Tag: green energy

Germany: First Export Deficit Since 1991

Germany’s economy has been relying on an export surplus for decades, but exploding energy prices, in combination with a rigid transformation to renewable energies, has caused imports to exceed exports in value for the first time in more than 30 years.

How Should the West Deal with the War in Ukraine?

There are a few things that the West can do. One is to follow the Latin motto “Si vis pacem, para bellum,” or “If you want peace, prepare for war.” This certainly applies to the Benelux, Germany, and Sweden, whose armed forces have been severely weakened over the past three decades.

The Hurdles to European Prosperity

Rather than sinking further into debt to maintain current, high levels of government spending, it is time for Europe’s leaders to fundamentally reconsider their economic and social policies. It is time for them to adopt an entirely new program for economic prosperity.

ECB Says Green Energy Causes Inflation

Speculating on the transition into a future of so-called renewable sources, the European Central Bank warns of three “interrelated shocks” with rising energy prices.