Wednesday, October 19, 2022

Five German News Stories

 1.  Aldi Nord (the grocery chain) announced a change due to the heat/electricity crisis.  They will no longer stay open to 10 PM at night.  They will go to a 8 PM closure.  

Just the beginning....I expect all of the grocery chains to do the same thing, and some even resorting to a 6 PM closure on Saturday evenings....to save on heat and power.

2.  Some political figure for the FDP Party (millionaire)....was on a public forum show, and a question came up about the cost of butter.  He had absolutely no idea what the current cost of butter was up to.  But I doubt if he's actually been in a grocery store in at least a decade.

My wife on the other hand?  She can cite pricing for fifty-odd products.....week to week, and probably knows more on economic trends than half the politicians in the Bundestag.

3.  The German Ministry of Health is wrapping up it's draft of how cannabis (weed) can be legally sold in Germany.  20 grams or less....would be legal to hold in your hand....on the street.  Age?  Minimum of 18.

THC limit?  Well.....level of 15.  This part of the draft is going to disappoint some hard core users of marijuana.  

4.  There's some financial chatter in Germany going on....about business relationships back in China, and the belief that a banking and finance 'collapse' is going to occur 'shortly' (meaning in the next six months).

It's worrying some German business folks because they exported to China a good bit.

5.  Nord Stream 'damage' on number one?  Well.....50 meters of pipe are gone.  

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