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Building an energy system dependent on Russian gas is, and always was an idiotic thing to do. I live in Finland, and our energy costs are pretty back to more or
by rwyinuse 1y ago
Building an energy system dependent on Russian gas is, and always was an idiotic thing to do. I live in Finland, and our energy costs are pretty back to more or less what they used ot be, even though we live next to Russia.
I don't know where you're from, but at least Germany's problems run way deeper than their idiotic energy policies. Lack of investment in infrastructure, lack of innovation and all that. Even with cheap energy there's no way German car makers would compete, when Chinese make better EV's for less money. Laziness and lack of innovation is the problem, just like in European IT sector, which just buys everything from America.
Also, let's not forget the huge impact Covid spending had on inflation, and in turn interest rates & people's purchasing power. Ukraine war and sanctions against Russia are completely insignificant compared to that blunder. We're living the recession that was supposed to happen in 2020.
- deleted 1y ago[deleted]