Situation in Europe - November: Part Two (Survival Lilly)

#1
C C Offline
PREVIOUS INSTALLMENT: Situation in Europe - November: Part One


SURVIVAL LILLY
https://youtu.be/wma2JjUHU08

VIDEO EXCERPTS: Let's start with some news from Germany. They now want to increase the property tax by 75%. Tax increase is something that we are seeing very often here in Europe.

That's because most of the countries have a lot of debt from the pandemic and because of the war in Ukraine.

Big companies like Audi and Volkswagen are in real trouble. They are not selling a lot of cars because people don't have money to purchase new cars anymore. So the industry is suffering, and of course that means that the government has less taxes.

Finally, they are now admitting that we are in a recession. [...] So because people are spending less money, the government has less sales tax, and this is why they want to increase property taxes, because the property tax you always have to pay.

[...] So actually the government is making it worse by increasing taxes in a recession.

[...] Donald Trump has won the election, and what happened then in Germany was really interesting. Because two days after the election, the Coalition in Germany has broken apart. Then the Germans said that they want to make a new election...

[...] In November, we had a really dark period where there was no sun, only clouds, and no wind. So because of this, we had a high electricity demand, but all the solar panels and wind turbines could not make enough electricity. As a result, the electricity price was 10 times what it usually is. Who is going to pay for that? It's the consumers [...] companies need electricity and in the end the cost will be passed on to the products, they will get more expensive...

Situation in Europe - November (Part 2)

https://www.youtube-nocookie.com/embed/wma2JjUHU08
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#2
Yazata Offline
Apart from better weather than Germany, California where I live is pretty much the same. And unlike Germany, we won't be having new elections in February (we are a third-world-style one-party-state).

The similarity to Europe is because our ruling party absolutely idealizes Europe (or at least the European socialists) and tries to model state policies on those of the more "progressive" European countries, which they imagine are more 'advanced' than the United States, somehow.

We are facing a 50 cent/gallon increase in our already highest in the US gasoline prices, because of a mandated new fuel blend required to "save the planet". Our 1960's electric grid is overloaded by twice the population that we had then. We are running out of water because environmental activists prevent any new dam construction. The state government is facing a $70 billion budget deficit (and Sacramento can't just print money like Washington can). Meanwhile corporations and US citizens are leaving the state, replaced by immigrants (many of them illegal). So schools, hospitals and public services are collapsing from fast growing demand by those least able to pay, while the state's taxpayer base is shrinking. Our rulers have the choice of cutting services (anathema to socialists who derive their power by promising free stuff) or raising what are already among America's highest state taxes.
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