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Europe's auto industry has significantly shrunk compared to pre-pandemic times, according to recent production figures obtained by Handelsblatt. Volkswagen, Audi, BMW, and Mercedes-Benz alone produced over half a million fewer cars in their home continent from January to May 2023 than in the same period in 2019. According to the information service "Marklines," this represents a decline of almost 20 percent.

It's taking longer than some expected, but it's coming.

Tom, what do you think of this MP?:
https://www.zerohedge.com/geopolitical/we-will-bring-you-down-german-mp-vows-dismantle-whos-grip-governments

I'm impressed.

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Hi, today the press is covering up anything of interest with the climate panic. They are literally using a heat wave in China to maintain the topic in the press. The WHO thing isn't even mentionable in the MSM. But there is a vulcano preparing its big eruption if You watch econ data closely. They could loose control over the narratives sooner than expected

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When I was a kid we called "heat waves" summer and "cold waves", winter. And we were happy with "heat waves", summer, because it was a good time to go swim to the lake nearby.

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Me too. It was back then that I also noticed that weather can change from day to day or week to week. Fascinating.

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Long long time ago....

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The decline because of the German government has been actively pursuing a transition to more sustainable and environmentally friendly transportation systems. The government has set ambitious targets to reduce greenhouse gas emissions and promote electric mobility. As a part of this effort, there are various policies and initiatives in place that aim to phase out internal combustion engines in favor of electric vehicles. If I m not mistaken the target year is 2035.

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Yes You're right. That's the fantasy land our green Khmer are living in...

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