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❗️🇩🇪 Germany's downfall has begun - Negative Trade Balance⚖️- Why "Germany's Business Model Is Actually Gone"
@Schuldensuehner at @welt, 🇺🇸 #subtitles Slavyangrad
Twitter version for Retweets🔻
https://twitter.com/DeuNachrichten/status/1544179883014000641
@Schuldensuehner at @welt, 🇺🇸 #subtitles Slavyangrad
Twitter version for Retweets🔻
https://twitter.com/DeuNachrichten/status/1544179883014000641
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Forwarded from Holger Zschaepitz
https://twitter.com/Schuldensuehner/status/1544571635256201216 Good Morning from #Germany where imports from #Russia hit highest since 2014 due to higher energy prices. Rolling 12-month imports from Russia rose to €39bn by the end of Apr despite sanctions, help fill Putin's war chest. https://t.co/QEdb2706AP via @Schuldensuehner
Twitter
Good Morning from #Germany where imports from #Russia hit highest since 2014 due to higher energy prices. Rolling 12-month imports from Russia rose to €39bn by the end of Apr despite sanctions, help fill Putin's war chest.
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Forwarded from Holger Zschaepitz
https://twitter.com/Schuldensuehner/status/1544910386364923904 Good morning from #Germany where #recession fears are on the rise. 2022 growth forecasts have already plummeted to 1.7% from 4.5% at one point. The danger of recession is also becoming visible in bond mkts. 10y German bund yields have virtually collapsed from 1.9 to 1.2%. https://t.co/2mYKdzwKwy via @Schuldensuehner
Twitter
Good morning from #Germany where #recession fears are on the rise. 2022 growth forecasts have already plummeted to 1.7% from 4.5% at one point. The danger of recession is also becoming visible in bond mkts. 10y German bund yields have virtually collapsed…
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Forwarded from Holger Zschaepitz
https://twitter.com/Schuldensuehner/status/1545755076601470976 Good Morning from #Germany which is preparing for natural gas shortages, chancellor Scholz says while EconMin Habeck warns of a social rift should an energy nightmare occur due to a lack of gas supplies from Russia. Gas in Europe is already 8 times more expensive than in the US. https://t.co/e7P3aNR68h via @Schuldensuehner
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Forwarded from Holger Zschaepitz
https://twitter.com/Schuldensuehner/status/1546131677939916800 Good morning from #Germany, which no longer has a listed company in the top100 when measured by mkt cap. The largest company, SAP, ranks 112th w/a market capitalization of $111.5bn. And overall, Germany - still the world's 4th-largest econ - has just 14 companies in global Top500 https://t.co/F25HV38gGa via @Schuldensuehner
X (formerly Twitter)
Holger Zschaepitz on X
Good morning from #Germany, which no longer has a listed company in the top100 when measured by mkt cap. The largest company, SAP, ranks 112th w/a market capitalization of $111.5bn. And overall, Germany - still the world's 4th-largest econ - has just 14 companies…
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Forwarded from Holger Zschaepitz
https://twitter.com/Schuldensuehner/status/1546251809722884099 The fall of #Germany in one chart: German total mkt cap as % of global mkt cap has hit another All-Time low at 1.94% due to underperformance of German stocks and Euro weakness. https://t.co/kIpzf4Livo via @Schuldensuehner
Twitter
The fall of #Germany in one chart: German total mkt cap as % of global mkt cap has hit another All-Time low at 1.94% due to underperformance of German stocks and Euro weakness.
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Forwarded from Holger Zschaepitz
https://twitter.com/Schuldensuehner/status/1547138719727190018 Good Morning from #Germany where food prices jumped 12.7% YoY in June, the highest food price #inflation since the start of the statistic. https://t.co/d7NdbFXyFR via @Schuldensuehner
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Forwarded from Holger Zschaepitz
https://twitter.com/Schuldensuehner/status/1552168907825356801 This horror chart suggests that #Germany is heading for a huge energy crisis. Not only are gas prices near record highs, but electricity prices in particular are signaling stress. https://t.co/8zxueSGhxh via @Schuldensuehner
Twitter
This horror chart suggests that #Germany is heading for a huge energy crisis. Not only are gas prices near record highs, but electricity prices in particular are signaling stress.
