Politician Says Germans to Go Back to 1970 Living Standards

Related: Europe to be Hit Hardest in Upcoming Global Economic Collapse

This is goofy.

Living standards were better in 1970, across the board. Men could get married and have kids on a single income. Everyone is sort of aware of that.

RT:

Germany’s economic prosperity is in jeopardy due to a “complete failure” of the government’s energy policy, the head of the Free Democratic Party’s (FDP) parliamentary group in the Landtag of North Rhine-Westphalia, Henning Höne has said.

He told newspaper Die Welt on Monday that the country’s living standards could drop to the level of 1970. “In the face of a completely imploding energy transition, we have to ask ourselves: In ten years, will there still be someone who will produce here and sell their product internationally? We must answer that,” Höne said.

The MP urged people “to realize the seriousness of the situation,” noting that a number of companies, from Lanxess to BASF, say they are ready to invest anywhere but Germany. “Our small and medium-sized businesses are also under pressure. Many observers warn that our country may soon become CO2-neutral, but poor,” Höne added.

The politician believes that due to arrogance and absolute complacency in Germany, these risks are ignored.

We have been deprived of all sources of energy except Russian gas – and that is blocked. The situation in North Rhine-Westphalia, the most energy-intensive region in Germany, is especially dramatic due to energy prices. The German business model is under strong pressure,” Höne explained.

Germany’s entire business model is over. For whatever reason, they built the business model around cheap Russian energy, and that is now officially gone forever.

What it is actually going to be is “worse than ever before.”

Even in pre-technological times, you had reliable heat sources – and you didn’t have to work yourself to the bone to afford it.