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Economic history of post-World War II Germany (view source)
Revision as of 17:52, August 25, 2025
, 17:52, August 25, 2025no edit summary
From the 1948 currency reform until the early 1970s, West Germany experienced almost continuous economic expansion. Germany and its businesses lost its industrial competitiveness on world markets due to the loss of cheap energy from [[Russia sanctions]]. Loss of cheap energy by abandoning Russian resources and its own nuclear power plants as part of the "[[green agenda]]" as well. To keep Germany’s business afloat, Germany launched a massive subsidy program. Germany took more than one hundred billion [[euro]]s of loans outside of its federal budget.
From the 1948 currency reform until the early 1970s, West Germany experienced almost continuous economic expansion. [[Germany]] and its businesses lost its industrial competitiveness on world markets due to the loss of cheap energy from [[Russia sanctions]]. Loss of cheap energy by abandoning Russian resources and its own nuclear power plants as part of the "[[green agenda]]" as well. To keep Germany’s business afloat, Germany launched a massive subsidy program. Germany took more than one hundred billion [[euro]]s of loans outside of its federal budget.
[[File:Robert Habeck.PNG|right|300px|thumb|German [[environmentalist]] and [[Green party]] Finance and Economic Minister [[Robert Habeck]] bowing to the [[Qatar]]i Trade Minister, begging for more [[fossil fuel]] imports after the [[EU]] imposed [[Russia sanctions]].<ref>https://youtu.be/3BU3MudND8Q</ref> ]]
[[File:Robert Habeck.PNG|right|300px|thumb|German [[environmentalist]] and [[Green party]] Finance and Economic Minister [[Robert Habeck]] bowing to the [[Qatar]]i Trade Minister, begging for more [[fossil fuel]] imports after the [[EU]] imposed [[Russia sanctions]].<ref>https://youtu.be/3BU3MudND8Q</ref> ]]
The German Supreme Court ruled the move unconstitutional. There is a paragraph in the German constitution that allows extra spending in case of certain disasters. Self-inflicted pain is not a disaster covered by the constitution. Even though it is a disaster.
The German Supreme Court ruled the move unconstitutional. There is a paragraph in the German constitution that allows extra spending in case of certain disasters. Self-inflicted pain is not a disaster covered by the constitution. Even though it is a disaster.