Saturday, May 28, 2022

German News Obsevations

 1.  N-TV  news brought up this topic of Ukrainian kids in Germany and the need for additional instructors.

According to them....around 242k Ukrainians juveniles are in Germany presently, and the 'system' says at least 13,000 additional teachers/instructors are needed.....to ensure their education continues.

Where they find find this group of 13k?  According to the journalists.....several German states are calling up retired German teachers, and asking to come back for a year.

2.  NRW's state trend is leading to a CDU-Green state government (yeah, a shocker for the SPD folks).

3.  It's a general mystery, but from this C02 tax going on....the idea is that 'poor' or 'working-class' Germans will get a chunk of money as 'relief' if you make 4,000 Euro or less as gross.

Now, you can argue that the C02 tax is filtering into just about everything (food, hotels, fuel, etc).....so everyone (including the working-class) is throwing money at the C02 tax, and it somehow will flow back into your pocket....to pay more C02 tax.

4.  There's a suggestion out there....after 1 June, with the 32-Euro cent discount on each liter of gas (only for June, July and August)....that the fuel rate will continue to move up.

Example, this week for E10 unleaded, cost was around 2.10 Euro per liter.  In four days, it'll be discounted to 1.78 Euro per liter.  If the suggestion is correct....by early August (while still in the discount era)....you would likely be paying near 1.90.  So when September arrives....sticker shock would occur where you'd be paying 2.22 Euro.

I'd expect September to be a pretty miserable economic month in Germany.

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