1. VW announced yesterday....by 2030, it will have cut another 50,000 employees. Less profit....less sales....lot of blame going toward E-car technology.
If you lined up a hundred working-class Germans...I'd say only around 10-percent 'thrilled' to buy into E-cars. If you heavily discounted prices....you might get another 5-percent. Gov't policy and EU regulations....were detrimental to the whole German car industry.
2. The German police in Rosenheim....arrested a guy who had spat at a train attendant. So it turns out...he was a Somali, who already had court action going on....benefit fraud and document forgery. On the books....he was already going to spend four months in jail.
3. Some German went and did a speed camera inventory of the sixteen German states. Oddly....Baden-Wuerttemberg had the record....14 cameras per 100,000 residents. Hessen followed, with around 12 speed cameras per 100,000 residents.
At the bottom of the list? Bavaria, with two speed cameras per 100,000 residents.
Any logic to it? No.
My village (4,000 residents) has zero speed cameras. Over the hill....3 km away...another village (10,000 residents)....with five speed cameras.
4. EU talking up advocating nuke energy....yeah, shocker.
5. Talk started up....gov't talking of adding a special tax on gas-companies in Germans....if they make too much money.
About half the politicians seem to be shaking their heads.....that it'd only get passed down to consumers.
6. Economist Marcel Fratzscher, the president of the German Institute for Economic Research (DIW), gave a talk.....very negative about a forecast for economic growth in Germany.
"These two, three, five percent growth figures that some people still have in mind, – that's no longer happening. Because, we are a shrinking country and we lack the workforce."
Oddly, if you think about it....the CDU was elected into place to lead the economy back to a more positive position. If they can't do it....it's pretty crappy.
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