@@Jay121 USA is good demographically bcs of the emigration , but basically every race can be called american so thats why is looking good on paper. Germany also have alot of emigration but the emigrants cant be called germans and if they are from EU they dont need visa thats the deference
@@Jay121 He neglects to mention the birthrate difference is like 1.6 per woman for the US vs 1.5 for Germany. The notion that US demographics are that much better is bizarre. The only thing that the US has going for it in terms of number of people is uncontrolled immigration I guess. If they ever shut down the border as a lot of Americans want, the US will be in about the same boat as Germany.
To be honest, since I moved to Germany a few years ago, I have been shocked at how naive and self destructive their politicians are. To be fair, my own country Ireland has also recently been self destructing somewhat, but German energy policy is a joke. They really needed more Nuclear plants, not less. Cheap energy is at the core of innovation and technology throughout history, Nuclear is carbon free and can deliver. The Green party here seem to be one of the most insane in the EU, polluting their own air by burning coal is so backwards. In daily life German people are generous and friendly, but again sometimes they choose bad company out of naivety. Maybe its related to war trauma. Their media is in a complete bubble of delusion, and their restrictive free speech laws will really start to hurt more, as new jobs and opportunities explode in the online world of podcasts and video entertainment. They will not be free to express their concerns with honesty. I hope the economic problems can be solved, but my God, the naivety about the real world must be confronted.
"The security of Israel is Germany's reason of state and we will act accordingly," - German Chancellor Olaf Scholz Scholz is of course as jewish a name as you can get. Do not expect any country to have jews at the helm and survive. Current POTUS is literally under their control : a demented old man handled by a fully jewish white house staff.
He omitted essential details. The Nordstream being blown up and reduced to a hunk of rubble on the sea floor, is the biggest industrial sabotage event in modern history. I’m always very suspicious of analysts that omit essential details….
I'm living in Germany now 31 years and when I came here in 1992 I heard so often from foreign countries that Germany is finished. 31 years later it's still not finished.
30 лет из 31 у вас было дешевое сырье из СССР и потом России. А это не только энергетика, но и химия. Теперь у вас этого нет. Ну только если из Казахстана стали поставлять нефть по российским трубопроводам. Пока выкручиваетесь.
Very true,but i hope and don't think we are living in a bubble! There is a huge amont of solar an the moterway and wind energy in Winter and houses are becoming very "low Energie" and Bio gas from Farmers. Will IT be enough? Who knows? I think we will have to be happier with loss!
Well the nuclear power was by far the most expensive type of energy in Germany, and in recent years nuclear contributed only to 6% of electricity, but only 2% of primary energy consumption. Therefore cutting nuclear out of the energy mix lead to more imports yes, but when you look at the data you'll see that it's mainly green power from the Scandinavian neighbors, far cheaper than the own produced nuclear ever could.
This nuclear cult really can't do math, not while being honest - seriously, nuclear is very expensive when you _include the gigantic subsidies._ It only makes financial sense if you need reactors to produce plutonium for bombs anyway like US, France, etc. For energy only it's one of the most expensive ways, even lignite makes financially more sense. Dependency on foreign powers is even worse than fossil fuels, too. Unfortunately the green cult can't do math either and they often neglect the need for storage to get to sustainability (Peter bemoaned the difference between supply and demand - he leaves out that there are many technological solutions to that) but the laws in Germany are such that storage is taxed extra (because of course it is: storage facility is seen as an energy buyer and needs to pay end consumer tax and seen as a producer which comes with tax too) and storage capacity is in part shutting down because renewal doesn't make financial sense... and that's when storage is technologically more necessary than ever before in history... and that's under green party leadership because they changed nothing, really, it's mostly rhetoric and glueing yourself to the road.
