Comments by "xcitemex 6" (@xcitemex6353) on "DW News"
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@Sk-po9dx The problem with the "western " way of building infrastructure, is that it's created/given by governments, that seek private enterprise, who then run the finished project.
Governments give it to "create " jobs, private equity firms build and take the profits for the next 30-90 yrs.
So a new highway, is approved by government, tendered out to private equity, who build it but have massive cost over runs that are guaranteed by the government. Then put a toll booth on it , increase prices every year, grab the cash with little to no reinvestment (repairs/maintenance)
When the end of lease comes the highway is in a state of disrepair, and it starts all over again
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@RuskiVanka
Basically the agreement was that NATO doesn't move any further east.
The initial members were Belgium, Canada, Denmark, France, Iceland, Italy, Luxembourg, the Netherlands, Norway, Portugal, the United Kingdom, and the United States.
You can add the rest (18) at you leisure.
But Ukraine was the straw that broke the camels back
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@IK_MK
Bahrain, Cyprus, Egypt, Iran, Iraq, Israel, Jordan, Kuwait, Lebanon, Oman, Palestine, Qatar, Saudi Arabia, the Syrian Arab Republic, Turkey, the United Arab Emirates and Yemen.
Also goes by the name of Middle Earth
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WE WILL SEND RUSSIA BROKE.
Ok how ?
sanctions, price caps.... Hello, not working.
All your prices have gone up, but its Russias fault.
How you sanctioned them.... Then theres talk about price manipulation... HOW?
All commodities are priced in USD$, how could Russia influence this?
But here's the thing, whilst you are paying through the n one for wheat, barley, corn, oil, etc India and Chian are getting massive discounts. what do you think that will do to your industry, and its competitiveness on the global scale price wise?
Here is what i think.....Massive layoffs, and big unemployment. Because companies still want to make a profit, and getting rid of wages is the best way
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Mismanagement of crucial infrastructure.
Once upon a time telecommunications, road building, gas supplies were under the control of the governments.
Yes, we all looked and said they are leaning on shovels , and taking too long, and wasting time.
So governments sold these areas of business off to capital investment firms to collect monies.
They spent that money on growing the size of government and paying themselves salary increases.
The loss was apprenticeships , employment and the ability to co ordinate, and know a one direction.
Capital investment firms don't invest in the infrastructure , they bleed it dry to make more money
They get contractors, who then get more contractors. The contractor who tendered and now realises that they will lose money stops work, or docent pay, meaning those below him go broke.
Therefore cost over runs, time line extensions, and who pays.....The government via the peoples taxes.
Big mistake getting rid of government employees based in critical services
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@Dave1507 "FRANKFURT, Dec 15 (Reuters) - Germany is bleeding cash to keep the lights on. Almost half a trillion dollars, and counting, since the Ukraine war jolted it into an energy crisis nine months ago.
That's the cumulative scale of the bailouts and schemes the Berlin government has launched to prop up the country's energy system since prices rocketed and it lost access to gas from main supplier Russia, according to Reuters calculations.And it may not be enough.
"How severe this crisis will be and how long it will last greatly depends on how the energy crisis will develop," said Michael Groemling at the German Economic Institute (IW).
"The national economy as a whole is facing a huge loss of wealth."
The money set aside stands at up to 440 billion euros ($465 billion), according to the calculations, which provide the first combined tally of all of Germany's drives aimed at avoiding running out of power and securing new sources of energy.
That equates to about 1.5 billion euros a day . Or around 12% of national economic output. Or about 5,400 euros for each person in Germany.
Europe's preeminent economy, long a byword for prudent planning, now finds itself at the mercy of the weather. Energy rationing is a risk in the event of a long cold winter.
The country has turned to the pricier spot, or cash, energy market to replace some of the lost Russian supplies, helping drive inflation into double-digits. There's no security in sight either, with renewables - years away from targeted levels.
"The German economy is now in a very critical phase because the future of energy supply is more uncertain than ever," said Stefan Kooths, vice president and research director business cycles and growth at the Kiel Institute for the World Economy.
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