The War On Cars
APRIL 22, 2024
By Paul Homewood
As you know, I have been warning about this for years:
In a fit of self-loathing, the European Union has begun to destroy the economic engine that pays its bills. Some of this is well known, but some is not, and it will astonish you.
Only nine of the EU’s 27 member states are net budget contributors, and Germany pays the most – around €25bn (£22bn) in 2021. Without the generosity of the Bundesrepublik, the European Commission would struggle to keep the lights on at the Berlaymont.
In turn, that wealth comes from its manufacturing industry. Specifically, from strong global demand for the German vehicles which account for almost three-fifths of Europe’s car exports. As recently as a decade ago, the streets of Shanghai and Shenzhen teemed with German brand SUVs.
So you would think that the regulators in Brussels would show some care to the delicate vase they’re carrying across the room. But not a bit of it.
https://wattsupwiththat.com/2024/04/23/the-war-on-cars/
