A warning has been issued by the head of Germany’s Federal Network Agency and it is not good news for what used to be the biggest economy in Europe.
Klaus Muller, whose office oversees regulating Germany’s gas, electricity, telecommunications, postal services and railway markets, has said that the skyrocketing prices are about to send “shockwaves throughout the country.”
During an interview, Muller told German newspaper Rheinische Post, that the outlook for Germany is decidedly bleak and will undeniably be apocalyptic. Germany’s western allies are also in the firing line and the outcome will be destruction for everyone.
“Banks will ramp up their business with installment loans, and ailing companies will fall into insolvency,” Müller warns.
Gas prices are likely to climb higher than an average person can afford and the lack of gas that is expected this coming winter as Russia has slowly closed off supply – is going to spell the end for a lot of people.
“Tenancy law stipulates that the landlord must adjust the heating system during the heating period so that the minimum temperature falls between 20 and 22 degrees Celsius,” Müller says.
“The government could temporarily lower the heating requirements for landlords. We are discussing this with politicians.”
Germany has been hellbent on implementing more green energy, which everyone knows for the most part is expensive and unreliable, and the infrastructure is nowhere near where it would need to be – even if it was reliable – to be able to run an entire country which often has bitterly cold winters.
So-called “green energy” is the new pulpit of the left and it is being pushed across the globe to apparently combat CO2 emissions – even though CO2 is not the cause of all our woes like the militant eco-nuts would have you believe.
While the warnings are coming hard and fast from Muller, Germany has been continuously pushing to ban Russian oil and gas, despite this being the key ingredient for Germany and the rest of the West’s survival.
Remix reported, “Although Germany has pushed for a general ban on Russian oil imports, the country is highly reliant on natural gas from Russia,”
“If Russia were to cut gas in the critical winter months or even restrict supplies, it could lead to critical damage to the German economy, a scenario energy experts have already warned about.”
Instead of coming up with an intelligent plan, like expanding infrastructure for fossil fuels and stopping the ban on Russian imports, Germany will simply ask consumers to use less, even as winter months approach.
“We want to establish mechanisms to reward companies that voluntarily give up gas quotas with a premium,” Müller says. “It is always better when adjustments are made via prices rather than via direct state intervention.”
The irony here is, Muller is working for the government agency that is responsible for all regulations and continuing to ban Russian oil and gas – is state intervention. The policies that have been implemented by his government are to blame for the high prices.
Of note, Russia has not stopped any country from purchasing its oil or natural gas – they just must pay in rubles.
“Gas prices for private households have already multiplied compared to the pre-war period,” Muller is further quoted as saying. “There can be a nasty surprise for tenants if high back payments are due.”
in sri lanka and yemen the poor are starving right now. it is hard to think forward nine months and worry about germany.
All or almost all of these self inflicted woes are coming to a head all over where “green idiots”rule and NWO is calling the shots.People are too gullible to believe these Elite creep.The Earth has changed many times,Ice age melted and no cars,oil companies and very,very few humans like the Cro Magons.They had to leave or get washed away when the ice melted.