The Dismal Minister
Sep 09, 2022
Nobody is going to halt the fixed costs of businesses: rent, insurance, property taxes, necessary utilities, basic maintenance, increased loan payments thanks to lockdowns and high interest rates, etc.
The German Minister of Economics, Robert Habeck:
— TheRealTom™ ✊ (@tomdabassman) September 7, 2022
'Bakeries, craft businesses, cleaning companies.... they can just stop producing this year, but they don't go insolvent. They don't work into the red.'#Germany #EnergyPrices #Energy pic.twitter.com/A9poyIZkjk
The stunned reaction of the interviewer says it all. Let's see how long it takes before they make nice with Putin.
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