1. If you write down the top 500 German companies that produce 'something' that requires a serious amount of electricity....at least half or more....will relocate production outside of Germany (leaving the HQ's and development site alone).
Reason? They can't compete because of the grid rates. Countries like Hungary, Poland, Czech, Romania, France....will benefit.
2. GDP will lessen.....by 10-to-20 percent...because of production moving elsewhere.
3. Because of lessening pensions and cost of living....an increasing number of German retirees will start to view leaving (for places like Philippines, Vietnam, Thailand, Romania, Bulgaria, Poland).
4. I expect some national scandal to develop....where a quarter of all German 'kids' age 17/18...can't read/grasp beyond the 6th grade level. Politicians will ask....how was this possible, and how they can meet obligations to major companies.
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