Construction costs are currently skyrocketing

  • Erstellt am 2021-04-23 10:46:58

Tassimat

2022-05-05 08:35:27
  • #1
I would be concerned if in private all the people from the "higher education circles" have already turned away from you and you have to chase after the "higher education circles" on the internet.
 

Pinkiponk

2022-05-05 08:41:59
  • #2

And we are also happy when you spend more time in the forum. :)
 

Joedreck

2022-05-05 09:15:30
  • #3
I indeed also see it that we are absolutely dependent on gas. Specifically on Russian gas. Firstly because of the supply volume and secondly because of the price. A gas embargo would plunge us into a deep recession and ruin essential economic sectors. That would have massive effects on all parts of society. Therefore, I do not think this step will be taken.
It is equally true that Russia has been preparing the current situation for years. One can clearly see how methodically the sanctions are being handled. Russia has strong gold reserves, is not in debt, and can withstand the sanctions for years. With China on its side, they still have access to essential goods. Because no western nation will want to stop trading with China. This is evident now from the "lockdown" of Chinese ports. Additionally, China is the main creditor of the USA after the FED.
The plan of the German government to impose embargoes only if they can also be withstood for years is therefore exactly right.
However, I disagree with the opinion that Russia can export to China etc. without losses. Perhaps oil, but rather not gas. The infrastructure for that is lacking. Additionally, in that case China will call the shots and ruthlessly dictate prices and conditions.
Whether we like it or not, inflation will continue to soar. Various goods will also remain scarce. An interest rate hike by the ECB cannot be too radical either, as that would massively endanger the refinancing of many companies and states. Over the past years, politics has not only made itself dependent but has also taken away the economic tools to respond to real crises.
I am far from doomsday scenarios, but I do think that in terms of prosperity things will go downhill in the coming years. If it doesn’t happen, great. If it does, one should be prepared.
 

ypg

2022-05-05 09:27:30
  • #4
A forum is there for questions. If you expect answers, then you have to make them visible, and not on the 460th page ;)
 

haydee

2022-05-05 09:29:39
  • #5
I also see a gas embargo as extremely unfavorable. Poorly heated living spaces will be the lesser evil. I know that I will lose everything financially if it comes to that. Russia has the advantage; they have a population that manages with very little to nothing. So now they are planting a few more square meters of potatoes, keeping a few more chickens, and shooting this or that animal. That’s what my Russians here say. "You can’t imagine the poverty most live in and how little they manage with. It hits the middle class in the city who no longer have an old mother in the countryside. The poor, and that is the majority, manage."
 

Benutzer 1001

2022-05-05 09:36:17
  • #6
How do you want to prepare yourself. Garden with vegetables? This Putin supporter already wrote that weeks ago. How right you are, I can remember my childhood in Romania, the neighbors' children came to the city once a month to get food from their parents because there was simply nothing to buy unless you produced it yourself. I was glad to have left that behind and do not understand the Russian fellow citizens that they approve of what Putin is doing, exactly bringing us back there.
 

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