Deplorable Yankee
Diamond Member
In the last few months energy costs in Germany have increased by more than an order of magnitude, and are expected to rise further. The devastating effects on German industry can no longer be glossed over, and many enterprises are closing plants, laying off workers, and contemplating bankruptcy.
Below are two articles about the energy situation in Germany. Many thanks to Hellequin GB for translating these pieces.
The first is an article from Junge Freiheit:
The second article is from Der Wochenblick:
It was only a matter of time before they duplicated what they did to hamburg across the nation
Below are two articles about the energy situation in Germany. Many thanks to Hellequin GB for translating these pieces.
The first is an article from Junge Freiheit:
DIHK raises the alarm
No more contracts: Companies are cut off from electricity and gas
Berlin
The Association of German Chambers of Industry and Commerce (DIHK) is sounding the alarm: “More and more companies are telling us that they no longer have any supply contract for electricity or gas. The tap is being turned off in the truest sense of the word,” DIHK President Peter Adrian told RND. “But without energy, no economy can run.” In addition, energy prices have reached a level that threatens the existence of many companies.
The second article is from Der Wochenblick:
Steel companies, large bakeries, nitrogen plants, suppliers
Energy price horror: Germany’s industry is being rounded up
The traffic light government* is bringing about the deindustrialization and economic collapse of Germany at a rate that even the most pessimistic skeptic would not have believed possible. The delusional adherence to the suicidal energy transition, which has been endangering the energy supply for a long time, and the sanctions imposed on Russia without rhyme or reason, are driving energy prices to ever new astronomical heights and forcing more and more companies to stop their production or to permanently move abroad.
Against this background, the announcement by Europe’s largest steel group, Arcelormittal, that it is closing its production facilities in Germany must be seen as a beacon. The company said: “In Germany, the consequences, since not all systems can be operated economically any longer […] The exorbitant rise in energy prices is having a massive impact on the competitiveness of steel production.”
An Ice Age Descends on German Industry | Gates of Vienna
gatesofvienna.net
It was only a matter of time before they duplicated what they did to hamburg across the nation