While Europe has been keeping a generally optimistic facade ahead of the coming cold winter, signaling that it has more than enough gas in storage to make up for loss of Russian supply even in a "coldest-case" scenario, behind the scenes Europe's largest economy is quietly preparing for a worst case scenario which include angry mobs and bankruns should blackouts prevent the population from accessing cash.
As Reuters reports citing four sources, German authorities have stepped up preparations for emergency cash deliveries in case of a blackout (or rather blackouts) to keep the economy running, as the nation braces for possible power cuts arising from the war in Ukraine. The plans include the Bundesbank hoarding extra billions to cope with a surge in demand, as well as "possible limits on withdrawals", one of the people said. And if you think crypto investors are angry when they can't access their digital tokens in a bankrupt exchange, just wait until you see a German whose cash has just been locked out.
/shit gets real when you can’t stay warm and your kids go hungry and no amount of woke green proselytizing will change the outcome.
How's that British sabotage of the pipeline working out for you all in Germany now? Huh?!
Brrrrrrr! It's getting cold outside.
I hear there are now mass layoffs in industry due to lack of gas supplies. Weep--weep, sniff, sniff!
Interesting facts... before and right up to WWI Russia was Germany's largest trading partner, ditto right up to WWII and ditto up to a few months ago.
How's that NATO agreement working out for you all now? Huh!?
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