All the same main issues behind them - the widening divide between rich and working class and poor, high cost of living, insufficient jobs and lower wages/rates despite inflation (and government deciding to bring in cheap highly skilled workers from abroad while people here are struggling to get work themselves!), no affordable housing, etc. They only care about the rich getting richer, and unless they do something about it, the divides will worsen. It cannot continue like this!
@@HartlepoolLad Add this too: Interfering of the rich West with other's countries internal affairs for their own benefit by supporting d1ct@tors and regimes and thereby creating chaos and poverty in those countries. As a result people of those countries flee to EU and the US. If the collective West wouldn't do that (pumping other countries' natural resources for their own benefit) its people (you) would be more poor than they (you) are now. In particular, EU still cannot overcome 80-90s mindset, still use cash, communicate using letters, and digitalisation level isn't any better than that in, maybe, Iraq or Syria 😂. We are in 2024 or am I dream?
Everybody avoids to mention Russian cheap gas. Germany refused to buy cheap gas from Russia but went fo the expensive one from the USA and from third part buyers from Russia like Turkey and India. Embarrassing for Germans!
@ it wasn’t only Germany who bypassed the sanction on Russia by buying oil and gas from India - there were many EU countries who are guilty of this. It’s hypocritical to criticise Russia’s war, but then to support them financially by indirectly buying oil & gas. On the news they were also asking how Russia could be doing so well financially… I wonder! 😳🙄🤬
@@csibesz07 oh, they do but only on their own preference. or in other words, only securing their own interest. giving out power to new generations is a wisdom that not so many elders have, unfortunately.
this is generally true. My husband and I moved to Germany 4 years ago and after being in Singapore for so many years, we are still surprised at how things work here. Zero ambitions almost. So we, as auslaender thinking that oh we're going to climb the corporate ladder and whatnot, just as we did in the first world country, uuuhh nope, not happening says bureaucracy and plus, people's ethos here are different. The level of incompetency is beyond me. Don't even get me started about the younger generations. Lol
Yes, because there is no incentive to work. There are many employers looking for workers in Germany. At the same time factories are closing and moving abroad... Germany is deindustrialising...
Innovation and austerity are often diametrically opposed. Austerity is a trap, in my opinion. The people who benefit economically from austerity are not the people in a land that really matter.
@@Yourmomma568 Agreed. The lack of public investments in infrastructure and above all, in education and R&D under austerity are one of the main reasons for the lack of innovation in Germany and beyond.
That's a bit polemic. This would have also happened if Kamala was elected. Also it's just Germany, not "Europe". I say that as a German. We're not THAT important. 😅
@@thegoodboy4699 brother why get pissed at russo bots that dont have bread to eat 😂 germany in my opinion needs to lead europe into unity a united europe is an economy even america fears
The U.S. blew up their source of cheap energy which made many of their manufacturing companies unable to compete in the global market. They can no longer compete in China, even if they build the cars in China. So now they’re moving a lot of businesses to the U.S. I feel sorry for average German citizens. They deserve a sovereign nation, but they are merely a vassal of the U.S.
@@yarpen26 😂🤣😂🤣😂🤣 Yeah, we are peak woke, and all of this Socialist identity politics is on the wane, and ever more rapidly now to the point that being called all of the tropes that the Socialists love to use is now worn as a badge of honour, and rightly so.!
7:00 Not quite true that you need 5% of the popular vote to be represented in the parliament as a party. You also get seats according to the popular vote if you get three "Direktmandate" (three directly into parliament elected party officials).
Do you know what the origin of the Direktmandate candidate rule is? Was it a solution to a perceived problem in the early days of the Federal Republic? Cheers.
I think you mean three "Wahlkreisabgeordnete". Because "Direktmandate" are used in the case that the amount of Wahlkreisabgeordnete exceeds the amount of seats you won in the election, that's also why the Bundestag usually has more than 600 seats, eventhough officially it's supposed to have 598 seats in total.
@@MartinCanada In Germany every citizen has two votes. The first is used to vote for someone representing the 'Wahlkreis' (electoral district) the voter lives in. The second vote is used to vote people from a list into the parliament. Every party has such a list with people they want in the parliament and the more percentages they gain in the election the more people from the list end up getting a seat in our parliament. This system is aimed at preventing situations where high-profile politicians from party A don't make it into the parliament because they happen to live in an electoral district that traditionally votes for party B. Their party can then put them very high on the list so they end up in parliament either way.
@@stormhawk_v8838 Thanks, Stormhawk, for your explanation. The rule would seem to work the other way around as well. Party A could gain representation in the Bundestag if they had very strong localized support in a handful of electoral districts, even if Party A has much less support than Parties B, C, et cetera, across the nation. Cheers.
I bet the CDU will win because the people haven't learned anything. So nothing change , only the show is different and as a bonus there are some new insurance policies.I can hear Blackrocks party mode.
Thank the gods that there are still a few pols that refuse to capitulate to corporate capitalism! Chancellor Olaf Scholz, who I understand is not popular or perfect is to be commended for firing this finance minister, imo.
@@HartlepoolLadYes, But he was unpopular, because every major legislation or reform they planned was torpedoed by Lindner or the whole FDP, and Scholz often quite publicly didn't stand up to him or even actively backed off...
I think he realises this is the beginning of the end of his term. I just hope he get's us all through the year safely and starts showing more decisive leadership, something which has been dearly missing for the last 3 years
as a german i didnt hear anything wrong here. maybe you should stop using ARD and ZDF as your only political education sources when 80% of the empoyees of these 2 voting for green or SPD
Because people do not want to sit on dangerous radio-active nuclear waste repositories. Nuclear energy is praised for its cheap prices but the price does not include the disposal and the risks.
Do u always want to live like in old times? People should move on ,climate change is happening look what is happening in Spain all because of climate change. But because of stone age countries like Russia we can't move on
Das werde ich auch nie verstehen. Wir Ostdeutschen werden es auch nicht verstehen können. Wir haben schon vor langer Zeit unseren Stolz und unsere Euphorie verloren.
As a german, I say it was more than necessary to throw him out. With his strikt stop of making any debits, while we urgently need investment in our economy, he as a small party with 3% stopped the development of the whole country.
@@stes5429 I think, what every business man or woman know, sometimes there is a need of making debits for an investment and for having a better income later. And that is what German economy needs since a longer time. We have the strictest debit rules in Europe, and we never would give that up completely. But special times need more flexibility.
The vote isn't until January. Can we stop catastrophising. The FDP should never be a coalition ever again, they are equally as bad at economics as they are at being coalition partners.
Месяц назад
There is a good chance that no liberal party will enter the next Bundestag. This means that there will only be left, right and conservative parties.
As a forginer I want to ask what exactly did the minister propose because the only thing I have been hearing is that he wanted to lower corporate tax rate and government spending. I think this would be pretty good for a economy like Germany with extremely high government spending
Месяц назад+5
@@Joel86543 Germany has saved for 20 years by investing little money in infrastructure. At the moment, many repairs and renovations are due and money must also be raised to convert industry from fossil fuels to renewable energy sources. The Chancellor has therefore proposed suspending the debt brake and declaring a national emergency so that more money is available for the economy and the military. The Finance Minister rejected this and wanted to cut more money from social spending. Of course, the Chancellor cannot do that as the leader of the Social Democratic Party.
Wouldn't it be a better compromise to get let the government borrow money on the condition that they reopen their nuclear power plants(this would solve or at least improve the energy problem so big cuts can be made to the green transition budget). The money that would be saved could be used for the infrastructure or at least borrow less money. The economy can also be reactivated by abolishing some regulations(a lot of useless bureaucrats could be fired saving even more money). I'm not an expert in German economy thought so I might be missing something
Месяц назад+6
@@Joel86543 The nuclear power plants have now been shut down. They cannot be put back into operation because some of the technology has already been removed. In addition, new fuel rods would be needed and the only current supplier of this type is Russia. Ultimately, the last four governments have put so little money into the infrastructure and economy that many things are now slowly collapsing. A huge amount of money would have to be raised to make up for the damage.
