Germany's troubled economy fuels far-right rise | DW News
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- Опубликовано: 31 авг 2023
- Germany's economy is struggling, and important economic indicators are pointing in the wrong direction. Ordinary Germans are worried, causing a loss of faith in the country's traditional parties.
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#germany #economy #europe
I hate the way if someone is against illegal migration, automatically becomes "far rigt" so annoying
exactly. according to that logic, 90% of the world population is far right then.
You! Far right!
"Far right" in the situation at hand is just an empty polemical concept (Kampfbegriff) hurled by establishment forces (like DW).
This is a constant issue in the US. We are running point on this annoying argument
no one is against "illegal migration", it's how we handle legal migration and asylum seekers where the issues stem from. Yes, people who want to broadly restrict legal migration are far right, it's right there in the ideology.
i especially liked the part where the guest talks about some skilled workers changing jobs, some leaving the country, and the new people coming in being useless. That's Germany right there.
what america has done to germany is downright criminal. being an occupied vassal state is painful.
@@siamcharm7904it has nothing to do with america, thanks to the marshal plan we became an economic powerhouse in the first place. What is happening now is completely thanks to our own woke german politicians.
@@siamcharm7904you really need to do some homework.
@@siamcharm7904Germany is a Russian and Chinese vassal state. Why are you talking about k lol😅
@@siamcharm7904It's true, Germany is still occupied by the US and this is the outcome.
The AfD will change that.
Japan arming itself, Germnay going into economic slump, what can go wrong ?
Cheap shot. Japan and Germany are both mature, responsible countries. Japan's defense adds to the security of east asia. Germany needs to dump the greenies and go big on nuclear energy. Cheap energy -free of Russian tentacles- would do wonders for their economy. That...and have more babies.
@@TL-fv5xg To be fair, a small selective population cleansing might do wonders not only to Germany, but many other European countries.
Axis Power 2.0 Maybe😂
Poland is like: ok Im gonna buy all tanks, rockets systems and artillery you can produce
@@TL-fv5xg Mature economies? Yes, but responsible no. Both of these countries are vassals of the US and are committing suicide on Washington's command!
Don't talk about countries that are sold to the USA.
well they lost ww2, so their soul was bought indefinitely.
They where tricked not sold
To fix this Germany is giving more money to rich people. Makes complete sense.
Nonsense
Recession?
Give tax breaks to the wealthy
Housing crisis?
Give tax breaks to the wealthy
Unemployment crisis?
Give tax breaks to corporations
"Why are voters losing trust in their governments"
Germany sanctioned Russia , still russian economy is still growing why ?
Neoliberalism
Austerity
Wealth Transfer
Just like after 2008
Nope, it's to tax companies, so that they flee Germany.. you think Germany has printing machine like US !?
The guest says the government’s plan is to “cut taxes for firms, reduce bureaucracy, speed up planning” and the even interviewer literally laughs 😬🥴🤪
That's what Ireland and the UK governments have done!
Look at the absolute state of things here!
Ah yes, "The Liz Truss", famously works so well...
Well! that is what happens when Germans allow "Ukrainians" to terrorize their energy based economy, by sabotaging their-own Nord stream energy facilities and lifeline---this coming winter is upon Germany, and everyone around it including France are going to suffer irreparably....
That's why the government hasn't done it.😀
Germany needs china
Some group of economists have projected that both the U.S and parts of Europe could slip into a recession for a portion of 2023. A global recession, define as a contraction in annual global per capita income, is more rare because china and emerging markets often grow faster than more developed economies. Essentially the world economy is considered to be in recession if economic growth falls behind population growth.
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Looking at the 2023 Q1 gdp growth , makes me wonder what on earth is Europe up to .
1) India - 7.8%
2) China - 6.3
3) Indonesia-5.1
4) Russia - 4.9%
5) USA - 2%
Others - UK -0.4% , Germany - recession .
Where were those figures taken from? China is at 4.5% which is concerning in itself not to mention the millstones of Evergrande and Country Garden. Russia is nowhere near a first quarter growth rate of 4.9%, more like a decline of a couple of percent with major issues in the wider economy. India's rate was lower than expected too. Also, there's a difference in developed and developing economies in terms of growth potential. And in that top 5 there's only one country I'd want to do business in.
India needs 10% atleast in Q1 & 7% atleast in annual growth rate in this chaotic turmoil in world
10%+ economic growth rate is only solution for India to handle unemployment crisis.
World is changing. Empires rise, empires fall, it happens every 100 years or so. It's just time
@@NeverRubARhubarbnot lower than expected
Moody 7.7%
Performance 7.8%
Fun fact - it is not just the economy that is the problem.
