The German economy, once the powerhouse of Europe, is currently facing a myriad of challenges that are threatening its stability and growth. The country, known for its efficiency and innovation, is now in a state of crisis with its infrastructure crumbling and its economy lagging behind its neighbors.
The collapsed Bridge in Dresden serves as a stark reminder of Germany’s faltering ability to withstand pressure and adapt to changing times. The ambitious switch to sustainable production is moving at a slow pace, while the restructuring of industry is faltering. The question remains – are companies not doing enough, or is government policy stifling innovation?
In a recent video titled “Recession and a deadlocked government: Is the German economy going down the drain? | To the Point,” experts discuss the reasons behind Germany’s economic woes and what needs to be done to turn the situation around.
The general consensus among the experts is that Germany is in a state of insecurity, with a dysfunctional government that is failing to address the mounting challenges. The lack of true leadership in the government is exacerbating the situation, causing uncertainty to spread throughout the country.
While Germany’s science and innovation sectors remain strong, there are concerns about the weak risk-taking culture and unfriendly environment for companies and entrepreneurship. The labor market is also seen as overly regulated and complex, hindering growth and innovation.
The conversation also delves into the mistakes made by key government figures, such as Economics Minister Habeck and Chancellor Scholz. The current coalition government is perceived as incapable of solving the country’s problems, leaving many wondering about the future of the German economy.
As Germany grapples with these challenges, it is clear that urgent action is needed to prevent further decline. The country must address its issues with infrastructure, regulation, and leadership to regain its status as a global economic powerhouse. Only time will tell if Germany can rise to the occasion and steer its economy away from the brink of disaster.
Watch the video by DW News
Video “Recession and a deadlocked government: Is the German economy going down the drain? | To the Point” was uploaded on 10/17/2024 to Youtube Channel DW News
Germany ruined itself
decouple from China stop taking orders from America drop the liberal stuff take charge do what you do best with strong willed determination work hard move forward
Germany ready to sacrifice itself for Zelensky
No russian ressources = the end of the german economy
Journalists interviewing journalists… DW, you can do better….
Germany need to lower taxes and have its job market open to a global talent. Applies to all EU. I am Canadian and would love to contribute to one of the EU economies but it is virtually impossible to immigrate via work or startup programs(without significant cash).
The sick man of Europe
Subservience to Washington's interests at the cost of europeans interests is ruining europe!
Invest in green energy. That way you won't need the oil. Create nuclear power and wind, solar power.
Welcome immigrants to fill low end jobs. Plenty of Eastern European immigrants would love to live and work in Germany. That way you have neighbors moving in and allies.
Greatly reduce trade with China and hostile nations. Stopping your reliance on nations that exploit you or do not provide economic benefits is key to turning this around. It will take years, but it will make your economy stronger.
It's over..
The worst is coming soon
Bring in more immigrants again from middle east
thanks for Zalensky
Nord stream
The UK and German economies are both doing bad kinda like in Eurovision every year
Cheap Russian gass has been the back bone of German economy but now, the US blew up the nordstream. And Germany keeps quiet . While the US economy grows
Time and again the so called economists and experts proven that their predictions were never correct about recessions.
They completely missed about the past recessions in time , instead many aruged that everything was all right.
This kind of debates invokes false alarams using numbers and fear mongore in the society.
A very informative discussion about the German economy.
Western europe economies was solely dependent on Russian cheap gas
The US screwed Germany when it destroyed the Nordstream pipeline. Biden was stood next to Sholtz when he threatened it. (see YouTube). but no direct mention of it here. Only that Germany is facing an energy problem, especially the chemical industry.
The Chinese all over the world did not think favourably of Germany for sending their gunboat to Taiwan Straits.
You cannot manifest economic growth with a different mindset. That is not economy, that is a horoscope.
One thing that they mentioned is absolutely right. If you work with German colleagues you know how risk averse the culture is. Sometimes it's as if admitting a mistake or failure could be the worst thing that can happen. People have to be allowed to fail to a certain extent if you have to take risks. If you don't take risks you stagnate.
The agenda 2030 and the suicidal energy policies are the biggest problem and the Germans keep denying it is.
Of course uts going down the drain.
Just count the billion euros donated to Zelensky & Co
And the billions spent in the magnificent Afghanistan democracy buliding operation
And the billions euros destroyed in NordStream 2 by key allies
Truely great way to spend German taxpayers money
Germany once laughed at Trump’s advice 6 years ago. Their arrogance is their biggest problem
The emotions in this talk, no expertise
God gives technology and a squeezed brain lol how can humanity have free will, control and value technology and make your own money and trade directly
They got money for wars but can't feed the poor!
Only the original five BRICS countries have a combined population of 3.25 billion people, which is over 40 percent of the world population. More and more countries are joining BRICS. There is no more west east but the Global South and North.
A wise panel with good observation and suggestion.
No surprise.Look who's running the show.
Trump warned them, and they all laughed at him. Now the Germans are learning the hard way.
the mistake Germany made is following USA into war with Russia. and getting its oil/gas blown up… the war was avoidable. we didnot need ukraine in nato. neutral was fine.
whooda known? it's all in your head well, at least you clowns aren't blaming rusia, russia, russia, russia, russia, russia …..,……..
When you fund wars, you invite recession. It’s that simple
Remember guys, you arent living in a decaying depression, you're just having anxiety lol.
Dieselcars build by German workers will safe the economy, forget about what the climate safers say in Brussels, its all lies to destroy western economies, turn back the clock 30 years, pre euro era, do that and Germany and Europe will thrive again, politicians have become to dominant saving our planet from their luxury retreats, while the middle class is suffering.
Try spending a few more billion euros on the war in Ukraine, might help.
Anti-Russian sanctions are working
that's weird.. German market index (DAX) seems to be on highest record.
They chose to make war to their cheapest choice of energy provider. So they should pay the price of their war
warum bitte un Bundesheer ohne nach ukraine mit otan wie ficken bitte zukunft Asyl ohne Ämtliche Angriffen Oder ohne papiren Angriffen FBO schönDanke
Put all their chips on imported cheap Russian energy. Not a wise move. Anglo/American Globalists didn't like that either.