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Forwarded from Holger Zschaepitz
https://twitter.com/Schuldensuehner/status/1560164760859058177 Good Morning from #Germany where gas to last <3mths if Russia cuts supply even if reserves are replenished in line w/govt targets. Refilling gas inventories to 95% full by Nov would only cover 2.5mths of heating, industrial & power demand if Russia cuts off supplies completely. https://t.co/BtFbgahpdQ via @Schuldensuehner
X (formerly Twitter)
Holger Zschaepitz (@Schuldensuehner) on X
Good Morning from #Germany where gas to last <3mths if Russia cuts supply even if reserves are replenished in line w/govt targets. Refilling gas inventories to 95% full by Nov would only cover 2.5mths of heating, industrial & power demand if Russia cuts off…
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Forwarded from Holger Zschaepitz
https://twitter.com/Schuldensuehner/status/1561933722299031552 Good Morning from #Germany, which continues to descend in global pecking order. Mkt cap of all German stocks has fallen to 1.86% of world mkt cap, fresh low. In addition to European energy crisis reason is weak Euro. It is below par w/Dollar. There are only 99.4 US cents for 1€. https://t.co/3aUD14xfYJ via @Schuldensuehner
Twitter
Good Morning from #Germany, which continues to descend in global pecking order. Mkt cap of all German stocks has fallen to 1.86% of world mkt cap, fresh low. In addition to European energy crisis reason is weak Euro. It is below par w/Dollar. There are only…
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Forwarded from Holger Zschaepitz
https://twitter.com/Schuldensuehner/status/1563416712707710976 Good Morning from #Germany, which is heading toward an electricity crisis. The 1y ahead power price has skyrocketed to almost €1,000 per megawatt hour. The electricity price has risen by 720% ytd. Such increases will bankrupt many energy-intensive firms. https://t.co/UI7RYTpJ61 via @Schuldensuehner
X (formerly Twitter)
Holger Zschaepitz on X
Good Morning from #Germany, which is heading toward an electricity crisis. The 1y ahead power price has skyrocketed to almost €1,000 per megawatt hour. The electricity price has risen by 720% ytd. Such increases will bankrupt many energy-intensive firms.
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🇩🇪🇷🇺🇺🇦 Yesterday there was news about a drop in pressure on both strings of the Nord Stream 1/2 gas pipelines passing along the bottom of the Baltic Sea. Already today, the German media reported that what happened could be a targeted sabotage.
Let's take a look back at what happened a week ago:
▪️ On September 22, the FSB reported on the prevention of a terrorist attack on the Turkish Stream pipeline, organized by the Ukrainian special services. The security forces detained five people, confiscating two explosive devices, assembly instructions, coordinates and correspondence with curators from them.
▪️A day earlier, on September 21, a marine drone of an unknown model with English markings washed up on the shores of Sevastopol. Another similar one was destroyed on the outskirts of the Russian naval base.
We are not the only ones who think that what happened at Nord Stream, the attempted terrorist attack on the gas pipeline to Turkey, and unknown UAVs caught in the Black Sea are very similar to a targeted attack on the Russian gas transport infrastructure?
#Germany #Russia #Ukraine
@rybar
https://t.me/rybar/39420
Let's take a look back at what happened a week ago:
▪️ On September 22, the FSB reported on the prevention of a terrorist attack on the Turkish Stream pipeline, organized by the Ukrainian special services. The security forces detained five people, confiscating two explosive devices, assembly instructions, coordinates and correspondence with curators from them.
▪️A day earlier, on September 21, a marine drone of an unknown model with English markings washed up on the shores of Sevastopol. Another similar one was destroyed on the outskirts of the Russian naval base.
We are not the only ones who think that what happened at Nord Stream, the attempted terrorist attack on the gas pipeline to Turkey, and unknown UAVs caught in the Black Sea are very similar to a targeted attack on the Russian gas transport infrastructure?
#Germany #Russia #Ukraine
@rybar
https://t.me/rybar/39420
Telegram
Рыбарь
🇩🇪🇷🇺🇺🇦 Вчера появилась новость о падении давления на обеих нитках газопроводов «Северный поток-1/2», проходящих по дну Балтийского моря. Уже сегодня немецкие СМИ сообщили, что произошедшее могло быть целенаправленной диверсией.
А теперь вспомним события…
А теперь вспомним события…
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On the night of September 30 to October 1, at least 12 unknown drones appeared over the German training ground in Wildflekken, where the Ukrainian military is being trained to drive Dingo armored vehicles.
/build/
It should be noted that earlier the appearance of UAVs, which are associated with Russian intelligence, has already been recorded over the training centers of the Ukrainian military in Europe.
#Germany
@new_militarycolumnist
https://t.me/new_militarycolumnist/92994
/build/
It should be noted that earlier the appearance of UAVs, which are associated with Russian intelligence, has already been recorded over the training centers of the Ukrainian military in Europe.