But you can't say it in state media...
😂
THIS. as an 'outsider'...not just Germany but whole europe seems o be in some sort of self-induced delusion
Immigration is another problem !!
What's the other problem?
Germany is not independent - that is a root of all problems.
america's stab in the back was ignored for now.
Dont act like u care. U dont want germany to be independant, u just want it to be dependant by Russia:)
Ask AfD leaders where their funding comes from. So much for the independence.
@@hhKJgf1M8a0rzt8hP Donations and like every other party in parliament: Public money.
GB is independent now, see how far it got em within under 5 years, which was predicted right from the start.
Did you even use a single brain cell for that comment ?
If you want to be a smartass, rather comment on why the Euro is a failed experiment.
It was designed to keep the newly fused eastern and western german economy from galloping away from the rest of europe.
The idea was solid, how it was executed is the problem. The rest of the market got into serious trouble in devaluing their currencies, and the rest is history.
This was foreseeable, again, as was the dumbness of brexit.
Who dont see it coming after cheap gas is over ?
Gas wasn't cheap, gas' price was the heavy silence about Crimea.
You bought the ticket with Nordstream, now buckle up for the ride
Cope Vatnik, cope!
@@ElRabito Buddy, I think you have misinterpreted what CanadianPrepper is saying. He is chastising Germany for tying themselves so closely to Russian gas. saying "you sowed these seeds, now you must reap your crops" I mean Germany shutdown their nuclear plants... then Germany started dismantling wind farms so they can mine for coal.
@@CrocodileWhispers You think pro-Ukrainian 'tards are smart enough to understand? Everyone is a "Putin bot" to them. I chastised Germany all the time for dependency. Not having nationalists, protectionist, autarkic, and regionalist economic policy especially with energy on Russia. As well as not making an opportunity out of a catastrophe, with green energy, and going back to coal. I've been called a Putin bot. It's kinda a badge of honor at this point.
@@thedeceit-qh6mf I don’t know if that’s true but I imagine it’s a lot easier to source and transport uranium than it is to do the same with natural gas
should have known usa would destroy it. usa also will destroy relations with china. good luck.
25 years ago? Well this was after the re-unification of Germany when West-Germany needed to help East-Germany fixing the consequences of 40 years of planning economy mismanagement and lacking investment into bussiness and infrastructure. It is amazing that Germany managed to recover at all after this and returned as the powerhouse in the EU, a G7 member and 4th largest economy on the planet.
@@user-pf8rb6ze7i After German' sanctioned Russia
Germany thrived because of the cheap energy from Russia that allowed them to be competitive. Now they are "independent from Russia" :) Free like a bird :) Free from cheap energy, free from industry, free from balls and spine - life is good.
west germany carried the east.
1. U.S
2. China
3. Japan
4. India
5. Russia
6. Germany
@@Nolan466 in what? 🤔🤣
And who blew North Steam 2 ? It had a major impact on the German economy and manufacturing units.
It was not event used or finished
This project was necessary for the German and European economies. Now they have to buy gas from others for 5 times the price.
Somebody blew up your economic life line, and your government is silent, what do you expect
we all know who. biden promised and delivered.
That somebody needs an award for blowing up a line that made Germany weak and dependent
@@camocas that somebody is the problem of the world, stealing, plundering others resources, living great on behave of others, printing worthless money, warmonger, every story has an beginning and an end, beware of that, karma is coming sooner than you think
@@commewijnepineribo7899 😂🤣😂🤣
@@commewijnepineribo7899Russia?
This is happening all over Europe.
Not really everywhere. German weakness is good for other countries that see Germany as an economic competitor, like France or Spain. Both will have healthy economic growth.
@@alexandruanichiti1834 maybe but Germany was sofar the one who are actually funding eu, if the Econemy of germany falls down we are taking the eu with us. without germany funding the eu may break without eu no country will get finances to realy develope. SO maybe the other countries start helping germany for the first time since 40 years
Well half of EU is actually part of German economy.
aND YOU ARE NOT EUROPEAN, INVADER MOHAMMAD, BLESSED HIS PEDOPHILY
Actually there are a handful of EU countries doing well. Germany isn't one of them (bad policies).
Germany produced around 6m cars in 2012, it is now down to 3.5m. Europe as a whole, represented 35% of world trade in the 1960s, that has now fallen to around 15%..........this is a very difficult time for Europe and it will only get worse.
SLAVA Ukraine!
@@rettro6578Slava Pisskraina 😂
@@basileusandy9798Ruskie Putler bot spotted😂
I think the mainstream parties' policy of "fixing" the demographics crisis by importing cheap labour from abroad may also play a role in the rise of far-right parties across Western Europe. Denmark, where the ruling social democrats and other mainstream parties have discarded this idea of replacing their own population, doesn't have this problem with far-right parties. Ironically, Germany needs sane alternatives for "Alternative für Deutschland" when it comes to mass-migration.
