This is indeed good news for the climate, but at the same time bad news for the employees. The German government should now expand (actually reinstate all the services they have reduced) the rail service. Service on or driving on a train cannot be that different than doing the same in a plane. Paid retraining can begin as soon as the lockdown is over. So stop giving money to the airlines, and use it to invest in public transport.
There’s reason to believe that the combination of high levels of public and private indebtedness combined with high interest rates could lead to financial trouble in the not-too-distant future. In Ann Pettifor’s Substack. Read the […]
Qatargate is merely the tip of the iceberg Read Here
A disappointing shrinking of the German economy in the second quarter illustrates how difficult it will be to escape the current dismal combination of both cyclical and structural headwinds Read HERE
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