Construction costs are currently skyrocketing

Contract and trust are all well and good, but if it’s no longer economically feasible, it’s no use. It’s like with gas. If someone at the start of the chain has to work uneconomically, it affects everyone behind them in the medium term. Either through bankruptcy or price adjustments. In the case of bankruptcy, usually both. And you don’t even need your own building code when the Chamber of Crafts publishes the first articles in its member magazine about how to enforce prices ;)

Looks like the "sweet-talking" didn’t work after all – but I think they currently don’t have time to read the member magazine, they’re behind everywhere :D. But jokes aside, you can no more prepare against §313 than against the insolvency of the construction company (disregarding the performance bond). So I’m keeping my fingers crossed for both of us and everyone else and recommend not to drive ourselves crazy about it ;)

On the topic of prices.

Spoke with the GU again yesterday. Currently, prices have stabilized, there are no major jumps anymore, everything is within a single-digit percentage range.

Rebar has even become cheaper. They said availability is also ensured and they can build our house in September.

Today, Habeck also signaled that Canada might still send the turbine to Germany. That would then lower the gas price and somewhat mitigate the risk of an economic catastrophe. I hope for the best.

Today Habeck also signaled that Canada might indeed send the turbine to Germany. That would then lower the gas price and somewhat mitigate the risk of an economic catastrophe

Assuming something was really broken and the turbine is not just a political maneuver ;)

Keep on dreaming, everyone!

From Monday, NS I is closed. Zero gas from Russia. Initially planned for 2 weeks. Whether it continues afterwards is by no means certain.

There is only one way to avoid a catastrophe. NS II must be opened. This alone is of no use.

The NATO troops in the Baltics are being increased from 40,000 to 300,000 soldiers. Sweden and Finland are joining NATO, which leads to further troop deployments to the Russian border. Lithuania continues to block transit to Kaliningrad.
Germany delivers 260 tank wagons of diesel daily to the Ukrainian army. The Americans and Brits do not want to negotiate.
Putin says it hasn’t even properly started in Ukraine yet, and today Blinken yells at Lavrov at the G20 summit.

I don’t know where some people get their optimism from.
Be glad if this doesn’t end in a huge European war. I already see that coming. In at most 2 years. Everyone can prepare for that now.

Be glad if the matter does not end in a massive European war.

Who is supposed to fight a conventional war? The Russians, with the equipment with which they were already unsuccessful in WWII and also do not put on a good show in Ukraine now? Either nuclear war or nothing at all. NATO simply lacks a suitable opponent for a conventional war in Europe.

The Russian currently thinks one could take Alaska back and march straight through Poland to Berlin. Here, both sides want to provoke each other deliberately. From my point of view, this will not bring any peace and will escalate further. The situation was similar in 1937. Hitler had conquered Czechoslovakia and then there was silence until things really kicked off.