You really think so?
Cheap labour are coming to Germany and living from the welfare system. No fast solution for Germany atm.
It's something cultural. You can see how in the middle east migration is not a problem. In Quatar 80% of the population is foreigner and they don't have racist parties. But Europe has a tradition of racism and fascism, saddly.
@@quetzalcoatl3242qatar is a monarchy, it has no parties
Denmark was brilliant for their decisions years ago regarding immigration control
In twenty years from now , it's the sole leftover of western europe , and can only look to eastern europe by then for cultural brethren
Western european liberals have done much more damage than just mass migration and woke ideas , they have killed the european historical foundations, culturally , demographically.
Chancellor Scholz is by far the weakest German chancellor since WW2. He's destined to fail because he doesn't have the stamina for these troubled times. A perfect example of a fair weather politician.
Nonsense. I didn't vote for Scholz, but he's no worse than many other chancellors -- but he does face an unreasonably critical media landscape.
I agree. A weak,weak man. Covering problems with talk and harmony.
@@RagingGoblinCan you name a few that were just as bad? I'm curious.
@@harriemeeuwis978 I mean, if you only count the Federal Republic, there are only so many, and I feel like counting Scheel is a cheating move.
I personally think Schröder was a weak chancellor -- and not even because of his Russia politics. He effectively betrayed his own party base (HARTZ4) and kowtowed to American global interests (Afghanistan) but called himself 'chancellor of peace'. Schröder also thoroughly damaged Germany's infrastructure in the long run (it's due to his lenience that optical fibre wasn't installed country wide *in the early 2000s* -- not to mention his failings with the DB).
I also don't really share in the respect many people hold for Kohl. Nobody denies that he achieved things that were politically unlikely (the reunification without any major political caveats chief among those). But he was also, essentially, the personification of the worst aspects of the CDU. A man with unethically close ties to the industry, with loose standards -- if any -- when it comes to transparency or good governance. He was more cautious, but he was cut from the same wood as the likes of Nixon.
On the other hand, literally nobody nowhere is talking about the things Scholz does that actually have a lasting impact. I repeat, I didn't vote for him, but there was hardly any media *world-wide* that praised Scholz for his pretty gutsy move to basically extort the US, pressing them to agree to supply heavy machinery, as he wouldn't himself otherwise.
Everyone criticised him everywhere, basically all around the world, for dithering about his decision to allow the deployment of German tanks and to supply German tanks. But it was only due to his holding out that the US caved in. I just find it weird that the media was full on board with bashing him for 'holding out' and shaming him for his 'lack of support' for Ukraine, despite Germany giving like the second or third most if you count its share of EU supplies -- both in military and civilian aid.
But hardly any big media house praised his diplomatic victory in Washington.
I guess it all comes down to whom the big international media conglomerates belong to.
Totally agree - the problem was that the entire electorate was either weak or absolutely inexperienced
It was great limited economy. But sanctions on energy sanctioned the economy.
@manjeetgill1
0 seconds ago
what about all those Syrian brain surgeons and rocket scientists tat came in 2015? Surely they are helping your economy?
Surely Britain has always been, and still is, the sick man of Europe. Brexit is going badly, but if the EU expands more to Ukraine and Albania, I'm glad Britain won't have to pay for them.
Brexit is just background noise for a disgruntled middle class that just for once failed to gets its own way and still after 7 years haven't got over the shock...meaning to them any problem the UK has after the fact is clearly..obviously Brexit's fault no matter the wider global environment...
Staying in the EU is going badly for Germany. Brexit Britain is outperforming them.
Your neighbours from the east have warned you for many years, that cheap gas has its price.
The center-left governments have over 1000 billion. € invested in alternative energies and all nuclear power plants switched off. This has nothing to do with Russia.
They are they problem, they caused the conflict, and now they suffer as well and probably even more. Guess where many of the poor people in Germany are from.
Ukraine is still importing cheap Russian gas. 😂
The Germans consider voting for the far right because the far right are the only ones who intend to normalize the trade with Russia, which would mean restoring the gas trade and therefore restoring Germany’s ability to produce stuff at competitive costs.
Other problems are there as well, but the other problems, like shortages of skilled labor, are something other countries face as well, and it doesn’t create a recession there. The dependency on Russian gas is more or less unique to Germany, and the current recession shows that that dependency is still there, no matter if the government admits it or not.
CHEAP GAS outside of market price is actually a form of subsidy from RUSSIA.
