Michael Nicolletos
π€ SpeakerAppearances Over Time
Podcast Appearances
And having this question unanswered, I think says a lot about how Europe operates.
Now going to Germany.
Germany did the first grave mistake of depending all its energy resources on Russia.
The second big mistake was to destroy all its nuclear plants.
They destroyed their nuclear plants.
In this age, they destroyed it before building new ones.
And then they, now you're going to laugh at this one.
And then they found out about Duncan Flute.
Duncan Flute is when there is no wind and no sun.
When there's no wind and no sun, all your green energy, which is solar and wind, produce zero energy.
And suddenly they realized that wind, at least in Greece, I don't know in Germany what the numbers are, and Greece is a sunny country and a windy country.
So in Greece, wind is 21% of the year.
There's a utilization of 21% per year.
And for sun, solar is 18%, I think.
So I imagine that for Germany is less than that.
I don't know the numbers.
So that's the second mistake.
And the third mistake is,
They've decided not to put any tariffs on Chinese goods being imported into Europe.
So you have China dumping all their products into Europe when Germany was the number one engine.