Sunday, June 18, 2023

Three German News Items

 1.  President of Germany (Frank-Walter Steinmeier) spoke yesterday over AfD Party: "AfD pretends to people that we live on an island".  

He's labeled their positions as fake/fraud.  He took on both the positions of climate change (which probably now includes the heat-pump agenda), and immigration/migration....as examples.

In some ways, he may be correct on positions taken as not having a lot of thought put into them.  But over the past decade, you can look at the Scholz and Merkel coalitions....as having stumbled around.  So the idea of 'trusting-in-coalition-solutions' probably is at a all-time low.  

2.  WELT had a piece this AM talking over efforts by middlemen (not saying they are Germans) who are subverting the trade-ban with Russia.  The term 'shadow-trade' gets uttered now.  

3.  WELT also ran a piece that talked about the lack of building permits (lowest rate in 20 years).  Blame?  Regulations in various communities have made the permit business more difficult.  Interest rates are way up.  Then of course....inflation is making things hard to predict.  I should note....building materials (like nails/screws) have been a problem for craftsmen to obtain.

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