Even countries like Germany, where the power supply is in the hands of the private sector and not in government control, the price that people pay for electricity was increased by 40% in 2022.
Germany’s “solution” is to give subsidies to the poor so that they can afford to pay for the power that they need in order to survive!
The German public and many other nations are now literally without power, in a practical sense, as well as in a political sense. If those subsidies were withdrawn, the people would be unable to survive. The people are now dependant on their government, who could use this power (excuse the pun) against them.
Power shortages and price hikes are also crushing the middle- and working-class, who can’t afford to live off-grid, buy lithium-ion batteries, or convert their businesses to solar power.
Unaffordable power and load shedding is wreaking havoc on the economy, and causing the loss of even more jobs in an economy that was already severely depressed – where there are unacceptable and tragic levels of unemployment.
