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Thread: Deutsche Bank Now Modeling German Households Chopping Wood To Keep Warm This Winter

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    Default Deutsche Bank Now Modeling German Households Chopping Wood To Keep Warm This Winter

    "Wood will be used for heating purposes where possible,"



    https://www.zerohedge.com/markets/de...ep-warm-winter

    Democrycy
    2 hours ago

    The best part is that heating with oil or coal is illegal in Germany. With no gas, millions of people are left with a very few options only. There are not enough wood to burn to warm up a country the size of Germany and it will be very expensive not many could afford that.

    GEG 2020 erlaubt Ölheizung und Kohleheizung nur in Ausnahmefällen

    https://www.energie-fachberater.de/b...hmefaellen.php

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    Social Unrest Risks Rise As German Power Prices Squeeze Households

    "If we get social unrest, the state won't be able to cope."

    Germany is a hotspot for energy discussions because it has Europe's largest economy and population and is the continent's biggest customer of Russian NatGas. The problem Germany faces ultimately spills over into the rest of Europe.

    https://www.zerohedge.com/commoditie...eze-households



    Ofelas
    1 hour ago

    German has an energy deficit and a gas deficit, required as a feed to chemical products!

    Without the 3 remaining Nuclear Power stations, the blackouts coming will be severe. With these power stations the blackouts will be short and dispersed - but they will happen!

    Besides the quantity of energy, the price is obviously an issue, current prices will rise and are already severely impacting German manufacturing. Ministers warn, this state will continue for the next 4-5 years. German industry will leave the country, and likely to leave the EU (same madness, vdLiar ...)

    German manufacturing leaves or companies falter, the unemployment will skyrocket with estimates 6 million additional unemployed. As a comparison, the number would equal 24mn in the US. Germany collapses, the Euro collapses and the EU collapses!

    Can Klaus and friends imprint a new order and new money or does social cohesion, and the knowledge of the real culprits here, spread faster than their efforts to enslave us?

    This is the race between the Davos agenda and the people! The EU is toast, next will be the US.


    bankerbob
    1 hour ago

    The Germans are going into a recession and will not recover for decades. Germany is an export economy with no one left to export to.

    TBT or not TBT
    13 minutes ago

    And a rapidly diminishing supply of Germans to work.

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    1 hour ago
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    With a 40-hour week as a full-time employee, you'll earn a minimum salary of €1,811 per month! Lets say €2100 Netto.

    All prices are average and can differ:

    Prices per Month:


    Rent: between 600 -1100 EUR

    Petrol/Diesel: 400 - 600 EUR (average commute work, shop, family visit 30km)

    Car Repairs: 200 - 1000EUR

    Insurance: 40-120 EUR

    Food: 350+ EUR

    UTILITIES: 400 - 600 EUR after gas shut down.

    Do the calculation.

    Only to pay for the basics you will be short of 500 EUR in average every month.

    If you're working class (as many of the German immigrant communities are) you're fu*ked.

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