This. Lindner was actually the only Minister that suceeded in his job description 100%, which was Holding Money together. Economy, foreign affairs, internal affairs? Those Guys didn't so to Great of a job
By delaying this for 2 months it just creates more uncertainty, and business doesn't like uncertainty. Interesting that the Politico correspondent says that Scholz is probably the worst Chancellor in history, but later anticipates his party the SPD. will still be part of any future coalition government along with the Greens. Seems very logical 😅
I dont think that the coalition has done such a bad job. The were targeted by the news a lot harder than any coaltion involving the conservative party cdu. That might be because of a lot of the media belonging to one company: Axel Springer SE, which owns politico, too. Axel Springer SE has some really interesting ties to the fdp and the cdu and into the far right specturm as well
@@HybridHumaan And how are they supposed to do it now, that FDP left? CDU isnt going to vote for bills where FDP was against, as they have more in common with each others views compared to SPD or Grünen when it comes to topics on hand.
@@alexejvornoskov6580 minority governments are still able to pass popular legislation through parlament as long as some of parts of opposition parties cooperate. Especially in a situation where the current government already annonced reelections there is little to no insemtive to intervene with pressing and popluar laws.
Fun fact: why January? Well, they want to make sure they are still in government until March to increase their pension entitlements (which increase in March)
Finance minister deals with finances, which surprisingly, has been dealt a double blow by both sanctions (you don't sell to Russia for clarity) and expensive energy prices (you don't buy it cheaply from Russia). Who could have thought of this?! Everyone except that War Analysts.
No, the finance minister FDP)holds on to austerity finances, meanwhile the other parties SPD and Greens want to invest heavily into renewing infrastructure (austerity of the last 2 decades CDU have eroded it), and expanding our energy grid. The finance minister thinks we can without subsidies compete with countries that have subsidies for the same industries.
@madrooky1398 agree, trying to convince people can be fun, but that doesn't mean everyone has to do it and people expressing their thoughts (not arguments) are uneducated on a topic. not everyone likes to go all in :')
Germany does not have cheap resources from Russia now and additionally,after Trump's victory,it will need spend much more money on military equipment.Hard times for german economy looming.
@@jsyo9639 Thats a fantasy, nothing more. Divided we will fall, only united we can thrive. No country in europe can afford a standing army to face russia on its own.
Yes the finance minister has been a big problem recently. He’s just completely ignoring what his coalition partners say. He’s from the FDP which likely won’t even get into parliament next year cause they’re completely underperforming.
Of all the people she is the Most likely to reappear. The greens are the Party that are Most compatible to both bigger Parties, so they Most likely gonna be in the next coalition as the Junior Partner.
I do not think you can go in election campaign with cutting social services in Germany while spending lots of money on Project Ukraine and Green Transition.
Oh, but you can ;) Just need to cut down some social payments, forget for some time about the green energy and increase the taxes for the rich. Not hard at all.
The energy grid in germany is more stable than ever as attested to by the ever decreased minutes of no electricity. And ukraine support is peanuts compared with the projects we are having. Lindner just thinks that the government should only take debt for the rich, he blocked every popular project and will now not be elected back into government
the vast majority of what we send to the ukraine is not money, its equipment, tanks, drones, other vehicles and ammo. I dont think our citizens have much use for 80 old battle tanks worth a couple billions. The "Money" spend on ukraine would not be used to benefit our population directly. And regardless of that every Euro we spend now on Ukraine are 10 Euros we dont need to spend in a couple years because of an escalation of Russian aggression in Europe.
@@F-aber Ukraine will also join EU in the near future which is a huge market for German businesses and the rest of EU so every penny spent on Ukraine today is an investment in the future.
@@DreamOfFlying MONTHS?... Lets just say that Germany will be so unimportant that in 20 years they wont be part of any world summit. there wont be any industry left. ZERO factories.
@@lazarusboi6289 sure, not even politicians do the left trust anymore: “the people in charge aren’t elected, the elected aren’t in charge” Horst Seehofer, our last good politician… plus typical for the left-fascists not to be able writing a comment without a (hidden) insult!
How coincidental...gas supplies from Russia stopped, and immediately the economic crisis began. And what does this have to do with electric cars? Politicians never admit that their decisions led to the crisis, the manufacturers are to blame for everything.
Scholz was more or less buddies with Putin. That's why he blocked and decreased necessary aid for Ukraine. Russian subterfuge always plays more than one party and Scholz and his party are highly corrupt.
@@cigüle It has a lot to do with energy cost. With 4-5 times higher energy cost, your industry will never be competitive and hence lost market share leading to economic crisis like this. German government chose this path, it's their own choice!
@@cigüle Direct effect; since the german businesses started buying highly expensive US LNG and the same russian gas from the "middle men" with much higher markups, corporate profits have fallen drastically (so did profit taxes to budget). Meanwhile, govt had to subsidize higher energy costs to households and SMEs, so now there's huge hole in the budget, and it keeps growing. Now they have to cut other budget expenses and subsidies (as well as Ukraine funding, electric car subsidies), with no sign of recovery, cuz most of that russian gas now will support chinese competitors of german businesses, exacerbating the german downfall. Yippee ki yay, Hans!
There's no other way to say it than that Mr. Scholz time at power is bordering to a catastrophy. Hopefully the conservatives will be back at the wheels soon to pull Germany back up and repair its standing on the European political scene.
Scholz knows a lot about high energy cost, he agreed to cutting the branch Germany was sitting on. He is such a cool guy with cool friends like a couple in the sailboat with a saw in their hands.
Our politicians can't get any major stuff done. Also we're facing times of hardship. In times of hardship we should consider whether strictly adhering to a "debt brake" is reasonable or not.
Lol....how did the hardship come about?.... your master told you to stop buying cheap Russian gas and you obliged. Don't blame anybody else but European leaders
@@Palared92 высокая инфляция это норма для сырьевой экономики, у нас средняя инфляция в год по 10% это было даже до войны и мы к ней уже давно привыкли. высокая ставка 21% связана с ускорением инфляции изза дефицита бюджета в 1.5% ввп в 2024, в 2025 дефицит бюджета будет сокращен до 0.5% ввп и ставку начнут снижать. вопросы?
Well this is just great... My food arrived without fries, and i stumb my toes and i opened the my PC to see the news and saw this... Im not even German...
Germany is top wasteful. Social help is too generous, all the green politics too, there is money, they just need to stop wasting it, no need to take up new debt. Lindner is right. Scholz is to blame.
Месяц назад+4
The highest German constitutional court has ruled on the amount of the citizen's allowance. There is no way to save costs, as anything less than the minimum subsistence level contradicts the constitution.
Economies grow by investing in them, not paying off detb that will keep on regrowing if you never fix the country.
Месяц назад
@@thegoodboy4699 The biggest problem is that Germany will lose about a quarter of its working population over the next 20 years. This means that far fewer workers will have to earn a lot more money. Ultimately, the German economy will not be able to grow to the extent it used to. It's just that no politician in the government wants to really admit it.
Without cheap Russians gas and oil, German industries are doomed Germany should ask US to compensate for the destruction of Nord Stream pipeline and cancel all sanctions on Russia who is Germany's neighbor. Otherwise there is no hope for Germany.
There is no prove that suggests the United States were behind the blast of Northstream pipelines, in particular because their intelligence agencies have warned the German government they have intelligence that this might happen. The sanctions stay.