#Germany
@new_militarycolumnist
https://t.me/new_militarycolumnist/92994
Telegram
Военный обозреватель
В ночь с 30 сентября на 1 октября над немецким полигоном в Вильдфлеккене, где проходят подготовку вождению бронеавтомобилей Dingo украинские военные, появились не менее 12 неизвестных беспилотников.
/Bild/
Отметим, что ранее появление БПЛА, которых связывают…
/Bild/
Отметим, что ранее появление БПЛА, которых связывают…
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Forwarded from Holger Zschaepitz
https://twitter.com/Schuldensuehner/status/1577182701190533122 Good morning from #Germany, which frightens other EU countries when, like the others, it incurs large debts at times and uses its financial solidity to avert economic damage to companies and consumers. https://t.co/DhC1kudT8C https://t.co/C7wX7sTmRT via @Schuldensuehner
Bloomberg.com
Germany’s Fiscal Force Is Worrying Other European Nations
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Forwarded from Holger Zschaepitz
https://twitter.com/Schuldensuehner/status/1577540676010614786 Good Morning from #Germany, which is not benefiting from the weak #Euro. The export nation's trade balance slipped to a slim €1.2bn in Aug because imports are becoming more expensive & exports are not growing accordingly. The terms of trade are thus deteriorating sharply. https://t.co/mSZ58co88N via @Schuldensuehner
Twitter
Good Morning from #Germany, which is not benefiting from the weak #Euro. The export nation's trade balance slipped to a slim €1.2bn in Aug because imports are becoming more expensive & exports are not growing accordingly. The terms of trade are thus deteriorating…
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Forwarded from Song of Oil and LNG
🇩🇪German authorities to provide gas to consumers at the expense of increased national debt
Germany is planning to increase national debt in order to provide gas to consumers. The state is ready to allocate subsidies amounting to €91 billion for 2023. They will allow households to buy up to 80% of the gas they need at a preferential fixed price, and industry - up to 70%.
The German government will consider the proposals of the expert group to introduce a ceiling on gas prices for German consumers. There are plans to set the maximum gas price for households at €0.12 per kWh (about €1.32 per cubic meter, in October the price was €2 per cubic meter) for the period from March 2023 to April 2024.
Gas recipient companies will be allowed to sell "preferential gas" at the market price. Industrial companies will have to retain at least 90% of their jobs and not to transfer production to other countries.
The total amount of subsidies to reduce energy costs will amount to €200 billion and also include a reduction in gas tax from 19% to 7% and other measures.
#Germany
@songofoil
Germany is planning to increase national debt in order to provide gas to consumers. The state is ready to allocate subsidies amounting to €91 billion for 2023. They will allow households to buy up to 80% of the gas they need at a preferential fixed price, and industry - up to 70%.
The German government will consider the proposals of the expert group to introduce a ceiling on gas prices for German consumers. There are plans to set the maximum gas price for households at €0.12 per kWh (about €1.32 per cubic meter, in October the price was €2 per cubic meter) for the period from March 2023 to April 2024.
Gas recipient companies will be allowed to sell "preferential gas" at the market price. Industrial companies will have to retain at least 90% of their jobs and not to transfer production to other countries.
The total amount of subsidies to reduce energy costs will amount to €200 billion and also include a reduction in gas tax from 19% to 7% and other measures.
#Germany
@songofoil
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Forwarded from Song of Oil and LNG
🇩🇪Germany abolishes wind farm to expand lignite coal mine
Berlin decided to dismantle a wind farm to make way for an expansion of an open-pit lignite coal mine.
The dismantling of at least one wind turbine at the wind farm close to the German coal mine Garzweiler, operated by energy giant RWE, has already started. The company also indicated at the end of September that three of its lignite-fired coal units that were previously on standby would return to the electricity market on schedule this month.
Now the company is expanding the lignite mine at Garzweiler after a court in Münster in the western German state of North Rhine-Westphalia ruled in favor of the energy group in a land dispute in March this year to expand the lignite mine.
#Germany
@songofoil
Berlin decided to dismantle a wind farm to make way for an expansion of an open-pit lignite coal mine.
The dismantling of at least one wind turbine at the wind farm close to the German coal mine Garzweiler, operated by energy giant RWE, has already started. The company also indicated at the end of September that three of its lignite-fired coal units that were previously on standby would return to the electricity market on schedule this month.
Now the company is expanding the lignite mine at Garzweiler after a court in Münster in the western German state of North Rhine-Westphalia ruled in favor of the energy group in a land dispute in March this year to expand the lignite mine.