Yes, indeed. It is high time we put this "Germans do it better" and "german efficiency" memes to the fucking grave where they belong. Germany is neither good at problem solving, nor at ethically running an industry. Coal country 2.0. Remember how Europeans used to make fun of Trump and his coal mines? Well guess what, Germany has turned brown coal extraction into a national sport again and shut down their nuclear plants. Tbh, I prefer France and their way of doing things. They sure aren't perfect either, but they are honestly better at doing a science-based and factual energy policy that is, if not good, at the very least more acceptable, to the environment.
I used to teach English at the electricity transmission company of a small European country, and I remember one of the high-level guys I taught there saying that he thought (maybe hoped) that Germany's energy policy was based on some kind of plan that he wasn't smart enough to figure out. This guy was one of the smartest people I've ever met, so yeah, it's all starting to add up.
Norway has the potential to meet all of Germany's gas requirements, although there are a few hurdles to overcome. It's expected that this will gradually increase in the near future. However, reaching maximum capacity could take anywhere from 10 to 15 years.
@@sergeant64germany would have the potential to meet their requirements if it started fracking. but we're switching to something that will give us a future with less dependencies
As a German-American economist these are thought provoking hypothetical scenarios & somewhat easy to refute. Same with the simplistic views on China or Russia and other countries. Nonetheless my colleagues and I enjoy the stream of consciousness thought provoking scenarios.
Russia is energy rich, with large reserves of fossil fuels. I don’t see Russia having a problem for quite some time. People will eventually realize that modern economies run on reliable, affordable energy. Neither wind nor solar energy is reliable in most Western countries, and it is expensive. Until Nuclear Fusion energy can become economically feasible, the only reliable, affordable energy will probably come from fossil fuels. Economies that lose access to affordable fossil fuels will shrink, never mind the potential issues with heating and cooling their buildings, fuelling their cars, etc. There may be no workaround for that reality, not for the reality that affordable plastics, fertilizers etc also come from fossil fuels.
@@orwellknew9112 Russia isn't particularly energy rich though. It's fossil fuel reserves are there but costly to extract and they're lacking most of the technology and know how to do so. What capacity they have currently was geared for export towards Europe and can't be used in or shipped to the east in any efficient way and they don't have the industrial capacity to use those reserves, nevermind use them at their current price. Moreover being almost exclusively dependent on fossil fuel prices for their economy to remain stable is a huge millstone around their neck and already collapsing their economy; it will do so ever faster as time goes on too because more and more countries are reducing fossil fuel consumption and the deposits they can use are getting ever more expensive to use. People don't seem to realize that Russia is *currently already* facing a fuel shortage with active rationing and that was during summer. One shudders to imagine the shortages they will face this winter with people needing to heat their homes. Then there's this mantra that wind and solar are somehow partiularly unreliable. That may have been true in the 20th century, but modern computerized grid infrastructure has mostly eliminated that concern. Heating or cooling using fossil fuels is also quite inefficient, so I don't know why you think that to be some kind of large problem in the future, seeing as heat pumps have way higher efficiency and do double duty. Lastly, fertilizer is made primarily from nitrogen in the air and mineral components, it does not require fossil fuels at all. Fossil fuel use is on the decline. It won't be as rapidly or completely as some people would want and it certainly won't save the climate, but to deny this is to close one's eyes to reality. And to use Russia of all places, a country that is already collapsing from this fact (although obviously accelerated by the war), to try and challenge that, is actually hilarious.
So my question is: is he an extreme hiker who just so happens to pontificate on global macroeconomics while hiking some of the highest elevations in the lower 48, or a global macroeconomist who does his best thinking where the air is thinnest and the physical exertion well above average? Either way, I have a deep appreciation for both. Love how he's able to connect the dots and explain it in a way that even a knuckle dragger like me can understand. I have found myself watching world news from a different perspective now and I actually have an interest in it. Thanks Dr. Zeihan.
