JUST IN - German government announces a price cap for household and business natural gas prices at a total cost of up to €200 billion.
— Disclose.tv (@disclosetv) September 29, 2022
German finance minister: "We're in an energy war with Russia!"
Price cap for households and business? While seeing a spike in consumption? What could go wrong with this!JUST IN - Germans consumed 14.5% more natural gas last week than in the same week in previous years.
— Disclose.tv (@disclosetv) September 29, 2022
Federal network agency now warns urgently: Save more to avoid a gas shortage in the winter.https://t.co/8ppa1tUoil
This is what could go wrong!JUST IN - Inflation in Germany jumps to 10% in September — the highest annual increase in the history of the index since World War II.
— Disclose.tv (@disclosetv) September 29, 2022
If I'm tracking things correctly, Germany is seeing double digit increases in inflation every month since July.
This will not end well.
The only reassuring thing about this is that civilians will finally face the consequences of war. Despite all efforts to keep conflict confined to areas far from the West, the reactions of leadership are ensuring that populations AT HOME (I keep replaying Bush Jr responding to a reporters question about how Americans can help with the war effort and he said "go to the mall" or go shopping...such a lost opportunity to unite the country over a common goal!) will feel the full force of hyper aggressive foreign policy. At the end of all this perhaps we'll see revitalized State Depts worldwide.
War/conflict/military action is always an answer.
Sometimes though its not the CORRECT answer. The West needs to relearn diplomacy and pair the big sticks with carrots.
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