Germany should be thankful to have such a nice neighbour.
and a READY market in China.
Actually this should be BOOM TIME for Germany.
"far right" lol
@manjeetgill1
0 seconds ago
what about all those Syrian brain surgeons and rocket scientists tat came in 2015? Surely they are helping your economy?
During my recent drive across the country, I stopped for a few nights in small towns and noticed that prices were extremely high. I wondered how people were managing to cope.
goes to sleep knowing well that Russian troops are losing their lives and Ukrainians are losing their minds
You go without, and then get bitter about the things others get to do and you don't.
Its simple; i always remind myself of how much the british endured to win against the german blitz...now we can do the same for the ukranians. Whats an additional piece of meat or butter if it can be a bullet for a ukranian rifle instead?
@@TheGamingSyndromHamburg, Dresden, Berlin all bombed by US/UK. Women and children turned to jelly with fire tornados and unborn babies popping out of the mother's stomachs. They tall about the blitz but no one talks about the other side. Complete hypocrisy.
Germans are pretty rich and are able to afford higher prices. Think about how many more problems other countries are facing.
German bureaucracy will never end.
I somehow think you don't know what you're talking about.
@@RagingGoblin lf you think it is going to end then you have never lived in Germany 🇩🇪. It has been like that for decades if not centuries.
@@Quotes4ulife I've lived in Germany. If you had a look at data-driven statistics instead of parroting what some bloke in the pub said, you'd realise that Germany actually has one of the *leanest* public sectors of all the developed nations, coupled with immense productivity (about 50% of GDP, actually).
Germany desperately needs *more* civil servants, not less. Why do you think so many 'small' jobs at the offices take forever? People at the courthouses, in the tax offices, and in the foreigner registration office are *desperately* understaffed. If you had more people there, the average German citizen wouldn't have to wait 2-5 years to finish any claim in court.
@@RagingGoblinthey need Computers and humans only get special cases
@@dave_sic1365 And this is why I *know* 99%+ of the people here have to effing clue what they're talking about. You realise that the administrative sector *is* digitalized by now, right? Like, there are actual laws put down that they have to use digital ways of communication, storing data, accessibility etc.
And those administrative branches that have access to and need vast amounts of data (like the tax offices) use a system that is 99% computer-driven analysis and risk assessment.
But of course, you don't know any of this. It doesn't fit your view of the world. Beaurocracy is bad, civil servants are lazy, and German administrations are old-fashioned and flooded with paper. At this point, it's more of a make-believe than anything founded in rationality or reality or -- heaven forbid -- truth.
‘They all sound good, but the problem is when will they be implemented.’
Things are way too slow in Germany. Especially in Govt offices and generally things are handled even in Bigger cities. Digitisation is an alien word for Germans. bureaucracy/politics even at work places cause a hindrance to a smoother and faster workflow. No wonder things are like this and it will get worse if they are not addressed in due time.
Energy cost I say is the biggest issue for regular people. He says it like companies matter and households don't matter
What is that I see flying back, oh a BOOMERANG.
In Germany, A son asks his dad: Dad, why is our home so cold? Dad replies: Because Russia attacked Ukraine. Son: What do we have to do with it? Dad: Because we imposed sanctions against the Russians. Son: Why? Dad: To make them suffer. Son: And we are what, Russians
Because America told them to do that. Germany didn't want this first because they don't have nuclear energy anymore
I'll have to be honest a survey on Germans' satisfaction with the goverment sounds a little flawed to me.
I have yet to meet a German who doesn't like to complain. It's almost a kind of love language.
When they stop complaining, you know things are real bad
Ditch ukraine
Ger russian gas
in general, european loves to complain because they have been spoiled by their gov without knowing it. they thought they have it bad, they should go to India and Indonesia and take a look then they will feel so dam good about their life.
Except when you compare the survey to that of previous years, that's where the question of "why" comes in
Complaining is the German way of small-talk.
When you follow usa blindly than what else you hope will happen
When news announce FDP, they always say "Business Friendly FDP". I think they should change their party name as "Business Friendly FDP".
BFF DP sounds legit
Yeah they cant comprehend that their voters might just like their policys without owning a Business 😂
Areas where Germany have traditionally been strong - car manufacture etc are subject to much more sophisticated competition from countries like China - who can severely undercut them in labour and materials cost. It doesn't help also that the styling and value for money offered on the new BMW and VW ranges is awful this year. Maybe in the current economic climate they should try and offer a bit more value for money - something VW have done in the past.
What about the Geman governmets decision to close down phantastic nuclear power plants in 2022 and 2023, which had highest safety standards in the world. And then thinking, this is not having a signficiant effect on energy cost?