I am also from Germany and take Peter’s prognosis as an encouragement. Yes, there are severe problems coming our way and I am not disputing that picture Peter paints is one possible outcome. I would however not see it as inevitable. So thanks Peter for your excellent and thought-provoking analysis. It is now the job of my countrymen and me to prove you wrong ;) Keep up the good work you’re doing.
Good thing in that kind of situation is: There is much that can be done ... Replace the current political class, do more and speak less, make a boatload of kids, rethink energy, reduce bureaucracy, focus on skilled immigration
Y’all will prove him wrong history isn’t predictable he’s been saying China will collapse for 20 years now and if you’ll notice he seems to think the United States is untouchable I always take everything he says as mildly credible at best
There's a joke I know which seems fitting. Some guy goes to see his doctor because he's been feeling unhealthy. Doctor tells him to start walking every day. Guy asks how much? Doctor says for as long as possible. When the guy is supposed to make his appointment a week later, he doesn't show up so the doctor calls him with concern, asking him when he can come in. Guy says, "I'm not sure, I'd need at least a week to walk all the way back."
After 46 years in Germany, one thing I learned long ago is, never, ever underestimate Germany. Oh, and after this time also to never, ever overestimate the USA.
the German Green Party shutting down the nukes and leaving only lignite coal as a viable option is truly the most astounding act of deliberate stupidity on the planet - and thre is seriously a lot of jaw dropping stupidity going on, but this one thing exceeds everything else in depths of shear stupidity If Germany wants a sliver of hope for its survival, it needs to exit NATO post-haste and re-normalize relations with Russia - to get the natural gas at low cost flowing again and access to all the myriad other crucial raw materials that Russia can provide to the German industrial economy. But access to low-cost NG in sufficient quantity is crucial, as it undergirds everything else in the German industrial complex. The whole proxy war in Ukraine was really about the US eliminating the EU and especially Germany as serious competitors - and the not very bright Europeans fell for it at every step of the way. The one thing Wash DC has always feared is Russia and Germany coupled together, as their economies are a perfect pairing. Without that relationship, all that Germany can look forward to is a spiral into a de-industrialized abyss and every manner of misery and finality that will come from that
I entirely agree. As thus guy Friedman said openly in Chicago - it has been the primary goal of the Pentagon to spoil the German Russian relations throughout the 20th century all the way to this day, no matter what the cost. They have succeeded for now. And I fear they will have ended the friendship with Central European countries with all they did in order to reach this goal in the 21st century. But friends, we do not despise you, we pity you. It will all come back in due time.
Ohh jeah, but now we live >70 years under American rule and all the countries of the western world are infinitely in debt and will reach the peak and WWIII startet with Ukraine an will end terrrible. Thank you US for nothing!!!
What a mess. We would be so much better off if we only did the polar opposite of EVERYTHING we did for the last 20 years. What a fucking tragedy Merkel is to germany, europe.
as a young German I can say, that's what you get from leftist and green politics, they hate Germany and flood our country with uneducated extremist young men from Somalia, North Africa, etc etc.
Mann, laß Dich nicht runterziehen von so einem Video. Der Zeihan weiß auch nicht alles. Halt Dein Lebensziel im Auge und volle power action. Who cares which way the wind blows.
One thing overlooked about the energy policy’s of Germany in this video is that the EU power grid is actually integrated so the Netherlands and Norwegians actually supply Germany with both power and gas, the French, the Danes, the Swedes and Poles provide electricity. All this happen on a market so when prices goes up i Germany they also go up i the rest of the EU and now prices are down way down. Germany doesn’t stand alone it’s a part of the EU. This integration actually more resembles the US (if you disregard Texas). Reserve storage for gas has also been massively built out. So no the power with not go out if the LNG temporarily is not available. Also underestimating the purchasing power of Germany as country is a mistake no one in Asia, South America or anywhere else (except the US, they are the ones exporting) could out bid Germany on LNG.
