#EU Germany cuts back on Green Tech as COP28 commits to Green Tech. Antonia Colibasanu, @GPFutures
The John Batchelor Show
John Batchelor
4.5 • 2.8K Ratings
🗓️ 14 December 2023
⏱️ 10 minutes
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Summary
#EU Germany cuts back on Green Tech as COP28 commits to Green Tech. Antonia Colibasanu, @GPFutures
https://geopoliticalfutures.com/germanys-budget-crisis/
https://www.msn.com/en-us/money/markets/germany-clinches-last-minute-2024-budget-deal-keeps-debt-brake/ar-AA1lsgos
1907 Berlin
Transcript
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| 0:00.0 | This is a CBS I in the world. I'm John Bachelor. |
| 0:08.0 | Sonaya Romania in Transylvanian Alps. I welcome Antonio Kalabashano of geopolitical futures of subscriptions |
| 0:18.9 | that I highly recommend to speak of Germany, to speak of Ukraine, to speak of the European Union, to speak of |
| 0:27.6 | reconstruction in Ukraine. But we begin with Germany because that story is fresh. |
| 0:34.2 | The Germans have a quandary. |
| 0:35.6 | I follow Antonia's reporting of what to do about a budget |
| 0:40.2 | and stay within its promises, its expectations. |
| 0:44.0 | And the EU about how much they can spend, how much debt they can take on, |
| 0:49.0 | and at the same time, new pledges for supporting weapons and defense of Ukraine. |
| 0:54.0 | All of that led to Olav Schulz the Chancellor not having a solution |
| 0:59.0 | because he rules a coalition that is at odds with how much they can spend, how much they have to spend, how much they can borrow. |
| 1:07.0 | And Tonya, a very good evening to you. When you first posted this piece, the Germans were in heated dispute and driving that dispute is one |
| 1:16.3 | they lost their biggest and best trade partner that would be China because of |
| 1:20.9 | China's disorder following the COVID and two they lost their |
| 1:25.3 | biggest energy supplier. That would be Russia having to do with the Ukraine war. |
| 1:28.7 | They've been in ferocious conference ever since as the leading state of Europe. |
| 1:34.3 | The news now, have they settled things? |
| 1:37.1 | Have they stopped the spat and come to an agreement? |
| 1:40.2 | Good evening to you. |
| 1:41.2 | Good evening. Well, they have settled some things. However, not everything was settled. So they have a draft budget, which means that they have a paper that they will submit to their parliament that |
| 1:58.1 | needs to approve this by year end. |
| 2:01.0 | And as you and I know, Christmas is coming and the holidays are coming. So it is yet |
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