German here, yes we unexpectedly thrive with renewables, especially PV. With wind we lack a bit, and with storage.

I guess the thrive came through soaring energy costs due to the Ukrainian war. For farmers it’s currently more profitable to rent their land to solar PV plants than sowing crops.

Weil man in 13 minuten eine ICE Fahrt, zwei Fußwege sowie drei Busfahrten hinter sich bringen kann?

Except when no one wants shovels anymore.

There is an easy solution for the defenseless soldiers: stay at home.

Hmmm consider that Nvidia currently has a market share of 95% for ai chips and a market cap of 3 trillion $. If ai hype crumbles they are going to “deflate” fast.

Yeah that’s 2014 tech. Just a robot butler, https://youtu.be/7LLxI5L_5jg

There are some factors to consider:

• They have a law called “schuldenbremse” since 2011 that forbids the state to take loans for investment/subventions. That kind of worked as intended https://de.statista.com/statistik/daten/studie/154798/umfrage/deutsche-staatsverschuldung-seit-2003/ but not investing at low interest rates (2010-2020 at ~1%) is controversial among economists. Also at corona there was a exception.
• Germany’s economy is export based. Now almost every country is struggling with post corona effects. Therefore everyone tries to support their local businesses. Germany has the schuldenbremse.
• The real estate market was about 40% overvalued and bureaucracy with corona did it’s best. Now the market is struggling to keep alive. No seller accepts the lower prices, banks already adapted and demand high securities. More people have to rent, rent rates hike, people struggle with rates and don’t consume as much.

As personal experience: My wife and me are struggling to get a home in the range ~500-800k, we got 20% down payment and with income we are in the upper 10% of all dinks in Germany. Still struggling to get a home worth the price and getting credit for.