Well said. Decisions and efforts around AI, robotics, and other key technologies will also play a key role in magnifying the producitivity of a shrinking workforce. Personally, I think Germany can adapt to make those decisons and develop and/or acquire those technologies and survive some of the bumps in the road ahead. It's international relations are strong. There may be some sacrifice here or there but I think they can weather this storm. As I said elsewhere, they are hardly alone with the demographic problem. Lots of countries are working on it. I believe the technology will ultimately be there. I hope so, because the world needs strong economies, and Germany is currently like fourth, I think.
This was one of Zehan's more complicated presentations. I may have to listen to it three or more times & internet search to start to understand more of the complexities of his predictions.
in his future predction everybody dies, we all burn and no nation will survive. And the nation that does survive will just succumb to old age and sky high welfare costs
@joemunkey He names many other countries that will do well France, Sweden and Argentina to name a few, if they learn how to govern.. He's about 70% right, as I said before. Check out his work and then make a judgment.
I'm sure a lot of Peter's predictions are based on valid data and logical assumptions of macro-economic behavior, however all of that does not occur in an unchanging vacuum. The circumstances driving events are also constantly changing and presenting new dynamics in all of these relationships that can alter the picture significantly. The one inevitable fact is that our post WWII world order is being abandoned and that there are a lot of malignant actors who know how to destroy, but not how to create or improve.
What you should also keep in mind is that Peter's predictions are exactly that. He isn't stating that what he says is what WILL happen, he's just predicting the most likely path forward.
Yeah, I mean we have grid interconnectors and HVDC lines now that can ferry energy from elsewhere, add to that inbound energy storage solutions and the renewable intermittence problem gets kneecapped. Not sure why we'd want expensive nuclear when we can just buy nuclear overcapacity from France during the transition, which we've been doing. Not only that, but people can modify their behavior so quickly now in response to high energy, which we've been doing. Germany will be just fine.
I have been traveling to / commuting to Berlin for the last 1.5 years - just finishing that at the end of the year. Was working at a management position and the overall way how companies function is substantially different to what I was used to (worked in London, Prague, Bratislava). When it comes to small companies - (I don't want to generalize), but - they are doing everything to not work agile - even if they "on paper" - do agile and/or try to be flexible they add unnecessary steps, so at the end of the day many things that take some other companies one month take half a year in Germany. This is doable / possible in industries with longer timelines and you see that with the things where German companies are good at (cars, industry, etc.) - but - you start failing in areas where speed of R&D is essential. The other thing I noticed is that specifically in large companies English is somehow an afterthought (again don't want to generalize). The problem is some flexibility in many areas - once someone makes a decision, than it's very hard to communicate about why the initial decision was made. What has been the case & probably will be for a long time is that wages will remain in limbo (and everyone is already sort of on the same/similar level - regardless if you're a cashier or a PM), taxes will remain high & overall the country will simply lean hard into a social-state (not a bad thing sort of, but together with everything else innovation is being crippled).
As a German in his 30s I say: Tough tasks lie ahead. But such problems are there to be solved. Will it be easy? No. Will we solve it? We have to, one way or another. I also second what an Italien friend said in the comments here. We need better, more efficient European cooperation including especially a common security policy.
In Germany the answer is always 'We need more EU and a big European Army!', when what they really need is to stop the hypocrisy over energy policy and to build nuclear power stations fast.
