In the past, German engineering was incredibly highly regarded for its precision and excellence. However, in recent times Germany has lost its reputation due to its misguided attempts to tackle climate change, which will fail in practice. The most recent development is the closure of Germany’s last nuclear power stations, which are by far its most reliable and cheapest source of energy. This has led to a 45% price increase in electricity for German consumers.
As Germany continues on its anti-nuclear and anti-fossil fuel path, it is only a matter of time before internal fighting and fragmentation occur. The citizens of Germany will start to wake up to the reality of the asylum they are now living in.
The breakup of the European Union (EU) power base is now more likely than ever before, and this will mean an increase in tyranny from the globalists. Wealthy individuals have already started to migrate out of the EU, and the next group will be those who are newly impoverished. This will result in the implosion of the EU.
The pace of change is accelerating, as the collapse of complex systems changes the ability to enforce control. This has led to the rush to implement central bank digital currencies (CBDCs), which will provide total control over the populace.
Coal is likely to become the dominant source of energy, as nuclear power stations are shut down. Coal companies are expected to trade at lower P/Es but will provide considerable returns to shareholders. Underinvestment may account for the lack of capex spending in this area.
The hard part of the coal trade (in fact, most trades) is staying strong in the face of volatility and doing nothing.
