Germany: Chemical Industry Collapses \ stacker news ~econ

Germany: Chemical Industry Collapses

771 sats \ 22 comments \ @TomK 6 Jan econ

Socialist-ecologist policies work wonders: this is the collapse of the German chemical industry.

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21 sats \ 3 replies \ @xz 6 Jan

Shit. Whatever happened in 2021 needs reversing.

0 sats \ 2 replies \ @TomK OP 6 Jan

Go back to 2015

21 sats \ 1 reply \ @xz 6 Jan

I know that there is very likely something very obvious that I have missed. Looking on the popular, biased, factually-based wikipedia.org and I quote..

21st century

"Through 2012, Germany's economy continued to be stronger relative to local neighbouring nations.[128] In 2023, Germany experienced economic difficulties as a result of the closure of Russian natural gas resources due to the western sanctions against the Russian invasion of Ukraine.[129]"

It's like nothing happened between 2012 -2023.

https://en.wikipedia.org/wiki/Economic_history_of_Germany

21 sats \ 0 replies \ @xz 6 Jan

Maybe part of the answer was there after all.

21 sats \ 13 replies \ @gmd 6 Jan

TLDR what's going on here and what's causing this?

I imagine their auto industry is also taking a lot of fire...

99 sats \ 0 replies \ @TomK OP 7 Jan

Yes. Doesn't look good either

120 sats \ 11 replies \ @fm 8 Jan

TLDR what's going on here and what's causing this?

two major landmarks that are causing this no more cheap russian gas plus the The Inflation Reduction Act of 2022 (IRA) and believe me they go together

99 sats \ 0 replies \ @TomK OP 8 Jan

Yep

21 sats \ 9 replies \ @gmd 8 Jan

Thanks.. found an interested thread on this on Twitter: https://twitter.com/shaunmmaguire/status/1743758297092767964

120 sats \ 7 replies \ @fm 8 Jan

its kind of funny ( well, its not, being sarcastic) Theres like an attack on the moral of russian gas when no one questions saudi oil... and its no surprise, civilizartions only thrive depending on the energy available, so, its not a surprise Germany was the EU engine because of this deals they had.. American LG lobby is attacking Germany and EU for at least 5 years no.. North Stream 2 is the thread to follow

99 sats \ 6 replies \ @TomK OP 8 Jan

But the media managed to dumb the mass of the german people down to a level where it's impossible argueing about this. Moral has set in place where You usually needed brain cells

54 sats \ 5 replies \ @fm 8 Jan

you are 100% rigth.. Nowadays you cant have discussions or a real talk. People have been so polarized they attack your view without even trying to understand.. But its the program doing his job.. The people who want you to eat the bugs and have no take you energy sovereignty first, then your cows.. Look at holland.. Well, guess Germany have the same problem regarding farmers

33 sats \ 4 replies \ @TomK OP 8 Jan

It's the same agenda. That's why I moved to the very south of Spain. I couldn't stand this anymore. People here are really based and defend their traditions

33 sats \ 3 replies \ @fm 8 Jan

sometimes i wonder if we have to move to marroco one day to keep using gas and eat beef :)

And marroco for the proximity..

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33 sats \ 0 replies \ @TomK OP 8 Jan

That's real good stuff. Thank You

21 sats \ 1 reply \ @macarena 6 Jan

Successful destruction of wealth.

0 sats \ 0 replies \ @TomK OP 6 Jan

Yes. And a distribution of private wealth to the parasites

21 sats \ 1 reply \ @fm 8 Jan

no gas no chem no nuclear no chem.. easy paying twice for LG is just impossible to keep operative costs

21 sats \ 0 replies \ @TomK OP 8 Jan

One f..ing Euro for each time I tried to explain that to these people and I would be the german Saylor