Trump will try to hurt us elsewhere. But he wants to try to raise gas and oil production, that could at least lower LNG pricing for us. Biden blocked that expansion, thats the kind of 'ally' he was.
Instead us is selling oil to Germany 4x the price they were getting it after blowing up nordstream pipeline. Also offering subsidies to countries that want to move to the us
"A power play between the Chancellor and his Finance Minister" What? The Ministers work for Scholz. There is no power play, that's why he is fired now. 🤣🤣
Somebody had to make sure the lights stay on in Ukraine. I think if we can get Ukraine through this winter, the war will be over by spring because by then Russia has gone out of funds.
Europe is old-fashioned, over regulated, slow, getting older, and R&D projects are decided upon by civil servants in Brussels, not business leaders, which is a failure in the making. EU is supposed to be a economic partnership but economy is the one thing which it has problems with. Inside the union, select countries subsidy their agriculture which kills free market economy and just competition. The old democracies have costly social models and unattainable, unsustainable living standard. It's uncompetitive and short-sighted.
The decision is between more free market economy policies and more government-backed projects. During economic slowdowns government spending is necessarily to get the economy moving again and to secure people jobs.
@@rrobucksthehuman9186Yeah and that Money should be coming from those unsustainable living Standards that in man occasions are paid from government Money aka the wellfare state.
Linnder has always been difficult to work with, that was already the case 7 years ago after the previous election finished. also saying that linder and his party the fdp is "business friendly" is quite an understatement, they are basically a lobbyist party
It's an international audience, so Not everyone Lives in our semi-socialist German Bubble. The Dutch, Britons, Canadians, Australians and Yanks Sure don't. The FDP could be at best compared to the Rockefeller republicans of the 70es, which is as good as Not republican aka centrist.
anti democratic sentiment is trending and this is one of the main reasons. democracy has become this sluggish unproductive form of government fraught with in fighting. the U S has opted for a smaller government with a strong man and more centralized power. as it trends it will become an every man for himself scenario.
Errrm. You do realise the vote that elected Trump was a democratic process? Indeed, it was quite the opposite to how you frame it, and rather a vote against corporatocracy and media authoritarianism.
@@sirrathersplendid4825 "A vote against corporotocracy" For a billionaire candidate supported by the richest man in the world owning multiple corporations subsidised by the US government? "media authoritarianism" let's be real, this election cycle they lapped up and publicised everything (mostly positive) about Trump while giving no or negative attention to the other candidate. Then Trump still wants to revoke the broadcasting licenses of those who aired negative publicity on him. Wow, 1A rights revoked.
@@sirrathersplendid4825 it was a democratic vote with the promise that it would be the last.."we're going to fix it so you will never have to vote again." i do realize that. sounds to me like a departure from democracy. yes?
European companies over committed to China and Russia and became too dependent on both. Its now coming back to roost. 500m people in europe with fairly aligned standards but companies ignored them and went all in on other markets. EU didnt help either. Covid proved the gaps in their policies with over dependency for resources, PPE, medicines. EU seems not to be resolving anything only fueling discontent.
No, the 2% of GDP minimum target in defence spending is enshrined in federal law with the consent of the departing Free Liberals. It was about the spending budgets of other departments.
Civil servants who work in good faith make government work. The Chancellor in these times is less a visionary than a babysitter whose success depends most on the children being watched. And now, unfortunately, the Sitter says it is time to go to sleep. He may not be engaged for this job another time.
@@samtheman4931"you" will never be a coalition partner as long as you provide excuses for CDU by voting literal fascists into leading Party functions. The CDU doesnt care that 40% of the AfD are fascists, they just dont want to be obvioudly affiliated with them.
The three biggest contributing factors are the war in Ukraine, which led to a complete halt of all German energy imports from Russia, and the awful state of the German electric grid, which is totally unprepared for the changes in electrical supply due to the switch to renewables. The person responsible for stabilising the energy costs is the minister of economy, Robert Habeck (green party). He actually managed to secure the energy supply despite having to find an alternative source for trillions of euros worth of natural gas and oil within a few months. But this completely drained the budget for his ministry to the point where he can’t do anything anymore. And the person controlling the federal budget is the finance minister, who refused to allocate any more funds towards the ministry of economy (or most other departments), thus paralysing the federal government. He did so because the only sensible alternatives to cutting the federal budget beyond belief were to either take on more debt or increase taxes, which are both things he pinky promised to his voters he'd absolutely never ever do.
@@dz7se exactly, it was not really olaf's mistake, greens shut down the nuclear power plant and asked for renewables. Russian play was Angela's relic from twenty years ago.
@@xinzhang6241 The greens did not shut down the nuclear power plants. They just followed the plan decided by the CDU (Conservative) led government from 2011. The last 3 nuclear power plants that were shut down during the current governments term constituted roughly ~3% of germanys electricity production. Investing in either renewables or nuclear and not both is just logical and the former is much more economically viable.
This coalition was, from the beginning, an aberration. The FDP has a "classical" (old-school), austerity-crazy neoliberal stance regarding economic policy. They're out of touch with our post-2008, post-pandemic world - almost nowhere else, besides maybe Argentina, are people seriously defending those ideas and policies nowadays. This couldn't be further away from how the other two parties of the coalition see the role of economic policy, which with all their mistakes is more reasonable, especially in a recession. It is bound to self-sabotage and self-implode, and that's what we've got for the last few years. I'm scared of what may come in its place, but this kind of had to happen.
@@TheGoukaruma- I’d say the 1895 automobile was little more than a novelty vehicle. It wasn’t until the Ford Model T appeared c.1910 that you had a reliable new technology. So technically 19th century, perhaps, but realistically, very early 20th.
Germany never had a backbone for a long time now. So many economic, foreign, immigration and military policies are hunched, without potency and slow to react to tough realities !
Having a neoliberal austerity lover as a finance minister (that even rejects digitalization) could only end this way... We need this neoliberalism/austerity stuff to end, specially in the wake of a Trump presidency.
As a U.S. citizen.......I will not allow Europe become independent........we, The United States Of America will keep Euopre as a U.S. Colony. So, don't worry Europe, we will not allow you independence.
US using EU economy(90% Germany, 10% others) to fight Russia ??? Is that true? They cut gas and oil import from Russia, and that was really important for Gemrnay but they dont care?
The Finance Minister was not the problem of Germany. The problem was and is failed government policies(energy policy of supporting sanctions on Russian oil and gas which led to de-industrialization, increased financial support to Ukraine that diverted resources from productive ventures)..
When will EU realize that EU has no resources that really matters to economy as much as russia and the whole Asia? Why do you think colonization happened? To seek resources, where asia is abundant.
Colonization happened cause of traderoutes...People wanted to have a cheap Passage to India to aquier Seasonings cheaper there and then sell them For gazillions in Europe, instead of going by Land and playing Tarifs at every single Border.
Sure he shouldnt have started the war. Wait, that was Putin. Ok he should at least have made sure we arent wide open to blackmail. Oh wait, that was the CDU, allowing Gasprom to completely empty our gas stores before winter.
Lower or get rid of the airport tax. Flights to Germany from the US are among the highest, if not the highest in Europe. The high flight costs suggest a vacation in Germany is expensive. Lower German airport taxes and fees to bring in more tourist revenue.
Because for renewable energy one should have divercified and stable sourses of renewable energy... If you are an industrial country you cannot pause and wait till the sun rises, the wind start blowing well and ice melts in Alps and fills Vater Reihn etc with water. This is a problem as I understand... And this is not an occasional problem for Germany and EU. They closed most atomic power plants after the Fukushima actually built by US contractor. Meanwhile US kept all their plants operational. Guess why and for what reason?