@@sotony7483Both of those things can be combined and worked towards. I'm German, and the disposition the previous generation had against nuclear energy is RIDICULOUS, and entirely led by political populism desperate for some issue to generate votes. Well, times are changing. The political landscape in Germany is VERY much evolving in the right direction (ha), working against this left/green overcompensation for the past right extremism. Eventually Germans will find the cultural solution to these issues. Nuclear is becoming a ever popular topic, and Germany definitely has the resources to develop a nuclear industry. The biggest issue, in my opinion, is the population collapse, but the solution to that will be worked out culturally once we face the consequences of it. Zeihan says the population collapse is caused by the increasingly urbanized population, but that's NOT the real cause. It's correlated, but not the root issue. The root issue is a lack of cultural value hierarchies that make building a family a prominent and important part of life. Once that will be realized (which will happen once we face serious negative consequences) this trend can be switched around REAL FAST. (within a single generation) Imagine a child being raise with the cultural awareness of a population collapse. Voting for relevant government Programms and support, Being aware of the absolute gigantic value of children for you own life as well as the life of your peers? Easy! We carry the desire to procreate in our very biology. It's most fundamental. Also, there is some cultural influence from immigrants with a more Traditional culture. It's a admired trait. Most people think having a large family is GOOD. This isn't something that will break Germany, it's just an obstacle, a learning process.
@@sotony7483a little bit delusional. You can’t just simply build a NPR fast. There is a reason why they good slower to build and get more expensive every years, this is not feasible in Germany or elsewhere.
I saw an interview with Klaus Voorman who was the stand in bass player for the X Beatles, Lennon, Harrison and Ringo Starr. He talked about German resiliency as he lived through the transition from World War II Fascism to Democratic capitalism and his comment “Germany pivoted and shifted extremely quickly. We could do that it was relatively easy for us. “ I would never underestimate the talent of the German people to move whatever direction they need.
Communists work on dismantling national societies for decades already (starting from the German one). So you can forget about "talents of the German people" if the leading buzzword is "diversity".
Germany had to repay the full marshall plan, the US got rich of it. Europe would still have recovered quickly after the second world war, even without the Marshall plan. Just a bit less fast.
I’m afraid that this diagnosis is more or less correct. However, having spent some time in the US, including Los Angelos and San Fransisco I have to say that at least parts of the US look like they have reached the end already. Never in an advanced country have I seen such desolation, poverty and decline.
Sadly the U.S. is becoming a two-class country. Look at the suburbs and you'll feel like you're in a different world that no one in the "Middle Class" can buy into. :(
It's an energy issue. We don't have the oil in the world to keep the US going the way it is, much less the world. US style capitalism is also completely short term focused on more oil with no replacement on the way. We are all screwed.
@@johnw9038 Remember that my phrase was 'keep going the way it is'. Oil is finite, as is the climate that the entire world relies on that is impacted by it.
Sensationalist take, as usual. Germany has only problems and it’s been a decade a ways from demise for the past 50 years. I’ve been here during both COVID and the war in Ukraine, and it’s incredible how resilient the country has been to these crises.
It really does not have only problems but the media focuses only on the problems because that's what sells. The situation in Germany is really not that bad, yes Germany is facing competition but the big companies are overall doing very well and growing, debt to GDP is very low, Inflation is under control and has become stable, unemployment is low, It still runs a trade surplus and remains an exporting powerhouse, And berlin is a startup hub producing companies that will lift up the german economy for the years to come. About GDP not growing, it really is mostly a choice, Germans work way less than Americans, they have more holidays more sick leaves and stuff, these things just are opposite of GDP Growth which is working more but these are trade-offs I and many Germans are more than happy to take! Of course the economy is overall not doing the greatest but again it is really not that bad and Germany isn't going anywhere anytime soon!
Demographics aside, Germans have proven to be quite adaptable. Germany may not continue to be the economic powerhouse it has been, but I wouldn't count them out. The rest of Europe and Russia are facing similar demographic pressure. The tide is rolling out for a good chunk of humanity, and many would rather be in Germany's shoes.
@@NLJeffEU He does say "Germans as an ethnicity". A lot of the immigrants are of a different ethnicity, have a higher birth rate, and oppose much of German culture. A future Germany where beer and pork are outlawed, religious icons forbidden, music banned? It might take a long time, buy it could happen.
So true. Peter has a way of painting a picture of future train wrecks with words that is just magnetic. I really think it's his way of encouraging adaptation.
