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Msg  449904 of 452391  at  9/21/2022 9:57:50 PM  by

ycdv

The following message was updated on 9/21/2022 9:58:46 PM.

From a friend in Germany - things are not looking good...

The economic situation is becoming more and more scary here. In our
county of about 110,000 inhabitants people are talking about 50,000
potentially jobless people when we have not got enough natural gas for
our three relatively large chemical plants. The prices of food,
particularly, of bakery products are close to double like the prices in
pre-crisis time. How far people will peacefully tolerate the option of
loosing life standard I cannot say but the atmosphere is getting
stranger every day. It might be more than the consequences of war in the
Ukraine. In some way, the middle class is the big
looser again
.
 
 
Note: My friend is Hungarian German. (As a child he lived through Russia's invasion of Hungary, saw the piles of bodies in the streets... and eventually was able to move to Germany.) He a world class scientist with over 20 patents in his field. He lives in an industrial area. He included some thoughtful articles about the Ukraine situation, but those go beyond the scope of this board. 
 
 


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Replies
Msg # Subject Author Recs Date Posted
449908 Re: From a friend in Germany - things are not looking good... Under the Radar 80 9/21/2022 10:26:24 PM
449936 Re: From a friend in Germany - things are not looking good... vanv0028 2 9/22/2022 3:15:15 AM
449957 Re: From a friend in Germany - things are not looking good... billege_idiot 0 9/22/2022 7:58:49 AM
450172 Re: From a friend in Germany - things are not looking good... realinvestmentstrategies 3 9/22/2022 9:17:38 PM




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