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Ulrik Malmender Economics: “Supply Chains Will Collapse Again”

Ulric Malmender

We now know that the winter of 2023/2024 will not necessarily be easier.

(Photo: Ed Caldwell/Haas College of Business)

Berlin Economics Ulrik Malmender suggests leaving Germany’s remaining three nuclear power plants connected to the grid for longer than planned. “We now know that the winter of 2023/2024 will not necessarily be easier,” the economist from the US University of Berkeley told Handelsblatt.

“That is why it is important to exhaust all possibilities, and this is where nuclear power plants come into play,” Malminder explained. The federal government should not delay this decision again until operators can prepare for it and purchase new fuel rods. The Emsland, Neckarwestheim 2 and Isar 2 nuclear power plants are scheduled to shut down in April 2023.

Aiming at economic development, Malmandière is particularly concerned about the rapidly increasing number of coronavirus infections in China. “Supply chains will collapse again,” said the economist, who has been on the advisory board since the summer. Germany therefore needs a “crash course in protecting China”.

Read the full interview with Ulrike Malmendier here:

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