Quote (Black XistenZ @ 3 Dec 2018 12:51)
of course italy's economic problems predate the migration crisis. the reason I'm not strictly against Salvini despite his (and his party's) problematic economic policies is that they are only a problem for the rest of the eurozone because of the euro itself. without the misconstructed euro, italy could simply create higher inflation and keep its debt in check this way. I actually think that Salvini wants to leave the Eurozone in the long run, which is a stance I'd agree with. Italy's financial policy just doesnt fit a currency union. so when it comes to the euro itself, and the question whether it should be defended "whatever it takes", or whether it should rather be rescinded, I and many "right-wing populists" are on the same page as Salvini.
on top of that, as I explained yesterday, I consider the migration crisis to be the more pressing problem right now. as I said: only after the migration is under control does it make sense to turn back to our other domestic issues, which of course includes the financial instability and economic divergence in europe.
italy leaving the euro could turn out to be interesting, they have way over 400 billion of target2 debts, most of it they owe the german bundesbank
have fun paying for that salvini, but its clear that they dont intend to
however leaving the currency would still be very painful for italy, no shadow debt financed imports, no party
Quote (Black XistenZ @ 3 Dec 2018 12:58)
just to clarify this: the biggest factor in power prices is the oil (or gas or coal) price, which is heavily influenced by the state of the world economy. therefore, I chose 2009 as the starting point since that's the year in which the current economic cycle started.
moreover, what you wrote isnt even true. 2009 did not have extremely low grid fees in the sense of "an outlier", the years before it had even lower grid prices. it was after 2009, and even more so since 2011, that grid fees went through the roof.
which is the start of our energy policy madness, as i described
Quote (EndlessSky @ 3 Dec 2018 12:48)
Thats funny, from your graphic the costs now would be lower than 2012 if not for the taxes.
some people just read statistics like they want and if it doesnt work they make something up