World ending? A bit much. He simply follows metrics and makes predictions. He’s congruent with other channels I’ve observed and the RUclips news channels eventually get a clue weeks later. Is he always right? Well, no. No one is. Id wager he’s more correct than…..the mainstream media. So here I am.
I’m 63 and German. I left Germany in 2009 when I realised that I would fall into old age poverty because as a single mother of one and although I had been working for 30 years, there was nothing to show for it than bare survival. My son also left Germany. I agree with everything in the video. The Green Party and shutting down the nuclear power plants was the worst thing that could happen to the country.
You don't need to be sorry or apologetic, Peter. I've said it MANY times myself throughout my life, that it is mind-blowing that our politicians don't do something about the problems when everyone sees them coming from afar. And the overall issue is that there has been plenty of TIME, but rather than being driven by NECESSITY everything is driven by GREED and willing to take RISKS.
Currently our politicians are actively creating or worsening these problems. Yes, we ignored increasing issues willingly for decades since the War, but what happens now is not a solution, it's just making it a bigger mess for some ideological gains. You can't cure a sick man by chopping off his arms.
@@cinikcynic3087 Oh? He and I are of the same profession, and I can tell you Peter is not far off. Neither he nor I nor anyone in our profession have a crystal ball to see the future, and there are a myriad of variables that apply to what we do as life is unpredictable; however, looking at the past and data we know it is quite possible to fairly accurately tell where we are heading, long-term and well as short-term. I have yet to see Peter be wrong on the large points he presents. It takes time for 75 years of hard work to unravel.
People do not reward politicians doing right thing at the end of the day. 1-5% problems > +90% issue That's a democracy, you can't fix country, until every last wrong in the head minority is pleased. That would be cruel to them
I have more faith in Germany to survive. Germans have shown the ability to rise to the occasion multiple times no matter the setbacks. 2 world wars which were devastating. And I'm old enough to remember when Germany reunified after the cold war there was much doubt about how they could handle all the new "instant" citizens from East Germany - all of who were poor, needy and now jobless. A very daunting task at the time. Yet Germany became the powerhouse for all of Europe. Peter can be surprised from time to time - he did not expect the Germans to do as well as they did in switching from Russian crude and natural gas to other sources. Peter has also pointed out that we export a lot of our light sweet oil - so Germany can build some refineries for it. We Americans need to, too, for that matter. Germans have shown the ability and the willingness to move rapidly when they want to. Declining population? Probably more automation and robotics. Peter is down on automation but I wouldn't underestimate the Germans. The Germans will take what lessons they can learn from the Japanese, and they're likely to do it quicker. Bear in mind the Japanese had no historical model to make the changes they did - the Germans now do. Perhaps they'll build industrial plants here in the U.S. the way the Japanese have. For American buyers and German sellers, the export chain is instant. The supply chain may or may not be problematic as the U.S. reshores or near-shores supply lines. The Germans will figure it out. None of this means smooth sailing. But the end? We'll have to wait and see. Peter's main points are right on, I don't want to disagree with that.
@@rick11960 Didn't think I needed to: it was already stated in Germany finding new resources having to switch from Russian crude and replacing the lost natural gas. You didn't pick up on that? A strange thing to criticize me for.
Always impressed me as a Brit how we were suppose to have been on the winning side in 2 World Wars yet most of our industrial companies have gone except Rolls Royce aero engines yet Krupp steel, Mercedes Benz suppliers of Hitlers cars, BMW Luftwaffe engines, Porsche designer of the Tiger tank and my old employer Knorr Bremse made wagons that sent Jews to Auschwitz still survive. Is that we’re the Nazi Gold ended up????
