Europe will end without Russian resources" Smiley And the connection is direct - you need to hide somewhere away from civilization in order not to get a summons to the army Smiley
By the way, I see you have not been called, yet! But there will be a chance, definitely - after all, we know very well that 300 thousand "partial mobilization of one-time Russians" is only a part of the general plan of 1.2 million bodies by the end of 2023 Smiley
To be honest, I will miss you, with your sparkling humor about the greatness of Russia and, of course, about gas and oil Smiley
This is great, in my collection of personal achievements there is not enough medal "For the capture of Odessa". Grin
legendary
Activity: 3752
Merit: 1864
Somehow surprising, but the second day, pro-Russian propagandists, everywhere and even here, fell silent. What a successful mobilization of "consumables" does! Just a miracle! Now there is no time to write about the greatness of Russia, and about the problems of Germany, now there is only one problem - to hide from the prize in the miserable army of the terrorist country Smiley))) This is the whole of Russia - its "exaggerated" greatness, the same exaggerated "heroism", "strength", "powerful economy" - as soon as a real, even a small problem appears, everything collapses like a house of cards. And what is important - all those who yesterday wanted to turn the United States, the EU and Ukraine into radioactive ashes, and promised to punish and destroy everyone, when they got a real chance to take up arms and go to war for the idiotic goals of the "Kremlin rubber ass" - massively cowardly whined and sleeping under the bed Smiley
What to say? I do not understand how the partial mobilization announced in Russia is connected with firewood in Germany.

If I remain silent for too long, then I have changed the keyboard to a Kalashnikov assault rifle and went on a Ukrainian safari. Grin

A great example of what they call "turn on the fool" Smiley

Most of the carriers of fake Russian propaganda went silent, carrying the themes: "without racist gas, everyone will freeze", "Germans will be heated with firewood", "Europe will end without Russian resources" Smiley And the connection is direct - you need to hide somewhere away from civilization in order not to get a summons to the army Smiley
By the way, I see you have not been called, yet! But there will be a chance, definitely - after all, we know very well that 300 thousand "partial mobilization of one-time Russians" is only a part of the general plan of 1.2 million bodies by the end of 2023 Smiley
To be honest, I will miss you, with your sparkling humor about the greatness of Russia and, of course, about gas and oil Smiley
copper member
Activity: 2226
Merit: 915
White Russian
Somehow surprising, but the second day, pro-Russian propagandists, everywhere and even here, fell silent. What a successful mobilization of "consumables" does! Just a miracle! Now there is no time to write about the greatness of Russia, and about the problems of Germany, now there is only one problem - to hide from the prize in the miserable army of the terrorist country Smiley))) This is the whole of Russia - its "exaggerated" greatness, the same exaggerated "heroism", "strength", "powerful economy" - as soon as a real, even a small problem appears, everything collapses like a house of cards. And what is important - all those who yesterday wanted to turn the United States, the EU and Ukraine into radioactive ashes, and promised to punish and destroy everyone, when they got a real chance to take up arms and go to war for the idiotic goals of the "Kremlin rubber ass" - massively cowardly whined and sleeping under the bed Smiley
What to say? I do not understand how the partial mobilization announced in Russia is connected with firewood in Germany.

If I remain silent for too long, then I have changed the keyboard to a Kalashnikov assault rifle and went on a Ukrainian safari. Grin
legendary
Activity: 3752
Merit: 1864
Somehow surprising, but the second day, pro-Russian propagandists, everywhere and even here, fell silent. What a successful mobilization of "consumables" does! Just a miracle! Now there is no time to write about the greatness of Russia, and about the problems of Germany, now there is only one problem - to hide from the prize in the miserable army of the terrorist country Smiley))) This is the whole of Russia - its "exaggerated" greatness, the same exaggerated "heroism", "strength", "powerful economy" - as soon as a real, even a small problem appears, everything collapses like a house of cards. And what is important - all those who yesterday wanted to turn the United States, the EU and Ukraine into radioactive ashes, and promised to punish and destroy everyone, when they got a real chance to take up arms and go to war for the idiotic goals of the "Kremlin rubber ass" - massively cowardly whined and sleeping under the bed Smiley
legendary
Activity: 2898
Merit: 1823
Germany is a country that have good resource, and economically good. This time it is suffering the worse with climate changes as well as more other financial difficulties. One amongst is the insufficient oil. This will make them think of moving into renewable energy production. Maybe this year the country will suffer, but in the future it'll be more effective as it doesn't want to depend on other nation for oil.


That's true, Germany does have natural resources available that scale from natural gas to coal, but is it enough to supply their population's growing energy needs? Are the policy makers making the right policies to actually use those resources and be independent from foreign countries for their energy needs? I'm not trying to disprespect Germany, and people from Germany, but the answer is "I believe not".
germans were not always good. They built themselves.They are the nation of people who knows how to work hard and bring the dream alive.

They have great infrastructure and beautiful land.


Read my post. My issue is not with the German people, because like all of the other people from other countries, whether it's Ukranian, Russian, or American, they are all good, hard-working, and they love their countries. My issue is with the government, and their policies.

Plus "war-time economy" to start in Europe if the European Comission's proposal for emergency powers is approved. The proposal includes giving the government the right to "ask" private companies to expand or repurpose their production lines, https://ec.europa.eu/commission/presscorner/detail/en/ip_22_5443

You are barking at the wrong tree. The root cause is the fascist Russian government that started this clusterfuck.

Russia waged an economic war on the West as they started a genocidal war in Ukraine.

Right now, no sane country would want to depend on the energy supply from Russia.

Not only that, NATO is frantically preparing for the actual war with Russia.

Europeans will find a way out of this nightmare. I am not sure Russia will.


You're not trying to the context of my post ser. You say, "Russia waged an economic war". Yes, but that fault is not on the Russian people. It's obviously on the Russian government. Everything about the current crisis in Europe is on the government, from BOTH sides of the economic war. The people, Russian, Ukrainian, German and those from other European countries have merely become the casualties.
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