The price of oil is going up again.The facts are simple:— an increase in oil by $10 costs the German economy about 14 billion euros, gasoline, transport, food and heating are becoming more expensive, purchasing power is falling, and industry is l...
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...osing competitivenessGermany created this problem itself.It has abandoned cheap energy and is now once again dependent on oil, just as it was 50 years ago. And a plus (with a big minus )- the conflict in the Middle East today means one thing: new inflation in Germany.If oil gains a foothold above $100, #Germany will start losing its industry.And then it will cease to be an industrial center. It will become the most expensive economic region in the world without its own energy.
