Saturday, March 18, 2023

Five German News Stories

 1.  Focus wrote up a piece this AM....talking over 2030, and the lessening production of cars in Germany.  They 'suggest' that 4-million fewer cars will be built in Germany, and a massive amount of production will shift to China/US.

Big deal?  I doubt that the politicians have fully grasped the number and this will create a huge wave of disgruntlement.  

2.  Arrest warrant for Putin?  On paper now, it exists.  However, you'd have to show up in some country where they would enforce the warrant.  I just don't see Putin traveling that much.

3.  Where is this draft electoral law going?

Several issues: (1) The right to vote is openly discussed for federal elections....dropping down to 16.  If you openly discuss this....it's pretty split among Germans, and I might even suggest some want the law to drift back to age 20/21.  According to law, you'd have to change the Constitution, and that requires a two-thirds mandate.....presently, there's more than enough votes to prevent this.

(2) There's text in the draft to suggest that only an equal number of men and women can be in the Bundestag.  So if you won 120 seats....you'd have to have 60 women to fill these seats.  Nothing said over Trans, and if they'd get representation.

(3) The number of seats in the Bundestag would drift from 736 down to 630 (not the 598 originally suggested). 

(4) Both the Linke Party and the CSU Party would be kicked out.  You'd have to get 5-plus percent in a national election....to get seats.  The CSU, for the record, exists only in Bavaria.  

Lot of hostile feelings over this mandate.  You'd end up with just SPD, FDP, Greens, CDU, and AfD in the group of 630.  

Passing rate?  I'd give it less than a 50-percent chance.

4.  Some NATO report out....suggesting 1,500 Russian soldiers dead each day over the past month.....in Ukraine-Russia war action.  BS-factor?  Just a single week with near 10,000?  That's hard to believe.  There's also a rumor that ammo-wise, Russia is now having issues.  

5.  UBS trying to buy Credit Suisse bank?  Well.....there is this rumor.  Presently, Credit Suisse is in a crappy position and probably at the lowest value of the past forty years.  

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