Sunday, July 30, 2023

Germany's Economic Minister Says The Country Is Facing 5 Difficult Years As It Transforms Into A Green Economy

Robert Habeck has been one of the Green Party's two co-leaders since 2018. Image: Michael Kappeler/dpa/picture alliance 

Politico: Germany faces 5 tough years, economy minister warns  

Berlin should borrow money to subsidize energy for companies or risk losing its industry, Robert Habeck cautions. 

Germany faces five difficult years of green industrial transition that "will put a burden" on people, Economy Minister Robert Habeck warned — while urging his government to approve fresh subsidies to safeguard the country's industrial base. 

Reacting to a new report by the International Monetary Fund that projects Germany's economy will shrink 0.3 percentage points this year, Habeck told German public broadcaster ARD on Wednesday evening, "The data certainly isn't good." 

Germany's statistical office had already warned in May that the country entered into a recession. Some of Germany's biggest companies have begun to ditch the fatherland, triggering fears of deindustrialization.  

Read more ....  

WNU Editor: I have a few friends in Germany. They cannot believe what is happening to their country. The German economy is being de-industrialized in front of everyone's eyes. And now this .... Germany expected to be only major economy not to grow this year (Euronews/AP). 

It should be noted that there was a time when Robert Habeck, one of two co-leaders of the Greens, was the most popular politician in Germany (link here). Is he still the most popular politician in Germany? Not if this economic disaster continues.  

Update: The Duran were the first to talk about the de-industrialization of Germany. Their analysis (below) on where this is leading to is a must see. 

6 comments:

Anonymous said...

Fuckers are preparing for a die off

Anonymous said...

It gets worse than Canada? Unreal

Ron said...

I do not know why so many people follow Mercouris. He flaps on and on, and labors to get to the point. I do not have time to piss away hours listening to his flapping lips when the info he gives should only take minutes to lay out. I am pretty sure he knows more than me and is probably smarter than me but my mind falls to sleep minutes into him talking and then I realize he hasn't said anything yet anyways.

Anonymous said...

You can't fix stupid

jac said...

The logistic absurdity of the left is hugely open on every body eyes: if we want transformation we have to do the new one before closing the old one!

Anonymous said...

Keep in mind

1. The US/UK are currently led by a cabal of globalists who do not care about anything else but the great reset

2. The US/UK are no longer a partner of Germany or Europe.
2a. The illegitimate leadership in the US/UK has made the conscious decision to cannibalize Europe

2b. The destruction of the pipeline by the US/UK is not the first step towards this, but shows clearly what they are up to. This act alone cost Germany and Europe several TRILLION

We are basically at global war