Comments by "Jaydon" (@jaydon707) on "Brits put on 'red alert' as expert warns of 'extreme conditions' hitting UK" video.
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RND: German Chancellor Scholz's past mistakes have led to billions in losses in Germany. German Chancellor Olaf Scholz, formerly finance minister, has made financial policy mistakes that are costing the country billions of euros, Redaktionsnetzwerk Deutschland (RND) writes, citing an internal Finance Ministry document. In the structure of Germany's debt, the share of inflation-linked bonds is about 5 percent, but the cost of payments on them reaches a quarter of the total amount needed to service the public debt. “Betting on forever low inflation when taking on debt was a mistake that is now becoming very costly for taxpayers,” said Dietmar Bartsch, leader of the left-wing parliamentary group. The shortage of gas, as well as the high cost of food and energy resources, provoke an even greater acceleration of inflation.
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