The AfD and its devastating effects on Germany's economy and environment

The AfD and its devastating effects on Germany's economy and environment

According to a report by www.fr.de, describes Prof. Dr. Rainer Grießhammer describes the possible devastating consequences if the AfD implements its program. This would have far-reaching consequences for the German economy and society. According to the German Institute for Economic Research (DIW), implementation of the AfD's basic program and European election program would lead to high economic losses and a loss of more than two million jobs.

The export-oriented German economy would be massively damaged, especially if it were to leave the EU or re-establish itself as a “Federation of European Nations”. Furthermore, the AfD rejects social policy measures that would divide society. Reducing taxes for richer households and rejecting support for poor households are just a few examples.

When it comes to climate policy, the AfD is extremely radical and rejects any climate protection measures. As a result, climate protection laws, CO2 taxes, EU emissions trading, the energy transition and renewable energies are rejected. The planned funding of nuclear power plants and the rejection of building insulation are further points of concern.

These political measures would have a significant impact on the entire market and the financial industry. Economic instability and job losses would be inevitable. In addition, energy policy decisions could lead to increased dependence on other countries and endanger the sustainability of energy supplies.

Overall, the article makes it clear that the possible implementation of the AfD program would have drastic effects on the German economy and society, which should be viewed and evaluated critically in advance.