{"id":359388,"date":"2024-12-28T09:33:06","date_gmt":"2024-12-28T08:33:06","guid":{"rendered":"https:\/\/climatescience.press\/?p=359388"},"modified":"2024-12-28T09:33:08","modified_gmt":"2024-12-28T08:33:08","slug":"germanys-economic-and-political-suicide","status":"publish","type":"post","link":"https:\/\/climatescience.press\/?p=359388","title":{"rendered":"Germany\u2019s Economic and Political Suicide"},"content":{"rendered":"\n
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<\/p>\n\n\n\n

From The Daily Sceptic<\/a><\/p>\n\n\n\n

By\u00a0Tilak Doshi<\/a><\/p>\n\n\n\n

\"\"<\/figure>\n\n\n\n

It\u2019s that festive time of the year when interesting tales get told around a fireplace. So here goes (minus the fireplace).<\/p>\n\n\n\n

Once upon a time there lived a country that was the envy of the world. It was among the world\u2019s pre-eminent producers of manufactured goods. From chemicals and pharmaceuticals to precision engineering and the brewing of beer, it was second to none. Its people\u2019s work skills, industriousness and discipline became the national hallmark of civilisational success. The country gained fame and fortune in bringing the luxuries of fine automobiles to the world\u2019s rich and aspiring middle classes.<\/p>\n\n\n\n

Alas, a blight visited that once great country not more than a score of years ago, though its destructive seed<\/a> had been planted earlier. It was not some external force or act of God. Rather it was a sickness of the mind, a debilitating disease of the soul, that vexed that country\u2019s ruling class. In restless search for virtue, the country\u2019s rulers paid obeisance to the Goddess Gaia<\/a> and promised the nation\u2019s blood and treasure to satiate her inviolable sovereignty over her earthly domains.<\/p>\n\n\n\n

This, then, is a tale of woe and misery. This Christmas shall not have been one of unalloyed merry times and good cheer. And while beer will have been drunk and dinners eaten in many a hearth and eating place, the lifeblood of that nation shall be constricted and its breathing blocked by a cursed phlegm as normal life resumes in the New Year.<\/p>\n\n\n\n

Within the fateful score of years of becoming afflicted by the primordial cult of Gaia, the world\u2019s envy has now become a sad basket case. Its economy has been tarnished as \u201cthe sick man of Europe<\/a>\u201d.<\/p>\n\n\n\n

The beginning of the end of the German miracle<\/strong><\/p>\n\n\n\n

While the travails of Germany along with the economic stagnation of Europe as a whole have been apparent for some years now, the spate of dire headlines have gathered pace in recent weeks as the coalition government collapsed.<\/p>\n\n\n\n

\u201cBehind Germany\u2019s Political Turmoil, a Stagnating Economy\u201d \u2014 New York Times<\/a><\/em> (December 17th)<\/p>\n\n\n\n

\u201cGermany Is Unraveling Just When Europe Needs It Most\u201d \u2013 Bloomberg<\/a><\/em> (December 15th)<\/p>\n\n\n\n

\u201cEurope\u2019s Economic Apocalypse Is Now\u201d \u2013 Politico<\/a><\/em> (December 19th):<\/p>\n\n\n\n

If Europe \u2013 and its economic powerhouse Germany \u2013 remains on its current trajectory, its future, Politico<\/em> says, \u201cwill also be Italian: that of a decaying, if beautiful, debt-ridden, open-air museum for American and Chinese tourists\u201d.<\/p>\n\n\n\n

The economic rot induced by the adoption of\u00a0Energiewende<\/em>\u00a0policies for the \u201cenergy transition\u201d in 2010 resulted ultimately in the\u00a0recession<\/a>\u00a0of the German economy in the last two years. Among the manifestations of this rot are the growth of\u00a0corporate bankruptcies<\/a>\u00a0in double digits,\u00a0soaring layoffs<\/a>\u00a0as the Federal Employment Agency\u00a0said<\/a>\u00a0that the unemployment figure could exceed the three million marks for the first time in 10 years at the beginning of 2025, and the crown jewel of German industry, its automative sector, announcing\u00a0massive job cuts<\/a>.<\/p>\n\n\n\n

According to a recent poll<\/a>, 40% of industrial companies are currently considering reducing their production in Germany or relocating it abroad due to the energy situation; among industrial companies with more than 500 employees, more than half are now considering this. High labour costs, caused by the myriad regulations of a hyperactive administrative state, and among the world\u2019s highest energy prices brought about by its Energiewende folly, have led to the nation\u2019s de-industrialisation.<\/p>\n\n\n\n

Germany\u2019s governing coalition collapsed after Chancellor Olaf Scholz fired Finance Minister Christian Lindner, plunging Europe\u2019s largest economy into political chaos. This occurred barely hours after Donald Trump\u2019s U.S. election victory triggered existential questions about the future of the Continent\u2019s economy and its energy security. Mr. Trump \u2013 a climate sceptic<\/a> who has promised to bring the U.S. out of the UN\u2019s Paris Agreement and its financial commitments for large scale transfers of funds to developing countries \u2013 will pull the rug out from under the EU\u2019s famed if quixotic climate leadership<\/a>.<\/p>\n\n\n\n