It actually didn't.
Economists and People at the Energy Markets thought that it would have a small to at max medium impact, but it didn't even have that.
This might in part be due to the fact, that in the summer electricity is generally cheaper (there is more solar in summer), but it's still probably not going to have a hugely important impact on prices going into winter.
ie. the end of nuclear energy has not really much to do with this.
Because those were only the last NPPs to close down, since the abandonment of nuclear power had been decided after Fukushima in 2011. By the time Covid came to an end , nuclear power was contributing only a small share of total energy production. Energy cost mainly went up due to massive gas price hikes following Russias attack on Ukraine, but those prices have since come down. By now most complaints about high energy costs are basically actually complaints about excess profits by energy providers and traders.
The only problem is we have these things standing around, finished ready for work but not in use while being worth billions@@matthiaswunsch1732
That was brainfart of the century and contributed even more to rising energy prices.
It didn't though. This is what people don't understand.
Germany was an energy NET EXPORTER, meaning it was producing more domestically than it used.
Also, nuclear energy is highly cost inefficient. I realise this isn't a popular fact in certain circles, but the fact of the matter is hardly any form of energy is as expensive as nuclear. That isn't even up for debate, it's been proven for dozens of years by a wide variety of independent studies in all kinds of countries.
Homemade problem. Highly deserved. South korea, for example, has even less ressources, but no Greens.
Germans ALWAYS say things are looking bad. That's the magic of our collective unconsciousnes. We thrive in self-pity.
1:30 concern is too bog a word but i do think about it.
More like the whole of Europe is suffering from an Anglo/American/NATO induced amnesia. Not knowing what is happening to one's country nor one's self, makes this level of sickness even worse.
Yawn.
Germany needs secure, cheap energy.
Relying on Russia was always a bad idea. Nuclear is the obvious choice.
@@TL-fv5xgYes the shift away from Nuclear was a huge mistake. It may not even currently be competitive against other green energy sources, but if that is the case it is due to the decades of money spent to advance other green energy sources, a complete lack of innovation or even maintenance of current nuclear programs and the fear mongering surrounding nuclear power. Now long term nuclear is not the end technology, but it should have been the stop gap.
Pity about Nordstream. Still entirely a mystery whodunnit
after fukushima, can you afford to clean the mess?@@TL-fv5xg
@@yuglesstube Andromeda.
Well, at least you guys found different sources of natural gas, right?
yeah the one who blew it😂
Nordstream 😅😅😅
Seems like germany and some other EU are very dependent on russian energy. And this is more like a historic deep rooted problem. There has always been tensions between EU and Russia. Nuclear energh can solve some of the problems but its not a solutions for industries which need natural gas for metal casting etc.
In Germany, A son asks his dad: Dad, why is our home so cold? Dad replies: Because Russia attacked Ukraine. Son: What do we have to do with it? Dad: Because we imposed sanctions against the Russians. Son: Why? Dad: To make them suffer. Son: And we are what, Russians
GO WOKE, GO BROKE!
Why do politicians smile so much?
Because they want to manipulate impressionable people.
As an outsider looks like Germany is more concerned about keep sending aid to Ukraine than working for it’s citizens
By outsider, do you mean from russia? Sounds like it
Germany *should* be concerned about what Russia is doing on Ukraine. It's not like Russia will stop if and when it manages to take over Ukraine.
Well comrade, by sending aid to Ukraine we are ensuring our own safety. Russia will not stop in Ukraine, never in history has an imperialist army stopped by itself, it always had to be stopped.
@@pm3302Yes, we will. We're obligated by treaty to do so.
@@hhKJgf1M8a0rzt8hPyou have a very poor judgement of geo politics
If it does collapse, it would be in styled and painful one. Cheap gas and oil were no topic of discussion a few years ago and now everybody knows who did what..
That has never been cheap in Germany
@@arnodobler1096say the guy that didn't see putin interview on how discounted the gas, it was with north stream. 😂 It's on RUclips anyway. 😮😂
@@marczhu7473 The price of energy is at the same level as before the war in Germany.
Good. Screw cheap gas. Cry more.
@@arnodobler1096 the volume is lower too. 👌
I'm wondering if the blowing up of North Stream has anything to do with this troubled economy
The problem is German obeyed Usa and now theres no deal with Russia. And thats what USA wanted, a weaker europe, because it is best client of China
What usually fuels far-right rise are latent issues in society of which people feel they can't express their opinions publicly anymore, and a feeling of significant lack of proper political representation. Mainstream parties are free to engage with society in a meaningful way and provide representation at any point in time, but often they choose not to (or they don't even realize how poorly they do it), based on abstract ideas that are out of touch with reality.
