spockman wrote:
Trick wrote:
I don't think think this is the Dems fault considering it is worldwide phenomenon.I'd say that all gov'ts in major countries share some of the blame. When major countries like US, Germany, France, Britain etc all over stimulate their economies at the same time this is the result. It is clear they did it because it was popular to do during covid. Small countries like Canada get sucked along for the ride. Small countries did have policy options such as Canada could have produced and transported natural gas to tidewater but didn't do thus shooting themselves and the Europe in the foot. Germany comes begging for natural gas and we promise hydrogen that we have not even started making yet. In addition to all that it was/is popular to not produce enough oil and gas in these countries and in the case of Europe depend on Russian oil and gas.
Smarter countries like Norway are cashing in. As is the Netherlands although they are killing their highly productive agricultural sector due to climate initiatives.
How did the stimulus from 18 months ago cause Germany's energy prices to increase by 19%, food prices to increase by 17%, and CPI be 11.6% in October?
As for Germany producing oil and gas....they don't. It was a major mistake for them to get hook on Russian gas. Bush, Obama, Trump, and Biden warned them repeatedly that exactly what is happening today would happen. They didn't listen.