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58 sats \ 2 replies \ @petertodd 10 Jul \ parent \ on: Record-High Retail Deposits in Germany: result of a lack of financial education econ
Well it's the Ukrainian invasion in combination with the fact that Germany got rid of its nuclear power plants. If Germany hadn't done that, they'd still have cheap power, and the war wouldn't be such a big deal.
Both the energy crisis and the war itself don't help, that's for sure. But none of both are the cause of the crisis, things where going south way ahead. The war was the perfect excuse for blame-laundering.
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