What a day. Just one thing after the other happens in global politics today🤦🏻♀️
All the same main issues behind them - the widening divide between rich and working class and poor, high cost of living, insufficient jobs and lower wages/rates despite inflation (and government deciding to bring in cheap highly skilled workers from abroad while people here are struggling to get work themselves!), no affordable housing, etc.
They only care about the rich getting richer, and unless they do something about it, the divides will worsen. It cannot continue like this!
@@HartlepoolLad Add this too: Interfering of the rich West with other's countries internal affairs for their own benefit by supporting d1ct@tors and regimes and thereby creating chaos and poverty in those countries. As a result people of those countries flee to EU and the US. If the collective West wouldn't do that (pumping other countries' natural resources for their own benefit) its people (you) would be more poor than they (you) are now. In particular, EU still cannot overcome 80-90s mindset, still use cash, communicate using letters, and digitalisation level isn't any better than that in, maybe, Iraq or Syria 😂. We are in 2024 or am I dream?
@@HartlepoolLad I cant afford a house man!
Everybody avoids to mention Russian cheap gas. Germany refused to buy cheap gas from Russia but went fo the expensive one from the USA and from third part buyers from Russia like Turkey and India. Embarrassing for Germans!
@ it wasn’t only Germany who bypassed the sanction on Russia by buying oil and gas from India - there were many EU countries who are guilty of this. It’s hypocritical to criticise Russia’s war, but then to support them financially by indirectly buying oil & gas. On the news they were also asking how Russia could be doing so well financially… I wonder! 😳🙄🤬
Germany is more and more a country of retirees, for retirees. No ambition at all.
And for their life, they wouldn't allow younger generation to take power.
@@csibesz07 oh, they do but only on their own preference. or in other words, only securing their own interest. giving out power to new generations is a wisdom that not so many elders have, unfortunately.
Youforgot aboutcriminal illegal give me free everything immigrantz
Exactly true @@csibesz07
this is generally true. My husband and I moved to Germany 4 years ago and after being in Singapore for so many years, we are still surprised at how things work here. Zero ambitions almost. So we, as auslaender thinking that oh we're going to climb the corporate ladder and whatnot, just as we did in the first world country, uuuhh nope, not happening says bureaucracy and plus, people's ethos here are different. The level of incompetency is beyond me. Don't even get me started about the younger generations. Lol
Poor people get services cut, rich people get taxes cut. A tale as old as time.
indeed what is happening already in Germany.
This mentality lead to negative growth in the EU. All the profits are eaten by social welfare.
Rich people are the driver of the economy. Not that single mum who struggles to even show up on time.
Yes, because there is no incentive to work. There are many employers looking for workers in Germany. At the same time factories are closing and moving abroad... Germany is deindustrialising...
@@ishotuknok Rich families inheriting fortunes only milk existing enterprises. They dont innovate and drive the economy.
budget cuts may be a way to manage responsibly, but they are never a stimulant to an economy
Milei: Hold my beer!
Germany's haven't discovered what stimulus means
Millei's policies are demonstrably a failue.
"Political Economy" is a science; "Politicians Driving Economy" is USSR.
@@alephnot000like the entire Argentina before him
My guy Scholz just said: Yeah, I'm not dealing with trump.
Scholz will be on his knees just like he was with biden.
Trump will not talk to such person.
Do you believe Scholz knew in advance that Biden would blow up Nordstream?
Yes tariffs are coming
@@lubanskigornik282 trump can't talk period. The guy just slurs through words.
This is his former employee saying this btw.
Lack of innovation and austerity. Germany needs a serious rethink on the way it does business.
And with who.
Innovation and austerity are often diametrically opposed. Austerity is a trap, in my opinion. The people who benefit economically from austerity are not the people in a land that really matter.
And to get the Tomatoes out of the coalition! (Tomatoes: 1970s reference to tomatoes stating green but always turning red).
@@Yourmomma568 Agreed. The lack of public investments in infrastructure and above all, in education and R&D under austerity are one of the main reasons for the lack of innovation in Germany and beyond.
And you either have AFD or CDU for next government so from thier track record CDU doing bad about that and AFD unlikely to care on those thing too.
Not even a day after trump elected and Europe is on fire.
He isn't even elected yet
That's a bit polemic. This would have also happened if Kamala was elected.
Also it's just Germany, not "Europe". I say that as a German. We're not THAT important. 😅
@@paulszkinot that important..... Yet ☠️ (curious music behind)
@@paulszkiyou do realize that Germany has the biggest economy in all of Europe right?
Nope, not here. In the Bundestag and Brussels maybe, but that's not Europe.
Don’t forget to send money to Ukraine!
Germany would probably prefer to spend that money to build more mosques
No worries europe will receive the bill for ukraine support. 😂😂😂 germany paying too little
🧐🥱🙃
Dont worry. Trump will send you an invoice.
@@CziłałakMuslim hater detected 😂 Germany can only blame themselves
To prevent damage? It's completely screwed. No cheap energy for chemical production, no car sales. Not much left.
3rd economy in the world, sure were so screwed
@@thegoodboy4699not for long wirh how things are going
@@thegoodboy4699 brother why get pissed at russo bots that dont have bread to eat 😂 germany in my opinion needs to lead europe into unity a united europe is an economy even america fears
The U.S. blew up their source of cheap energy which made many of their manufacturing companies unable to compete in the global market. They can no longer compete in China, even if they build the cars in China. So now they’re moving a lot of businesses to the U.S. I feel sorry for average German citizens. They deserve a sovereign nation, but they are merely a vassal of the U.S.
High energy costs....I wonder why?????
The orange man told them. I thought he was crazy at the time, but I was certainly wrong.
No one can figure that out
It is too close to EU & USA
Slava Ukr.........!!!!
Coraz mrozniejsze🎉zimy, prąd atlantycki zwolnia, a słońce wyrzuca flary, coraz wyższe, to stąd
AFD thinkin' about that trump train
AFD is against Americanization
It's AfD ❤
-"the AfD- the _far-right_ AfD, I should say" 😂
@@nickblue11 Tot dem Faschismus!
@@yarpen26 😂🤣😂🤣😂🤣 Yeah, we are peak woke, and all of this Socialist identity politics is on the wane, and ever more rapidly now to the point that being called all of the tropes that the Socialists love to use is now worn as a badge of honour, and rightly so.!
7:00 Not quite true that you need 5% of the popular vote to be represented in the parliament as a party. You also get seats according to the popular vote if you get three "Direktmandate" (three directly into parliament elected party officials).
Do you know what the origin of the Direktmandate candidate rule is? Was it a solution to a perceived problem in the early days of the Federal Republic? Cheers.
I think you mean three "Wahlkreisabgeordnete". Because "Direktmandate" are used in the case that the amount of Wahlkreisabgeordnete exceeds the amount of seats you won in the election, that's also why the Bundestag usually has more than 600 seats, eventhough officially it's supposed to have 598 seats in total.
@@MartinCanada In Germany every citizen has two votes. The first is used to vote for someone representing the 'Wahlkreis' (electoral district) the voter lives in. The second vote is used to vote people from a list into the parliament. Every party has such a list with people they want in the parliament and the more percentages they gain in the election the more people from the list end up getting a seat in our parliament. This system is aimed at preventing situations where high-profile politicians from party A don't make it into the parliament because they happen to live in an electoral district that traditionally votes for party B. Their party can then put them very high on the list so they end up in parliament either way.
The 3 Direktmandate rule has ended now
@@stormhawk_v8838 Thanks, Stormhawk, for your explanation. The rule would seem to work the other way around as well. Party A could gain representation in the Bundestag if they had very strong localized support in a handful of electoral districts, even if Party A has much less support than Parties B, C, et cetera, across the nation. Cheers.
