Yesterday 02:55 AM
PREVIOUS INSTALLMENT: Europe taxed to death during swelling energy crisis
SURVIVAL LILLY
https://youtu.be/RurNTuJpu50
VIDEO EXCERPTS: The first news that I want to read to you is this one from the CEO of Dräger. And Dräger is a German company that makes medical and safety devices like this gas mask.
The CEO of the company sharply criticizes the current government. Many people assume that prosperity is created by the state and not by companies. He is concerned that both elected officials and the general public are losing sight of the origins of our prosperity. Prosperity arises solely from entrepreneurial activity.
According to Dräger, the current government is setting the wrong incentives, but he's even more worried about the European Union than about the federal government. The EU methane regulation stipulates that from 2027 onwards, importers of soil, natural gas, and coal must comply with strict documentation requirements.
Among other things, importers are required to document how much methane is emitted during the extraction, processing, and transport of crude oil and natural gas. Failure to comply with these documentation standards can result in exorbitant fines.
So this is one thing that the Germans are dealing with. They're dealing with more and more bureaucracy, and this makes a lot of companies leave the country also. Now in Germany they are thinking about stopping the decommissioning of some nuclear power plants and activating them again. But actually this is not really economically feasible.
[...] Also very concerning to me is this article here. They're writing about the Ukraine war in a German newspaper. Since the outbreak of the war, Ukraine has undergone a breathtaking transformation. The country has long since become an influential security factor for Europe. I have to say I strongly disagree with this article. I think that the war has just brought death and destruction to the country.
There's a lot of pro-war propaganda going on right now in Germany. Also, there's a new law that young men from 17 to 45 have to seek special permission if they want to leave the country for longer than three months. So a lot of signs are pointing to the possibility that Germany might prepare for a war, and that's very concerning.
[...] The Iran war is putting a strain on Germany; material shortages are increasing rapidly. Also now Belgium is reacting, and it's halting the dismantling of nuclear power plants. Apparently, they also wanted to get rid of nuclear power, but now they are making a turnaround...
Why Europe is doomed ... https://youtu.be/RurNTuJpu50
https://www.youtube-nocookie.com/embed/RurNTuJpu50
SURVIVAL LILLY
https://youtu.be/RurNTuJpu50
VIDEO EXCERPTS: The first news that I want to read to you is this one from the CEO of Dräger. And Dräger is a German company that makes medical and safety devices like this gas mask.
The CEO of the company sharply criticizes the current government. Many people assume that prosperity is created by the state and not by companies. He is concerned that both elected officials and the general public are losing sight of the origins of our prosperity. Prosperity arises solely from entrepreneurial activity.
According to Dräger, the current government is setting the wrong incentives, but he's even more worried about the European Union than about the federal government. The EU methane regulation stipulates that from 2027 onwards, importers of soil, natural gas, and coal must comply with strict documentation requirements.
Among other things, importers are required to document how much methane is emitted during the extraction, processing, and transport of crude oil and natural gas. Failure to comply with these documentation standards can result in exorbitant fines.
So this is one thing that the Germans are dealing with. They're dealing with more and more bureaucracy, and this makes a lot of companies leave the country also. Now in Germany they are thinking about stopping the decommissioning of some nuclear power plants and activating them again. But actually this is not really economically feasible.
[...] Also very concerning to me is this article here. They're writing about the Ukraine war in a German newspaper. Since the outbreak of the war, Ukraine has undergone a breathtaking transformation. The country has long since become an influential security factor for Europe. I have to say I strongly disagree with this article. I think that the war has just brought death and destruction to the country.
There's a lot of pro-war propaganda going on right now in Germany. Also, there's a new law that young men from 17 to 45 have to seek special permission if they want to leave the country for longer than three months. So a lot of signs are pointing to the possibility that Germany might prepare for a war, and that's very concerning.
[...] The Iran war is putting a strain on Germany; material shortages are increasing rapidly. Also now Belgium is reacting, and it's halting the dismantling of nuclear power plants. Apparently, they also wanted to get rid of nuclear power, but now they are making a turnaround...
Why Europe is doomed ... https://youtu.be/RurNTuJpu50