@@LeftatalbuquerqueYes, as absurd as it seems. I made 25 dkk to pyrolyse my oven and charge my EV. It doesn't happen often, but usually on sunny Sundays in the summer where Germans are vacationing, noone is at the factories, and no one is at home
This is what I love about Peter. He's talking about immediate collapsing within a period of 20-30 years! For me an immediate collapsing is a period of maximum 1 month. It is now 2 weeks sence mr. Peter predicted Germany's collapsing. Germans, do something, in 2 weeks you collapse! Nostradamus must be very proud of Peter.
just spews for views. if he'd say its all gonna work out nobody clicks the vid and sub his channel. all these shills work the same. they just read some shit on the net and out of that shit mix they conjure up some potential scenarios and proclaim they will happen within (insert extremely long timespan). if some of them happen, he can say he was right. if they don't he will just say he was too forward in this thinking and it will surely happen soon. if they happen to actually "predict" some events correctly, even if most other predictions are false, they will just focus on the ones that are right. like throwing darts blindfolded and making a big deal out of the few ones that actually hit the board. with this modern dumbed down audience, they can't lose this game.
I am German and agree with all that have been said. One more thing to add which makes the problems almost unsolvable is another factor caused by demographics. The members of the biggest two political parties are on average significantly older than 60 and are always part of the government - in the past 20 years even also often together in what we call the "Great Coalition" (spoiler alert, nothing great in it). You can imagine what type of political style is common, no brave and future-oriented reforms, investments in infrastructure, less bureaucracy or better education but more pensions and more social spending of all kinds for the old. We just haven't understood that we live on the benefits of the past, are employed by conglomerates that are older than 100 years in sectors of decreasing importance. Winter is coming...
Germany should've put their interest first rather than american. You guys could learn something from Hungary who threatened NATO article 5 if their gas pipeline was attacked . You guys alone carry the European union and your economy is going down it's sad.
I don't understand how all this leads to Germany as a state to stop existing? What does that even mean? Why wouldn't it "just" mean that its economy would shrink?
German here as well. In addition to the stated problems we have massive influx of unqualified immigrants from third world countries and a very anticapitalist and anti free market population. Education is becoming worse, healthcare is becoming worse and our pension system is a Ponzi scheme. Overall, very good conditions for a bright future ahead of us.
@m.3257 Over the next decade we need Millions of young immigrants to compensate the declining demographics. Already now our caring system heavily relies on migrants, the same in other branches f. e. construction, waste industry and so on. Once unqualified they are now qualified and pay taxes. You just don´t see them as they are working. Unfortunately migrant bashing got very popular in Germany, especially from those who have no higher education themselves.
"Over the next decade we need Millions of young immigrants to compensate the declining demographics." LOL, you purposely left out the word 'qualified' before young immigrants but still, nice try. Germany gets lots of young men (women not so much) who in large parts have bad education. Why would a qualified immigrant come to Germany? High taxes, worsening education, worsening economy, high energy prices, very bad pension system and a giant welfare system that is open to everyone but needs to be financed by the working class. This does not and will not work.@@julilab
@@3rdfriend Compared with other countries capitalism has a relatively bad reputation in Germany. Every third university student wants to work in the public sector. As we all know, the public sector is highly inefficient, especially in Germany. Why do people want to work there? High wages, little work, high job sevurity. And as I said, schools and infrastructure are becoming worse and worse in Germany. So instead of focusing on core activities like education, security and infrastructure, the German government is wasting billions of Euros on a ridiculous welfare system that supports laziness and also attracts millions of people worldwide. The welfare payments in Germany are much higher than the wages in many other countries. But as I said, Germany will destroy itself and the population deserves it for voting for this crap.
Thanks for cheering us up. I always felt that the Dutch are very close to Germans and it is a pity the war has made us so antagonistic. A long time ago the nordic region was a region of viking kingdoms and settlements. We should remember that.
I'm fairly new to this channel (2 months) but I'm really liking the perspective. I'd really like Peter to do several videos on the United States and how he sees it changing in the coming decades. Also, I'd love to hear about possible (even outlandish) long term solutions for all the problems mounting on the Global stage.
