Trump Rally has a new secret sauce

[k1976]

The €650 Billion Exodus at the Heart of Germany’s Political Turmoil​

Chancellor Olaf Scholz’s fractious coalition struggled to stem a massive capital drain, which threatens to accelerate after Donald Trump’s re-election.

The Volkswagen factory in Zwickau, Germany. The carmaker plans unprecedented factory closures in Germany, while operations in China remain insulated.
Photographer: Iona Dutz/Bloomberg
By William Wilkes and Alexander Weber
7 November 2024 at 2:51 PM SGT
Updated on
7 November 2024 at 5:00 PM SGT
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Looming large in the hours between Donald Trump’s election victory and the late-night collapse of Germany’s government is a crisis of competitiveness that has sapped life from Europe’s largest economy.
Companies including chemicals giant BASF SE, auto supplier ZF Friedrichshafen AG and home-appliance maker Miele & Cie. KG have shifted resources outside their homeland, leading to a net outflow of capital of more than €650 billion ($700 billion) since 2010, according to figures from the Bundesbank. Almost 40% of that has taken place since 2021, when Chancellor Olaf Scholz’s fractious coalition was voted into power.

 

[k1976]

Sit tight and Huat Well

 

[Leongsam]

You wanna know the primary cause of the exodus? It's all about going green and "saving the planet" regardless of the consequences.

Would you want to run a factory where energy costs are 2x to 5x more expensive compared to what your competition is paying?

 

[syed putra]

Germany and japan and now France for some strange reason shut their nuclear power plants.
Data centres now want nuclear fuel as it's considered green.

 

[k1976]

Germany and japan and now France for some strange reason shut their nuclear power plants.
Data centres now want nuclear fuel as it's considered green.

Use so many years, many wear and tear, bro
U look at our East West line, u know liao

Many these nuclear reactors are build in 1960-70