German Economic Minister Can’t Answer Questions About Businesses Shutting Down

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During an interview, Tuesday night on ARD, German Minister of Economics Robert Habeck faced questions about potential bankruptcies and business closures. He said businesses not operating doesn’t mean they will go insolvent. Businesses losing money doesn’t mean they will go bankrupt.

The interviewer pressed, but he stuck to his answer. He blathered about expensive rolls from the bakery. The interviewer suggested he come up with a better answer.

Reuters reports that he faced backlash today. Members of Parliament saw him as helpless.

Habeck’s comments come as economists and industry groups warn that rising energy prices are a growing risk for Germany’s medium and small-sized businesses, which form the backbone of the economy, Reuters said.

The German economy is on the brink of collapse.

Germans are facing extraordinary increases in energy. The people can’t function. To ease the pain, Habeck plans to change the way electricity is charged. The price is tied to gas, and he will decouple it for now. According to the article, electricity can be made cheaply with renewables.

He’s also looking at a windfall tax.

Habeck is tied to the World Economic Forum and neck-deep in extreme climate policies. How did all these people in the West get so crazy? Watch the clip:


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GuvGeek
GuvGeek
2 months ago

Hold on! The German economy is in Collapse and will take Europe with it. A Worldwide Depression is just around the corner.

The Prisoner
The Prisoner
2 months ago

If corrupt people can take you down right in front of your eyes, and you do not realize it, or think otherwise, what value do you have in life?

Germans were taught propaganda since WW2, which supposedly was intended to teach them to avoid totalitarianism. They are about to fall again. But in the first case, in the 1930s, they were drawn in due to great economic hardships and the other mistreatments from WW1. In this case, the Germans are taking themselves down. There is much less reason for Germans to fall into this now than there was in the 1930s.

Peter B. Prange
Peter B. Prange
2 months ago

Those faced by question that reveal their stupid, illogical positions, like Biden press secretaries lie and change the subject. It is the same the world over.
Question: according to the article: “Electricity can be made cheaply with renewables.” Then why has ‘renewable ‘ energy caused my electric rates to climb so rapidly? And does “cheap” including materials and clean-up costs of worn out units?