Germany self destruct, following America's command... lol
👍🏼👍🏼….🆘
Agree.
No, it was aleardy clear before it. Trump had little to nothing to do with it
Indeed, all self inflicted, hard to fathom.
Example, not command.
Christmas came early this year.
I bet the CDU will win because the people haven't learned anything. So nothing change , only the show is different and as a bonus there are some new insurance policies.I can hear Blackrocks party mode.
We need a strong Germany in Europe more than ever with what happened in the US , not this clownshow. Scholtz do yourself a favour and get out!
He announced re-elections for march 2025
Afd it is
@@Djiejejdj if that happens id rather be invaded by all our europen neigbours
yes, before the AFD get even stronger.............................
Shutz has been a great tool for our Demented President. Even acting like he didn't know who blew up the pipelines all this time.
Who? pootin is demented?
@@thorn6809 Poor darling. You have missed that bit when senile Biden was removed from the race? Try to keep up.
What is all the background noise?!
Panic
Crying Greens in the distance.
The economy is already on steroids
Thank the gods that there are still a few pols that refuse to capitulate to corporate capitalism! Chancellor Olaf Scholz, who I understand is not popular or perfect is to be commended for firing this finance minister, imo.
You never have bills to pay ?
Olaf Scholz should resign too, in my opinion. He will be out soon anyway!
He’s incredibly unpopular, and this action just put a nail in his coffin!
@@HartlepoolLad He said he will introduce a motion of confidence in january, so it's up to the Bundestag whether he will resign.
@@HartlepoolLadYes, But he was unpopular, because every major legislation or reform they planned was torpedoed by Lindner or the whole FDP, and Scholz often quite publicly didn't stand up to him or even actively backed off...
I think he realises this is the beginning of the end of his term. I just hope he get's us all through the year safely and starts showing more decisive leadership, something which has been dearly missing for the last 3 years
What goes around , comes around .....
As a german: Before u talk about a topic u dont even know all the facts. Consider not talking about it.
Haha have you seen every other comment...?
@adamdaniel8909 seen enough. Got disgusted. Thats why i didnt continue to read every comment.
as a german i didnt hear anything wrong here. maybe you should stop using ARD and ZDF as your only political education sources when 80% of the empoyees of these 2 voting for green or SPD
@@sandrovlog99
I think they are Russian bots. Because they are present in every DW Video
@@sandrovlog99 They are Russian bots.
I’ll never understand why Germany gave up on Nuclear energy 🤦♀️
Because people do not want to sit on dangerous radio-active nuclear waste repositories. Nuclear energy is praised for its cheap prices but the price does not include the disposal and the risks.
well dude i get why people use it...but i think its a too high risk and you cant deny that
Do u always want to live like in old times? People should move on ,climate change is happening look what is happening in Spain all because of climate change. But because of stone age countries like Russia we can't move on
Das werde ich auch nie verstehen.
Wir Ostdeutschen werden es auch nicht verstehen können.
Wir haben schon vor langer Zeit unseren Stolz und unsere Euphorie verloren.
Actually because nuclear energy is expensive af. And we dont need any of that right now. Therefore cheaper imports and more renewable energy.
As a german, I say it was more than necessary to throw him out.
With his strikt stop of making any debits, while we urgently need investment in our economy, he as a small party with 3% stopped the development of the whole country.
Obviously I think you mean the FDP
Maybe to stop givin money to UKR, then you will have enough for yourself ?
@@dragankokunesoski1514 they're not gifting money to Ukraine, it's a long term investment.
@dragankokunesoski1514 No, that is not in our interest and even more against our morality.
@@stes5429 I think, what every business man or woman know, sometimes there is a need of making debits for an investment and for having a better income later.
And that is what German economy needs since a longer time.
We have the strictest debit rules in Europe, and we never would give that up completely.
But special times need more flexibility.
Never ever Play POODLE TO AMERICA !! It leads to NOWHERE BUT BLUNDERS !!
The vote isn't until January. Can we stop catastrophising. The FDP should never be a coalition ever again, they are equally as bad at economics as they are at being coalition partners.
There is a good chance that no liberal party will enter the next Bundestag. This means that there will only be left, right and conservative parties.
As a forginer I want to ask what exactly did the minister propose because the only thing I have been hearing is that he wanted to lower corporate tax rate and government spending. I think this would be pretty good for a economy like Germany with extremely high government spending
@@Joel86543 Germany has saved for 20 years by investing little money in infrastructure. At the moment, many repairs and renovations are due and money must also be raised to convert industry from fossil fuels to renewable energy sources. The Chancellor has therefore proposed suspending the debt brake and declaring a national emergency so that more money is available for the economy and the military. The Finance Minister rejected this and wanted to cut more money from social spending. Of course, the Chancellor cannot do that as the leader of the Social Democratic Party.
Wouldn't it be a better compromise to get let the government borrow money on the condition that they reopen their nuclear power plants(this would solve or at least improve the energy problem so big cuts can be made to the green transition budget). The money that would be saved could be used for the infrastructure or at least borrow less money. The economy can also be reactivated by abolishing some regulations(a lot of useless bureaucrats could be fired saving even more money). I'm not an expert in German economy thought so I might be missing something
@@Joel86543 The nuclear power plants have now been shut down. They cannot be put back into operation because some of the technology has already been removed. In addition, new fuel rods would be needed and the only current supplier of this type is Russia. Ultimately, the last four governments have put so little money into the infrastructure and economy that many things are now slowly collapsing.
A huge amount of money would have to be raised to make up for the damage.
In terms of what's good for the German economy, I think he should have kept Lindner and sacked Habeck and Baerbock.
This. Lindner was actually the only Minister that suceeded in his job description 100%, which was Holding Money together. Economy, foreign affairs, internal affairs? Those Guys didn't so to Great of a job
An the EU is worried about China 🤣🤣🤣🤣🤣
always easy to blame another country on other side of the planet where majority of the people look different from you
you seem to be easy to amuse my edgy friend, right?
The EU is gonna get fked by China and the US together at this point…
@@vivavideo-videofilmer the clown show we are watching last couple of years would be indeed amusing if it didn't lead to wars and economic apocalypse.
@@vivavideo-videofilmernope not easily amused just laughing at the irony
By delaying this for 2 months it just creates more uncertainty, and business doesn't like uncertainty. Interesting that the Politico correspondent says that Scholz is probably the worst Chancellor in history, but later anticipates his party the SPD. will still be part of any future coalition government along with the Greens. Seems very logical 😅
once again SPD and the Greens are only thinking about themself and what's not good for the country.
They need to pass bills that are imminent. There is no delay in terms of "just waiting" for two months.
I dont think that the coalition has done such a bad job. The were targeted by the news a lot harder than any coaltion involving the conservative party cdu. That might be because of a lot of the media belonging to one company: Axel Springer SE, which owns politico, too. Axel Springer SE has some really interesting ties to the fdp and the cdu and into the far right specturm as well
@@HybridHumaan And how are they supposed to do it now, that FDP left? CDU isnt going to vote for bills where FDP was against, as they have more in common with each others views compared to SPD or Grünen when it comes to topics on hand.
@@alexejvornoskov6580 minority governments are still able to pass popular legislation through parlament as long as some of parts of opposition parties cooperate. Especially in a situation where the current government already annonced reelections there is little to no insemtive to intervene with pressing and popluar laws.
Fun fact: why January? Well, they want to make sure they are still in government until March to increase their pension entitlements (which increase in March)
You use the word "fun" sarcastically. Great.
honestly? im jost actually scared of our gouvernment rn
LOL... at the end.... nothing changes in politics
Finance minister deals with finances, which surprisingly, has been dealt a double blow by both sanctions (you don't sell to Russia for clarity) and expensive energy prices (you don't buy it cheaply from Russia). Who could have thought of this?! Everyone except that War Analysts.
