Reuters yesterday:
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.
One long word:
Supercalifragilisticexpialidocious?
Nope: de-industrialization.
German: deindustrialisierung.
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Reality Sucks
From a reader after posting the above:
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