Btw, Money & Macro, an economist here on RUclips, recently posted a video that contained an analysis of the German economy, and whether it's again 'the sick man of Europe', and concluded that overall that's probably not the case, or at least not to a degree that would warrant this figure of speech.
The only sick society I see in the West is the US 😂💀
Maybe stop calling things "far right" lol
It’s the economy, all else is culture war designs by ruling elite to divide the masses.
@@jrobs1133I embrace the label. If you get called far right, you know you're close to the truth
I'm living here for one year and Germans people mentally living in Middle Ages.
I very rarely meet reasonable Germans who want to develop, to create something. Most want to defend their degradation, uneducated and unwillingness to work. Relax and whining are the priority.
Turn on the nuclear plants, enjoy cheap clean war free energy
And the toxic waste? Poor African countries are not only selling, but more importantly no longer interested in storing the waste!
@@kwalelalipimile3894 Go actually learn something. If that's even possible.
@@zenster1097 and what do you think happens to the expended rods? And their thousand years radioactive half-life?
@@zenster1097 even a quick search for nuclear waste storage will enlighten you!!! Who wants a poison buried ready to contaminate at any seal breach, sealed with our current technology? And you want to endanger your descendants? For a years worth of power, thousand years of risk?
@@kwalelalipimile3894they can be safely disposed underground without any leeching. Coal also causes terrible amount of pollution and increasing pulmonary diseases😂 if we need energy, we have to pay the price. Nuclear has the cheapest price to pay as long as protocols are followed.
dismantling those nuclear power plants certainly worked well for the ruling party
There were economic reasons for doing that. The 2 nuclear power plants are incompatible with the rising regenerative green energy in Germany. Nuclear power plants not working well and efficient when constantly started and stopped. And green energy is already cheaper than nuclear so using nuclear is economical and ecological rubbish ... especially when only used as a buffer for times when green power is low.
@@AaronOkeanos if its cheaper then why is the cost of manufacturing increase in Germany? You only use 49% of those expensive renewables energy and you guys still use coal.
@@10000years Coal is used because it can quicker be started and stopped with less inefficiencies and only temporary until better storage technologies can be implemented.
@@AaronOkeanos sure buddy, keep telling yourself that & ignore rising far right in country like you guys did in the 1930s. Hope it worked out for you guys like never
First, nuclear is the best "green" energy we have so far. Second, how does turning the plants on and off change a thing when we are talking about wanting them on all the time. Third, germany is building coal power plants again to help the energy demand while having billions of euros worth in nuclear power plants standing around, how does any of that make sense? @@AaronOkeanos
The communication abilities of the current coalition is a huge problem: they fail to connect to the common person and to be coherent with their policies..
I wonder how well a new coalition of cdu and add could explain mass tax reduction for rich and companies would help the small men😂
@@remote24neoliberalism is a failure.
Vassal 😅
being the US satellite state isn't easy. the loss of nord-stream 2 pipeline and Germany not even willing to ask questions (fear of Washington) shows Germany gov is spinless.
Those gas pipes would've gone anyways. Their destruction only sped up the schedule a bit or do you think Germany would've continued to buy gas from ruzzia in this situation?
usa will also destroy relations with china. get ready
slave country can't have growth in such a situation
3rd, 4th and 6th biggest economies in the world. Yeah, must be hard. Surely its easier to live like Russians or Iranians...
@@Dzoseff yeah just like Japan (2nd largest economy of the world at past)now it's time for Germany to sacrifice it's economy for the uncle Sam
Glad to see the behavior of Mr Anurag Thakur jee
Chill out. If you want to have top quality manufacturing, you need to go to Germany. If you want to sell top quality manufactured goods, you also need to go to Germany. Plus there is the fact that German companies own a lot of other European and American companies and brands. Germans also are notoriously pessimistic and notoriously cautious. Which also is a factor in Germanys success. Chinas days are numbered, thus there'll be more manufacturing coming back to the first world nations.
where do you get the raw materials? in asia and africa... who works for china
first world nations require first world pays. innovate anything and china will copy it cheaper.
You’re utterly clueless
manufacture of what? shoes? toys? china already moved on from that manufacturing. they are manufacturing something that really matters now, technology. does this country you mentioned have the facility and talent and resources to do all these?@@hwfq34fajw9foiffawdiufhuaiwfhw
😂😂😂
Perhaps, but Germans also have notoriously high standards. :-) I think your IT infrastructure could use some work in general people in the USA and western Europe still see you as a country that's an economic giant for your population size.
High standards 😂? They still use fax machines to communicate.
You have to make sure Germans get paid vacation.
@YA-xy2xm I prefer living in Germany vs USA.