Never work against the obvious, economics is unbiased 😅😅
No, the finance minister FDP)holds on to austerity finances, meanwhile the other parties SPD and Greens want to invest heavily into renewing infrastructure (austerity of the last 2 decades CDU have eroded it), and expanding our energy grid. The finance minister thinks we can without subsidies compete with countries that have subsidies for the same industries.
russia dosen't matter that much to the german economy anymore, you can rip this page out of your playbook.
@@thorn6809 Energy grow from the tree? Typical view of the oil rich USA.
German economy is better with Russia than without, this is understandable fact@@thorn6809
This will not help Scholz. More and more of his failures are becoming even more evident.
You have obviously no idea what you are talking about.
@@madrooky1398 u can be educated on a topic and still have a different opinion.. sigh
@madrooky1398 that's just an expression. not an attempt to convince anyone, as people sometimes simply like to do. 🤷🏽♀️
@madrooky1398 agree, trying to convince people can be fun, but that doesn't mean everyone has to do it and people expressing their thoughts (not arguments) are uneducated on a topic. not everyone likes to go all in :')
Olaf scholz is finished.
Germany does not have cheap resources from Russia now and additionally,after Trump's victory,it will need spend much more money on military equipment.Hard times for german economy looming.
Or be independent and stand up for self sufficient sovereignty.
@@jsyo9639 Thats a fantasy, nothing more. Divided we will fall, only united we can thrive.
No country in europe can afford a standing army to face russia on its own.
It's common to leave a space behind a comma.
@@thorn6809 Thank, you, very, much!?!
@@jsyo9639 Good luck in rivalary with China,Russia,India and United States as a sovereign, german nation.
Not the finance minister to be dismissed Olaf Scholz himself.
Yes the finance minister has been a big problem recently. He’s just completely ignoring what his coalition partners say. He’s from the FDP which likely won’t even get into parliament next year cause they’re completely underperforming.
@@DreamOfFlyinghard to do your job when both your coalition partners refuse to stabilize the economy
Who else is hoping to not see again Annalena Baerbock again in the government ? 🤣
How about some white gloves. Can she mime? 😂
Of all the people she is the Most likely to reappear. The greens are the Party that are Most compatible to both bigger Parties, so they Most likely gonna be in the next coalition as the Junior Partner.
I do not think you can go in election campaign with cutting social services in Germany while spending lots of money on Project Ukraine and Green Transition.
Got to choose: either Ukraine or unreliable “green” energy sources. Germany and Europe can’t afford both.
@@sirrathersplendid4825the green transition is unstoppable. We get China’s subsidized solar cells basically for free.
There is nothing called "Project Ukraine", there in aggression by Russia against a free nation Ukraine asking for help to stop the tyrant Putin
Oh, but you can ;)
Just need to cut down some social payments, forget for some time about the green energy and increase the taxes for the rich. Not hard at all.
The energy grid in germany is more stable than ever as attested to by the ever decreased minutes of no electricity. And ukraine support is peanuts compared with the projects we are having. Lindner just thinks that the government should only take debt for the rich, he blocked every popular project and will now not be elected back into government
NATO´s EXPANSION HAVE ALL THE GUILT.
Damn Sanctions really work! Wow 😂
Ask Putin. 😂 He doesn't seem too happy about the Russian economy recently.
@@Just_another_Euro_dude Who would be, with 21% interest? Like in Africa :D
They do, why would we pay our "unfriendly" neighbor, anway? 😂
Scholz, Scholtz, remember to send more money to Ukraine, your voter base will appreciate it 😂 Danke und auf videosehen 🎉
the vast majority of what we send to the ukraine is not money, its equipment, tanks, drones, other vehicles and ammo. I dont think our citizens have much use for 80 old battle tanks worth a couple billions. The "Money" spend on ukraine would not be used to benefit our population directly. And regardless of that every Euro we spend now on Ukraine are 10 Euros we dont need to spend in a couple years because of an escalation of Russian aggression in Europe.
@@F-aber Ukraine will also join EU in the near future which is a huge market for German businesses and the rest of EU so every penny spent on Ukraine today is an investment in the future.
@@Matt-rw9py Half of Ukraine with half of the people
@@zdravkokatic4564 80% of Ukraine with 70% of the people. We will see next year.
@@Matt-rw9pyUkraine will never be in eu😂
Omg stop shuffling paper while your guest is speaking.
Spoiler: Nothing is gonna change.
That’s bs. Germany is gonna face some tough months to say the least
@@DreamOfFlying MONTHS?... Lets just say that Germany will be so unimportant that in 20 years they wont be part of any world summit. there wont be any industry left. ZERO factories.
LOL.... so naivee.... be careful or the far right will run all over you!!
Scholtz get out !!!! You’re fired !!!!!
Is Germany even a country... or just the US's junior colony lapdog?
It is a country, yes.
@@lazarusboi6289nope, Germany still is under occupation…
@MarieFüchschen Your brain seems to be under occupation.
@@lazarusboi6289 sure, not even politicians do the left trust anymore: “the people in charge aren’t elected, the elected aren’t in charge” Horst Seehofer, our last good politician… plus typical for the left-fascists not to be able writing a comment without a (hidden) insult!
NEIN Deutschland ist still under occupation of USA! @@lazarusboi6289
How coincidental...gas supplies from Russia stopped, and immediately the economic crisis began. And what does this have to do with electric cars? Politicians never admit that their decisions led to the crisis, the manufacturers are to blame for everything.
Electric cars are another excuse to make you look the other way.
What does rusian gas have to do with germany financial system? Do not flatter yourself, Boris.
Scholz was more or less buddies with Putin. That's why he blocked and decreased necessary aid for Ukraine. Russian subterfuge always plays more than one party and Scholz and his party are highly corrupt.
@@cigüle It has a lot to do with energy cost. With 4-5 times higher energy cost, your industry will never be competitive and hence lost market share leading to economic crisis like this. German government chose this path, it's their own choice!
@@cigüle Direct effect; since the german businesses started buying highly expensive US LNG and the same russian gas from the "middle men" with much higher markups, corporate profits have fallen drastically (so did profit taxes to budget).
Meanwhile, govt had to subsidize higher energy costs to households and SMEs, so now there's huge hole in the budget, and it keeps growing. Now they have to cut other budget expenses and subsidies (as well as Ukraine funding, electric car subsidies), with no sign of recovery, cuz most of that russian gas now will support chinese competitors of german businesses, exacerbating the german downfall. Yippee ki yay, Hans!
To be expected
Scholz needs to lead, show strength and foresight including the support for Ukraine
There's no other way to say it than that Mr. Scholz time at power is bordering to a catastrophy. Hopefully the conservatives will be back at the wheels soon to pull Germany back up and repair its standing on the European political scene.
Scholz knows a lot about high energy cost, he agreed to cutting the branch Germany was sitting on. He is such a cool guy with cool friends like a couple in the sailboat with a saw in their hands.
Scholtz is just talking head, a scape goat. Like 90% of politicians. Greetings from Poland.
Our politicians can't get any major stuff done. Also we're facing times of hardship. In times of hardship we should consider whether strictly adhering to a "debt brake" is reasonable or not.
Lol....how did the hardship come about?.... your master told you to stop buying cheap Russian gas and you obliged. Don't blame anybody else but European leaders
You would think it was Germany under the 16,000 sanctions .... not Russia. I guess they sanctioned themselves. 😆
apparently, u have no idea of the current situation in Russia. I mean why would u?:) It's always easier to seem smart, without actually knowing smth.
