While there is some truth to that, energy prices are lower than at the start of the war.
> - The available replacements are going to be even more expensive (and they are still closing more nuclear plants)
There are no nuclear plants left. And Germany just got 12.6 billion from auctioning of building rights for 4 new wind parks (with capped price limits of 6.3ct/kW/h.
> - The competitives was bad even before this (VW vs Tesla anyone?)
How is that? VW has a quite broad electric car range by now. Tesla is hip (which VW also tries to be) but that's about it
> - Once the huge layoffs and closures will begin, the entire economy will enter recession
The german labour market is quite strong (except maybe construction, but there's not many germans working there anyways). Problem is rather that too many people are retiring (and that the average age is so high)
> So... who nows. Germany is probably going to pull a "Greece" on us :).
The budget of the german state is almost balanced. How does it look in the US?