@@Yuyayayu872I work in public service. The fax age is long gone for us too. Since 2015 it has only been used in digital form.
Fax is more secure than email.
Here it starts again
9:08 roundabout ☠️
If Germany does not want far right surge, fix the economy and do not try outlaw political parties.
They already have "burned Reihstag" second time.
@manjeetgill1
0 seconds ago
what about all those Syrian brain surgeons and rocket scientists tat came in 2015? Surely they are helping your economy?
The funny part is that a year ago, the EU expected this to happen to Russia. Now the once stable and responsible Germany which came out of the 2008 economic collapse in a stable position is now deindustrializing and economic downward spiral.
Many countries are on decline including both Germany and Russia. You can't get an "untampered economic" reports in Russia without their government cooking the numbers.
Nothing funny. Russian people lost half of their income. In Germany, the lost is much less, which is still not an acceptable level.
@@66wallace66shtf
ALl the EU is doomed to fall apart.
With recession going couple with more ECB hikes is a matrer of 1-2 years before the whole EU collapses..
Imagine spain with already10+ unemployment...
Hope your hate for Russia and servitudeds with U.S is worth going to your town-village economies....
@@66wallace66 Germany is headed towards a recession and was just replaced by Russia as the 5th largest economy.
As a Russian, trust me, whatever problems Germany has, Russia will have x10. Everyone is pretty mad about exchange rate. And it only can get worse.
Sick man of europe i am pretty sure was coined way longer than 25 years ago, i guess he might be referring to when it was originally used to describe germany but the term usually is used to describe the decline of the ottoman empire, which for a long time was a economical and militqry powerhouse until the portugese found the sea route to india and effectively cut the middle man out.
half of germany is turkish now so it applies well
@@jordimg7727 lol
climate is a key factor, yet no mention in this report of summer 2022 loss of heavy transport on major rivers from drought and climate deteriorating a partial if not leading driver of increased migration
Now that Germany is having problems, maybe Germany and the EU will be less smug in the future.
What makes you think they ever were 'smug'?
ever? "ubermensch" ring a bell@@RagingGoblin
@@gtaraya You mean a term that is taken wildly out of context by people who have no idea what Nietzsche was referencing or what his philosophy was about at all? Yeah, it does ring a bell.
But I'm curious about your explanation how the EU, which was founded 90 years after the death of a philosopher who was considered fringe by his peers and didn't receive a fraction of the attention that much more popular German philosophers like Hegel, Schopenhauer, Kant, or even Adorno garnered, relates to the misconceived ideas some people who probably never read Nietzsche (like most who talk about him) like to associate with him.
@@gtaraya You aren't the brightest light, I see.
If you are so worried, Just make sure nobody gets rejected from Viennas academy of fine arts until the economy gets better…
For all those that don't know the power of cheap energy.
Oh great we all know how well that ends
All Germany's problems come down to one thing: resistance to change and fear of everything new.
This. So much this.
the same fear that is keeping me to switch to a new job
Not really Sanctions against Russia cheap oil/gas depending on foreign raw materials/ birth rate collapse older population
Well...The apocalypse of losing ww2. The defeated people. The SHAME . The Citys reduced to rubble. I would say that the Germans have been brave enough to envision of everything new, including a COMPLETE X-Raying the war. Taking full responsibility . It takes some real guts to tread the path of imagining and vision, I would say. And also : To pull it ttrough
This is happening in America. They label change as “woke” and attack it so we keep the status quo
y'all deserve it
Energy considered as a small part of the problem..😅 This is Comedy.
I'm really concerned about thsi
Goodluck stealing the title from the UK 😂
The UK is outperforming Germany.
Germany, Canada, UK, France all going through the same issues.
What do they all have in common? They are involved in the Ukraine war and other wars in the 3rd world.
Yup . Being friends of USA..fatal
You brought it on yourself,no cheap energy,no economy.
DW, a tip: be more careful with open mics and or sound editing. See 4:15 for what I mean
I knew the guy would downplay the impact of energy prices. He says problem in economy started in 2018. But, German economy did not shrink until the sanctioning of Russian energy and destruction of Nord Stream 1& 2 which killed the last hope manufacturers had in Germany.
Yes Vladimir, how’s the weather in Moscow?
@manjeetgill1
0 seconds ago
what about all those Syrian brain surgeons and rocket scientists tat came in 2015? Surely they are helping your economy?
If Europe were a family, Germany would be the mother. If mom is happy, the whole family is happy. If mom is not doing well , noone is doing well .