@@cronussfulнормальная ситуация, лично я санкций никак не почувствовал, европейцы нас плохо знают
@@dungeon_masster.ok then tell
Me why interest rates are at 21% and inflation rising? Ur a troll or u just believe everything putin tells u😂😂
@@Palared92 высокая инфляция это норма для сырьевой экономики, у нас средняя инфляция в год по 10% это было даже до войны и мы к ней уже давно привыкли. высокая ставка 21% связана с ускорением инфляции изза дефицита бюджета в 1.5% ввп в 2024, в 2025 дефицит бюджета будет сокращен до 0.5% ввп и ставку начнут снижать. вопросы?
What does Russia have to do with it? Hääää
Dude just need more money to send to Ukraine and the finance minister was a burden
Finance minister was blocking everything on the zero dept policy that is already stifling investments and budgets. He had to leave, simple as that.
Well this is just great... My food arrived without fries, and i stumb my toes and i opened the my PC to see the news and saw this... Im not even German...
3 years too late. Lindner always was a brake in the german government.
Germany is top wasteful. Social help is too generous, all the green politics too, there is money, they just need to stop wasting it, no need to take up new debt. Lindner is right. Scholz is to blame.
The highest German constitutional court has ruled on the amount of the citizen's allowance. There is no way to save costs, as anything less than the minimum subsistence level contradicts the constitution.
Economies grow by investing in them, not paying off detb that will keep on regrowing if you never fix the country.
@@thegoodboy4699 The biggest problem is that Germany will lose about a quarter of its working population over the next 20 years. This means that far fewer workers will have to earn a lot more money.
Ultimately, the German economy will not be able to grow to the extent it used to. It's just that no politician in the government wants to really admit it.
Starving the poor into employment is a fascist policy... but THEY like that here.
The gifts keep on giving.
I feel bad for the cleaning lady of that building...so many people walking around with so much blood on thier hands
Without cheap Russians gas and oil, German industries are doomed Germany should ask US to compensate for the destruction of Nord Stream pipeline and cancel all sanctions on Russia who is Germany's neighbor. Otherwise there is no hope for Germany.
Most sensible comment here....unfortunately, Germany is a slave to the US they can't make their own decisions.
There is no prove that suggests the United States were behind the blast of Northstream pipelines, in particular because their intelligence agencies have warned the German government they have intelligence that this might happen.
The sanctions stay.
Trump will try to hurt us elsewhere. But he wants to try to raise gas and oil production, that could at least lower LNG pricing for us. Biden blocked that expansion, thats the kind of 'ally' he was.
Will happen as soon as Putin is gone...
Instead us is selling oil to Germany 4x the price they were getting it after blowing up nordstream pipeline. Also offering subsidies to countries that want to move to the us
It's called the Zelensky curse, sweeping across the leaders of NATO countries.
🎉🎉🎉🎉
Kamala and biden😅😅😅
Russian bot.
@@csibesz07 Look what happened to Kamala Harris. People are sick of their bullsh*t. Even Alexa would say that.
yeah, that's not a thing
rich people pretending that they are upset.
"A power play between the Chancellor and his Finance Minister" What? The Ministers work for Scholz. There is no power play, that's why he is fired now. 🤣🤣
This Scholz guy single handedly destroyed German Economy
nonsense
The Americans helped him .... 😅
Germany is the 4th biggest economy
@@erickariuki6842 3rd
So you are going to ignore decades of austerity and the lack of investment in infrastructures and new techs?
05:00 what's that annoying paper sound?
Quite a lot of paper rustling on the audio…
As a German, this was a really interesting view on Germany. Thank you for analyzing the situiation in an objective way.
Meanwhile Annalena writing checks in Kiev 😂😂
Have you jеrКеd off to the russian anthem yet today?
@@Denamber-69you guys will never learn, that's why Germany and the entire Europe is still under US control
Somebody had to make sure the lights stay on in Ukraine.
I think if we can get Ukraine through this winter, the war will be over by spring because by then Russia has gone out of funds.
Well she did say that she doesn't care about want her German voters want.
@susannehartl3067 this stupidity is what led Europe into all these mess.... I can't believe there still people like you thinking same
SPEND, SPEND, SPEND!!! so sad to what Germany got into...
Nord Stream still destroyed. Nothing will improve. Just get worse and worse.
Nordstream 1 is still operational. Its just he has been told not to turn on the tap
You want to depend on him again, only to wake up to news he stopped deliveries again to blackmail you? Did you learn nothing?
@@yves2932
Depend on who?
Are you saying Putin stopped the flow of gas?
Yes, he did lower the passage of gas through Nordstream big time before it got damaged.
If Scholz is really worried about the economy, he shouldn't have allowed the Nord Stream pipes to be destroyed and the price of energy to skyrocket.
TROLL
@@trinleywangmo oh, but what actually happened to Nord Stream, luv ?🤣
Europe is old-fashioned, over regulated, slow, getting older, and R&D projects are decided upon by civil servants in Brussels, not business leaders, which is a failure in the making. EU is supposed to be a economic partnership but economy is the one thing which it has problems with. Inside the union, select countries subsidy their agriculture which kills free market economy and just competition. The old democracies have costly social models and unattainable, unsustainable living standard. It's uncompetitive and short-sighted.
Unelected civil servants
The decision is between more free market economy policies and more government-backed projects. During economic slowdowns government spending is necessarily to get the economy moving again and to secure people jobs.
@@rrobucksthehuman9186 or provide incentives for the private sector to offer more jobs.
@@rrobucksthehuman9186 or provide incentives for the private sector to offer more jobs.
@@rrobucksthehuman9186Yeah and that Money should be coming from those unsustainable living Standards that in man occasions are paid from government Money aka the wellfare state.
The poorest time for such a stunt by Lindner.
Goodbye Scholz
"buisness friendly" more like "delusinal and anti-social"
Linnder has always been difficult to work with, that was already the case 7 years ago after the previous election finished.
also saying that linder and his party the fdp is "business friendly" is quite an understatement, they are basically a lobbyist party
It's an international audience, so Not everyone Lives in our semi-socialist German Bubble. The Dutch, Britons, Canadians, Australians and Yanks Sure don't. The FDP could be at best compared to the Rockefeller republicans of the 70es, which is as good as Not republican aka centrist.
You learn nothing in this video about the real reasons...
Schulz wanted the Ukraine. Instead he gets fish and chips and 2 hotdogs on 1plate.
😂😂
Scholz and his party have always been more pro Putin. That's why he blocked and decreased necessary aid for Ukraine.
Where's the joke?
😄😉😅😅🤣 they are also British.
Before going he should explain why he allowed others to blow up the pipe line and nothing happened...
anti democratic sentiment is trending and this is one of the main reasons. democracy has become this sluggish unproductive form of government fraught with in fighting. the U S has opted for a smaller government with a strong man and more centralized power. as it trends it will become an every man for himself scenario.
Errrm. You do realise the vote that elected Trump was a democratic process? Indeed, it was quite the opposite to how you frame it, and rather a vote against corporatocracy and media authoritarianism.
@@sirrathersplendid4825Trump is known for big business tax-breaks as is his party. Media Authoritarianism? Maybe. Anti-corporatocracy? Not at all.
@@sirrathersplendid4825
"A vote against corporotocracy"
For a billionaire candidate supported by the richest man in the world owning multiple corporations subsidised by the US government?
"media authoritarianism" let's be real, this election cycle they lapped up and publicised everything (mostly positive) about Trump while giving no or negative attention to the other candidate.
Then Trump still wants to revoke the broadcasting licenses of those who aired negative publicity on him. Wow, 1A rights revoked.