#Germany
@songofoil
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OUCH! IMF has cut #Germany's econ growth in 2024 to 0.2%, after projecting a 0.5% rise in its January forecast. Europe's biggest economy is predicted to have the weakest growth of all G7 industrialized nations for the current year. For 2025, IMF revised German growth to 1.3% from prev 1.6%. IMF said this is due to persistently weak consumer sentiment. In the long term, the IMF's main concerns for Germany are structural problems such as the decline in the working population and obstacles to investment. With its forecasts, IMF is still slightly above market consensus compiled by Bloomberg.
-
Holger Zschaepitz @Schuldensuehner
Asbery's Opinion: Germany is the economic engine of the EU and a slowdown in Germany will lead to reduced growth throughout Europe. The scary thing is these are structural problems and I've yet to hear a solution by the German government.
#Source
@Slavyangrad
-
Holger Zschaepitz @Schuldensuehner
Asbery's Opinion: Germany is the economic engine of the EU and a slowdown in Germany will lead to reduced growth throughout Europe. The scary thing is these are structural problems and I've yet to hear a solution by the German government.
#Source
@Slavyangrad
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Forwarded from The Islander
🚨 🇩🇪Baerbock’s nightmare week continues! Following her African sex tourism scandal, she’s now implicated in a Schengen visa scandal. How much longer will Germany tolerate this? #Germany #Scandal #WakeUp
German Foreign Minister Annalena Baerbock is under fire for her involvement in a visa scandal, allowing several nationals from Afghanistan, Syria, and Turkey to obtain Schengen visas using forged documents. Despite officials claiming only 19 cases are under investigation, hundreds are reportedly being examined.
In February 2023, reports indicated that some of these individuals might be foreign secret agents. The German Embassy in Islamabad even warned that a family of seven given admission promises might have deliberately been given Afghan nationality.
Investigators are scrutinizing past visa decisions that permitted unauthorized entries, while Turkish applicants face challenges finding available Schengen visa slots due to the ongoing scandal.
As scandals pile up, Baerbock's credibility is in tatters. The misuse of power and public resources must end. How long will the world tolerate this corruption?
🎙Subscribe @TheIslanderNews
German Foreign Minister Annalena Baerbock is under fire for her involvement in a visa scandal, allowing several nationals from Afghanistan, Syria, and Turkey to obtain Schengen visas using forged documents. Despite officials claiming only 19 cases are under investigation, hundreds are reportedly being examined.
In February 2023, reports indicated that some of these individuals might be foreign secret agents. The German Embassy in Islamabad even warned that a family of seven given admission promises might have deliberately been given Afghan nationality.
Investigators are scrutinizing past visa decisions that permitted unauthorized entries, while Turkish applicants face challenges finding available Schengen visa slots due to the ongoing scandal.
As scandals pile up, Baerbock's credibility is in tatters. The misuse of power and public resources must end. How long will the world tolerate this corruption?
🎙Subscribe @TheIslanderNews
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Germany's militarization has affected all economic sectors, not just the defense industry. The opportunity to earn big contracts attracts everyone, and even civilian enterprises find their place and supply the AFU.
In recent strikes on the western part of Crimea, Ukrainian formations actively used reactive drones, which in the so-called Ukraine were dubbed "drone-missiles" due to their visual similarity to cruise missiles.
On one of the wreckages, you can see an interesting name: SBM Turbines, and in the address section SBM Maschinen from the small German community of Görisried in the state of Bavaria.
🔻 What is this company?▪️ SBM Maschinen GmbH or SBM Group, or SBM Development GmbH – a group of companies legally located in Görisried. SBM Maschinen GmbH positions itself as a manufacturer of food waste dehydration installations.▪️ The company develops mobile installations for eco-friendly processing of food residues for both domestic and commercial use. Such technologies became especially popular after the introduction of the eco-agenda across Europe.
🔻
So how does SBM Maschinen produce jet engines for the AFU?
➡️
As it turned out, the company has a subsidiary called Rotortec. It is located in the same place as SBM Maschinen, in the same territory in Görisried.
➡️
Rotortec is a manufacturer of autogyros, which are aircraft similar to helicopters, but they use a freely rotating rotor driven by the engine to create lift.
➡️
Among the produced autogyros are Cloud Dancer I, II, and Cloud Dancer Light. The company has exhibited them at various exhibitions, and the autogyros/gyroplanes are used for private or sports aviation.
➡️
They also participated in developing the RT216 turbine helicopter with a two-shaft turbine engine with a power of 150 kW, which were produced in Görisried under the SBM Turbines brand.
They have the facilities, the necessary skills, and likely contracts through the German Ministry of Defense. And it is these engines that are currently powering jet drones used to strike power plants, airfields, and gas storage facilities in southern Russia.
#Germany #investigation #Russia #Ukraine
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