Construction costs are currently skyrocketing

2022-09-06 08:24:02

The sanctions are indeed having an impact in Russia. Some are still being circumvented. At the moment, Russian cars (Lada and UAZ) with European equipment are still coming to Germany, but these are only remaining stocks and are transported in refrigerated trucks. Payment is made through banks in China. How long this will continue to work, no idea.

Gazprom has made a huge profit this year, which is really incredible and partly due to the very high gas prices on the stock market. I personally assume that finally there will be movement in the fields of renewable energies, energy storage, and energy saving. I conclude this from OPEC's announcement to reduce production volumes and deliberately keep prices high through artificial scarcity.

My forecast for the future: Renewable energies will be expanded at full speed and there will (finally) be a greater focus on energy saving. The demand for fossil fuels will slightly decrease in Germany (and the EU) next year and will decline more strongly from 2024 onwards and continues to decline ever more.

How can this be achieved? From my point of view, among other things, through the expansion of offshore parks, wind farms, photovoltaic systems, solar and geothermal energy as well as biogas. In parallel, the expansion of hydrogen technology as a storage medium, to convert the currently already excessively produced electricity during peak times, store it and later use it as an energy source. I can also well imagine bidirectional charging of cars to smooth out peak loads. Our hybrid has a 9 kWh battery, which is enough for three days to be self-sufficient.

What does this mean for oil and gas producers? Their business model will become obsolete in the coming years and sales will decrease. Countries whose economies depend on the sale of these raw materials will face massive economic problems and will lag behind development, trying to somehow stop or slow down this development in order to transform their own economy.

You are forgetting one important point. The infrastructure must also be expanded. That means if more people now install photovoltaic systems, it must be ensured that they can also feed electricity into the grid and not have to reduce their feed-in amounts because the lines cannot "handle" it.

2022-09-06 08:29:01

Just a report from the press - I just didn't feel like digging deeper right now.
...

That may be true, but it is also correct that after the collapse of the Soviet Union the Russians had no significant income from industry. Raw materials, raw materials, raw materials - that is the safe bet for the Russians. Currently, record after record of income is being reported. The state treasury is bursting.
And what do we have on the "assets" side?
I find it quite difficult to understand why someone shoots themselves in the foot to prevent another from running.

2022-09-06 08:35:50

Now that is the price of freedom. One can have a different opinion on that, but at the moment only two parties with the corresponding policy would represent this, and with one of them I am not even sure whether they would really not impose sanctions or are only against arms deliveries and training. Whether you want to vote for them next time - that is a personal decision of conscience (fortunately still, in our country). I only point out that they are under observation by the Verfassungsschutz...

2022-09-06 08:36:50

It should be clear that Hungarian/Chinese or Pakistani newspapers write differently than, for example, the American ones. That it hurts a country cut off from Western technology and trade, yes, but also. No matter what Russian propaganda says. At the latest, when the war is over and tens of thousands of people cannot return to their mothers, wives, siblings, children, etc., a house of cards could collapse. Russia was hit by the sanctions more than Putin wants and above all can admit. And we are not talking about the billionaires who no longer have 10 billion in their accounts, but "only" 6 or 5. We are talking about the average citizens.

Russia has been preparing for this situation for at least a decade. They do everything themselves from Allgäu cheese to Bavarian Weisswurst. They even replaced McDonald's in the same way and make their own cola.

In the short term, there are shortages, for example, of cars. But I am sure the Chinese have a great interest in establishing a foothold there or the Turks. Luxury cars like Porsche are still easily available, imported via third countries, bypassing sanctions.

Russia earns much higher revenues from raw materials than before the sanctions. That means the main goal of draining the war chest has definitely not worked.

The population suffers under the sanctions both in Europe and in Russia, not the governments. The big question is only: how should one alternatively react to Putin's war of aggression? There are only sanctions, military action, or nothing at all. All three options are bad.

Therefore, this war should have been stopped in advance. In my view, that would not have been a problem, but the Americans, especially Biden, wanted the escalation. America benefits enormously from it.

2022-09-06 08:51:31

Russia has been preparing for this situation for at least a decade. They do everything themselves, from Allgäu cheese to Bavarian Weisswurst. They've even replaced McDonald's in the same way, and they make their own cola.

Cola by leaving out the syrup and only selling water – tasty, period. Stalinist shortage economy, plain and simple. Otherwise, China certainly won't build anything in Russia, only sell things. Which money ordinary Russians are supposed to buy these with remains unclear – the raw material billions have nothing to do with this, at least.

2022-09-06 08:59:50

Cola by leaving out the syrup and only selling water – tasty and period. Stalinist shortage economy indeed. Otherwise, China will certainly not build anything in Russia, only sell things. It remains open with what money ordinary Russians should buy that – the resource billions have nothing to do with it at least.

But Russians are used to that. Have fun with the Greens, who are currently introducing the Stalinist shortage economy here. Gas prices from 8 cents to 60 cents per kWh. We have no idea how to normalize this again. Companies and gas customers will not survive 12 months of this.

The construction industry will go into short-time work next year, many industrial companies too.

Has anyone thought about what we will do if China attacks Taiwan? Logically, the EU would then have to sanction just as harshly. Only then, that’s it for renewable energies, because we won’t get a single solar module anymore. Producing them ourselves is not possible either, as we no longer have the energy for it.

We are then screwed. Morally, however, we would have been exemplary (okay, not entirely, since Habeck humiliatingly licked the shoes of the sheikhs to get some gas, unfortunately his submission was of no use).

Construction costs are currently skyrocketing

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