Europe\u2019s economic implosion is self-induced. Its ruling elite’s\u00a0over-tax<\/a>\u00a0and\u00a0over-regulate<\/a>\u00a0the private sector and obsess with promoting unreliable renewable energy to replace fossil and nuclear fuels in its crusade to \u2018save the planet\u2019 from an alleged impending climate apocalypse. Its attempt to blame Russia\u2019s President Putin for high energy prices is\u00a0hollow and self-serving<\/a>.<\/p>\n\n\n\n

Perhaps most revealing of Europe\u2019s regulatory hubris is the Qatari Energy Minister\u2019s recent statement<\/a> that \u201cI am not bluffing\u201d. He warned<\/a> that Qatar, one of the world\u2019s largest natural gas suppliers, would cease gas exports to the EU if the bloc\u2019s countries imposed penalties under recently adopted legislation on \u201csustainability due diligence\u201d. For Europe to tell the world that it would punish foreign countries that did not buy into their \u201csustainability<\/a>\u201d beliefs might seem to most non-European observers as the height of arrogance. But such is the delusionary might of the Gaia cult.<\/p>\n\n\n\n

The EU\u2019s \u201cCorporate Sustainability Due Diligence Directive\u201d, which entered into force in July, allows for fines of up to 5% of a company\u2019s annual global revenue \u201cif the management fails to address adverse human rights or environmental impacts\u201d. Bumptious Brussels bureaucrats seem to believe that their ideas of \u201csustainability\u201d command universal acceptance. This, in a world where China, India, Indonesia, Vietnam and other populous developing countries, accounting for most of the world\u2019s population, are busy expanding their capacity to mine coal and other fossil fuels<\/a> so as to afford their citizens access to affordable and reliable energy.<\/p>\n\n\n\n

Back to barbarism<\/strong><\/p>\n\n\n\n

\u201cLittle else is requisite to carry a state to the highest degree of opulence from the lowest barbarism but peace, easy taxes, and a tolerable administration of justice: all the rest being brought about by the natural course of things.\u201d<\/p>\n\n\n\n

So said Adam Smith, the great sage of political economy, over 250 years ago. Germany has shown that the converse may also be true. To go from opulence to poverty and potential barbarism is but a short road, assured by the burden of high taxes in service of an alleged climate crisis, and an intolerable administration of \u201cclimate justice\u201d that demands suffocating regulations on the private sector.<\/p>\n\n\n\n

Dr. Tilak K. Doshi is an economist, a former contributor to <\/em>Forbes and a member of the C02<\/sub> Coalition. Follow him on Substack<\/a> and X<\/a>.<\/em><\/p>\n\n\n\n

<\/p>\n","protected":false},"excerpt":{"rendered":"

Once upon a time there lived a country that was the envy of the world. It was among the world\u2019s pre-eminent producers of manufactured goods. From chemicals and pharmaceuticals to precision engineering and the brewing of beer, it was second to none. Its people\u2019s work skills, industriousness and discipline became the national hallmark of civilisational success. The country gained fame and fortune in bringing the luxuries of fine automobiles to the world\u2019s rich and aspiring middle classes.<\/p>\n","protected":false},"author":121246920,"featured_media":359396,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_coblocks_attr":"","_coblocks_dimensions":"","_coblocks_responsive_height":"","_coblocks_accordion_ie_support":"","_crdt_document":"","advanced_seo_description":"","jetpack_seo_html_title":"","jetpack_seo_noindex":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2},"jetpack_post_was_ever_published":false},"categories":[1],"tags":[691832321,691818051,691818154,691818181,691832322],"class_list":{"0":"post-359388","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","6":"hentry","7":"category-uncategorized","8":"tag-cult-of-gaia","9":"tag-germany","10":"tag-net-zero","11":"tag-renewable-energy","12":"tag-the-sick-man-of-europe","14":"fallback-thumbnail"},"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2024\/12\/00Germany-alarm-from-locomotive-to-sick-man-of-Europe.jpg?fit=1920%2C1080&ssl=1","jetpack_likes_enabled":true,"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/paxLW1-1vuA","jetpack-related-posts":[{"id":264017,"url":"https:\/\/climatescience.press\/?p=264017","url_meta":{"origin":359388,"position":0},"title":"Germany\u2019s Wind & Solar Obsessed Energy \u2018Policy\u2019 Is National Economic\u00a0Suicide","author":"uwe.roland.gross","date":"26\/06\/2023","format":false,"excerpt":"Germany\u2019s energy \u2018policy\u2019 reads like a national suicide pact, one that\u2019s delivered a perfectly predictable power pricing and supply catastrophe. 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