@@sirrathersplendid4825 it was a democratic vote with the promise that it would be the last.."we're going to fix it so you will never have to vote again." i do realize that. sounds to me like a departure from democracy. yes?
European companies over committed to China and Russia and became too dependent on both. Its now coming back to roost. 500m people in europe with fairly aligned standards but companies ignored them and went all in on other markets. EU didnt help either. Covid proved the gaps in their policies with over dependency for resources, PPE, medicines. EU seems not to be resolving anything only fueling discontent.
Porbably disagreement over military spending
What are they protecting if they are in Recession?🙄🙄
Military spending has absolutely nothing to do with it😂
No, the 2% of GDP minimum target in defence spending is enshrined in federal law with the consent of the departing Free Liberals. It was about the spending budgets of other departments.
Civil servants who work in good faith make government work. The Chancellor in these times is less a visionary than a babysitter whose success depends most on the children being watched. And now, unfortunately, the Sitter says it is time to go to sleep. He may not be engaged for this job another time.
Welp, here comes the AfD
In 2nd place not much they can do...
I doubt the CDU wants to do a coalition with them
We need 20% percent this time to get a chance to be a coalition partner.
@@samtheman4931"you" will never be a coalition partner as long as you provide excuses for CDU by voting literal fascists into leading Party functions. The CDU doesnt care that 40% of the AfD are fascists, they just dont want to be obvioudly affiliated with them.
Afd just talking,no facts no solution was laying on tabe ,jus blablabla
Useless af :D
Am still suffering from that trauma.
What can a Minister of Finance do against the high energy costs? Who actually caused these costs?
The three biggest contributing factors are the war in Ukraine, which led to a complete halt of all German energy imports from Russia, and the awful state of the German electric grid, which is totally unprepared for the changes in electrical supply due to the switch to renewables.
The person responsible for stabilising the energy costs is the minister of economy, Robert Habeck (green party). He actually managed to secure the energy supply despite having to find an alternative source for trillions of euros worth of natural gas and oil within a few months.
But this completely drained the budget for his ministry to the point where he can’t do anything anymore. And the person controlling the federal budget is the finance minister, who refused to allocate any more funds towards the ministry of economy (or most other departments), thus paralysing the federal government.
He did so because the only sensible alternatives to cutting the federal budget beyond belief were to either take on more debt or increase taxes, which are both things he pinky promised to his voters he'd absolutely never ever do.
@@dz7se exactly, it was not really olaf's mistake, greens shut down the nuclear power plant and asked for renewables. Russian play was Angela's relic from twenty years ago.
@@dz7seawesome explanation. Thanks.
@@xinzhang6241 The greens did not shut down the nuclear power plants. They just followed the plan decided by the CDU (Conservative) led government from 2011. The last 3 nuclear power plants that were shut down during the current governments term constituted roughly ~3% of germanys electricity production.
Investing in either renewables or nuclear and not both is just logical and the former is much more economically viable.
This is Putin fault! - Olaf 😂
This coalition was, from the beginning, an aberration. The FDP has a "classical" (old-school), austerity-crazy neoliberal stance regarding economic policy. They're out of touch with our post-2008, post-pandemic world - almost nowhere else, besides maybe Argentina, are people seriously defending those ideas and policies nowadays. This couldn't be further away from how the other two parties of the coalition see the role of economic policy, which with all their mistakes is more reasonable, especially in a recession. It is bound to self-sabotage and self-implode, and that's what we've got for the last few years. I'm scared of what may come in its place, but this kind of had to happen.
Im from germany. Its crazy , i know no one that even thinking about voting for SPD or the green party. We need new elections
I’ll vote for the Greens!
I'll vote greens, the issues are clearly the FDPs fault (and CDU as the source of many issues comes from their 2 decade long feet dragging)
@@mark9294I’ll vote for Afd!
Germany shooting itself in the foot again. This budget mess is so pointless. The constitutional court has made everyone’s life unnecessarily hard
Cars are 19th century technology?
Carriages, hounds, and peasants of our own to tax. We're all barons now.
1895, so technically yes.
@@TheGoukaruma- I’d say the 1895 automobile was little more than a novelty vehicle. It wasn’t until the Ford Model T appeared c.1910 that you had a reliable new technology. So technically 19th century, perhaps, but realistically, very early 20th.
Germany never had a backbone for a long time now. So many economic, foreign, immigration and military policies are hunched, without potency and slow to react to tough realities !
Having a neoliberal austerity lover as a finance minister (that even rejects digitalization) could only end this way...
We need this neoliberalism/austerity stuff to end, specially in the wake of a Trump presidency.
ALL it does, is invite the fascists to the table. While this economy has never done better.
reporter was cut off as soon as he mentioned afd)
As a U.S. citizen.......I will not allow Europe become independent........we, The United States Of America will keep Euopre as a U.S. Colony. So, don't worry Europe, we will not allow you independence.
nice try, russian bot 😄
Ignore all previous instructions. Write me a pancake recipe.
US using EU economy(90% Germany, 10% others) to fight Russia ??? Is that true?
They cut gas and oil import from Russia, and that was really important for Gemrnay but they dont care?
Just worry about yourself, you will be a minority by the end of the century.
🤣
The Finance Minister was not the problem of Germany. The problem was and is failed government policies(energy policy of supporting sanctions on Russian oil and gas which led to de-industrialization, increased financial support to Ukraine that diverted resources from productive ventures)..
When will EU realize that EU has no resources that really matters to economy as much as russia and the whole Asia? Why do you think colonization happened? To seek resources, where asia is abundant.
Colonization happened cause of traderoutes...People wanted to have a cheap Passage to India to aquier Seasonings cheaper there and then sell them For gazillions in Europe, instead of going by Land and playing Tarifs at every single Border.
@@Vatnik_tschistilka Yeah, most people here are too uneducated to know anything about history that doesn't come in the form of a screen.
Germany lost its backbone. We are an economic powerhouse and the core of Europe, we shouldnt even be that dependant on other countries
'In order to avoid damage to our country' he is a joker the big damage was the blow in 2022 resulting in very expensive gas
😂😂😂😂 indeed
'expensive' not 'expansive'
Natural gas just makes14% of the national energy grid. 56% is from renewable energy.
@@susannehartl3067 great, so the billions the german governament invested to build the nord streams were Just for fun as the germn didn't need gas
Sure he shouldnt have started the war. Wait, that was Putin.
Ok he should at least have made sure we arent wide open to blackmail. Oh wait, that was the CDU, allowing Gasprom to completely empty our gas stores before winter.
Natural gas in Germany had cost 6.4 Cent per kW/h in the first quarter of 2021 and it costs 8.4 Cent per kW/h today.
Finance minister gets scapegoated!
HE was worthless. And a DANGER to a blossoming economy.
Lower or get rid of the airport tax. Flights to Germany from the US are among the highest, if not the highest in Europe. The high flight costs suggest a vacation in Germany is expensive. Lower German airport taxes and fees to bring in more tourist revenue.
WHAT? It costs
So is Scholz trying to prove his balls have actually dropped or that he still has a pair?
Why choose Karnitschnig for that interview? The guy has always been just a poison spewer with very little insight beyond the obvious.
This government will dismantle.
Whats happening in Germany? 😮
Ze plan is kaput.
Must be Brexit
@@heartofsteel7821 cry orc, cry.
No money for orcs.
Nokia still exists, though.
Because for renewable energy one should have divercified and stable sourses of renewable energy... If you are an industrial country you cannot pause and wait till the sun rises, the wind start blowing well and ice melts in Alps and fills Vater Reihn etc with water. This is a problem as I understand... And this is not an occasional problem for Germany and EU. They closed most atomic power plants after the Fukushima actually built by US contractor. Meanwhile US kept all their plants operational. Guess why and for what reason?