The feeling of saying out loudly : I am proud to be German - was taken away from many generations there. It is not the type of nation which submits . They have to do what's best for them to sustain. They went through on so much and always able to stand up by their own hardwork.They didn't rob the whole existing World nor won the geographic lottery and still they are able to restart and prosper. Long live Germany!
🖤❤️💛
Germans should elect right wing nationalistic government next time
a single mother? LOL
Germany literally had colonies in Africa...
The motherland.
To be proud to be german wasn’t taken from germans , they did it for theme-selves when they kill*ed 6 million innocent people in one of biggest geno*cide the world has ever seen
LNG VS cheap Russian Gas/oil and others are big deal. Data are not always accurate because some are not recorded.
Olaf Scholz looks like a sick man of Europe
If germany is a serious country, it would have declared war on whoever blew Nordstream 2.
But Germany is a meme country.
Germany, like any nation, faces challenges in a globalized world. While some Germans I've encountered abroad seem less dedicated or expect immediate business returns, it's key to remember cultural differences in interactions. Being on top economically is not constant; every country has its ebbs and flows.
they caused it themselves by sanctioning their chief energy supplier.
this is first nation, who cut themselves
It seems that Germans like to commit suicide. This is the third time that Russia has been the tomb of Germany. her arrogance and excess of certainty bring her down once again. a Europe under German domination will always lose. the war and the catastrophe that followed for them were of no use to them it seems!
@@Lorkin-jf6rvevery recessions originated from government mismanagement and a failure to predict future trends. Germany moving away from Russian Gas was a needed step to reduce reliance on Russia which is has become very aggressive against the west.
What if we have reached the end? Housing, food, and energy are the biggest expenses we have today. Many are actually unable to afford them today . Yes, you can buy that 90-inch flat screen TV for dirt cheap, but if you can't afford the rent, that tv won't do you no good.
A year ago the UK was the sick man of Europe, now were out performing most of the EU.
Effect on Russian Sanction😂
Peter Zeihan has been arguing that the entire German industrial miracle depends on cheap gas and so, according to him rising energy prices could translate into an economic disaster. Zeihan often strikes me as overstating things so I didn't get too worried, but this bad news is alarming me some. The free world needs a strong Germany.
By the "free world" , you mean the same Western Imperialist former colonial power countries and their settlement colonies who looted, massacred, exploited, enslaved the global south to fund their economic development and industrialization!!!
Oh the irony, free world, strong Germany lol
Id take any of Zeihans takes with an enormous rock of salt. The guy has VERY strong and obvious biases. I consider him an influencer much more than a genuine analyst.
The Germans have been denying the dawn of the information age with right out ridiculous legislation and insufficient investment, thinking the industrial age will last forever - and are now paying the price. Willkommen in das 21. Jahrhundert, Leute!
@@TheLovescreamright👍
German economy struggling, far right rising?? Better tell the art school in Vienna to accept anyone who applies!
Don´t forgett all the enviormental laws they are heavy on the industry as well.
Geopolitical tensions nd the war on Ukraine deepen the wounds of the German crisis, German officials have to seek for political solution in Ukraine, reduce tensions with Moscow.....
Bruv the answer is simple productivity is closerly correlated with energy use per worker,
More expensive energy, less energy consumed, less productivity.
Tax breaks, labour reforms =! cheaper energy,
Germany should do everything in its power to secure cheaper energy as of yesterday, lost industry is exponentially more difficult to regain
Tanah tidak pernah sakit!!..pemilik tanah dapat menjadi sakit!!..mengatasnamakan yang bukan miliknya adalah hal yang berasal dari kebiadapan!!...jadi sesunguhnya, kebiadapan yang menyatakan itu sendirilah yang telah tersakiti!!...
Oh there are Problems in Germany. Just look at how little those employed ppl are earning or owning!! No wealth here to accomplish for many many ppl due to a massiv low wage sector. Noone adresses these very real problems!
Sometimes I wonder and come to my mind a question if DW DOES REPRESENT Germany. They said it is funded by taxe payers!
Then stop spending money on Ukraine instead of your own people....
we learned nothing from WWI and WWII.
We are having a mini ww3 now
It's far better stop production of Fossil Fuel Cars and Vehicles by 2025, but make the service parts available till 2030.
invest in new nuclear power plants.
No wonder Scholz is under pressure to send more "game changers". They desperately need a win before the elections😅
The bigges party (CDU/CSU) is also support Ukraine. Only far left and far right against it.
@@daemontargaryen5614what about German peoples?
@@well9179 If russia is weak, that good for German people.
I think i’ve seen this episode before…
This overblown. Money and macro does a far better level headed assessment of the situation and people just like to resort to hyperbole these days.
I watched his video and hes got it wrong in some points. He said china cars are overtaking german's which is far from truth.