Just slow down the Technology Fuel that nurtures the Flame of War. That is what America currently does - limit the technology flow to hostile powers. Mankind has to realize that we live for our own pleasure, not for the pleasure of money markets, corporations and Oligarchs.
According to Peter there are no problems in the USA in spite of rising fascism, a dysfunctional political system, book burnings, health crisis, daily mass shootings etc.....
Regarding USA ... They exist ! He has outlined details about numerous topics on what he believes are the upcoming changes to the US economy including the reemergence of the manufacturing verticals as deglobalization takes hold.
I think your last point is what saves Germany in this scenario. Unlike Russia and China, Germany has good allies and had been a good ally, so they'll get help. It may not keep them as top dogs, but the EU, US, and UK won't just let them collapse unless they do something stupid like "lash out" militarily.
Germany will rely on the EU to save them, eagerly ceding their sovereignty to protect their values. I doubt France will object, hegemony over Germany having been a national objective for the best part of 1000 years. With the UK out of the way, the rest of the EU states will either jump fully on board or hit the "off" ramp, leaving a clear road for the integrationalists.
I'm surprised the European powerhouse countries don't just roll over the dysfunctional countries in the middle east and take over those resources. I'd rather have the middle east in the hands of the British, French, and Germans than have what we have now.
Germany has been a shitty ally to both the East and the West for the entire post WW2 period. They don't pay anything for defense in the modern period, the US pays for all of it. How are they a good ally?
well, lets start that stuff they facing its not because Europe did something, but some of their leaders sold (betrayed) to Russia or middle east. Ps. I am European and i lived in east EU, UK, Spain and no one wants to jump on them, actually Germans are even one of most liked EU nation, i am talking about normal Germans and not their goverment. Your babbling, sounds like yet another Russian dumb attempt for dissinformatio
Given the recent well publicised disagreements between the IMF and the UK Treasury over economic forecasts, any chance of a similar demographic analysis for the UK - as all the previous analysis has been focussed on the immediate fallout of Brexit rather than looking further ahead? Interesting and insightful videos as always! 👍
UK castrated it self with brexit and is actively being overrun by blacks and muslims with demographics for local British people looking fucked. Britain has fallen, it’s just a long fall since we been so tall
As a German I can tell you most of us know that very well scince 15 years at least. Most of us are on one term that things need to massivly change to get things going again. That means more work for us. We will see. Im from gen Z, so I will follow it for the next 50 years if I dont die in a future war. Slava Ukraini
Germany economy will shrink significantly but i think it will happen during a world wide recession so its economy will rival against other economy's who are also struggling. I believe that the german society will use that to concntrate on their strengths to prosper again just like after ww2. As a german i have to say that we are facing harsh times .
@@SofiaSonnenschein They didn't vote to be forced to cheer the destruction of their own energy infrastructure and economy for the benefit of their occupiers.
Only 4% of all CO2 produced on earth comes from humans and human activity That is 0,00152% of air and that is not disturbing any balans ! Stop the IPCC climate scam and green corruption with tax payers money !
@@booster8267 1) Germany is in the middle of the largest trading block in the world. China is less than 15% of German Exports.. "China is important as an export market, but far less important than it appears in the public perception," said Max Zenglein, chief economist at the Mercator Institute for China Studies (Merics). The United States is much more important for German exporters than China, Zenglein said.” 2) Migration is demographics. Germany has a low birth rate but keeps its population steady for a long time now, given that it is the #2 immigration country only behind the US. In fact without “cheap” low-skilled labour, not a single Amazon parcel would be delivered or trash can at a railway station emptied. And the overwhelming number of foreigners in Germany is skilled or highly skilled. 3) Energy is going to be the growth motor for Germany, that IT was/is for the US. Renewables are already the cheapest from of energy there is, storage is a major research topic (Sodium batteries!) and efficiency drivers like industrial heat pumps and district heating of quarters near industrial plants is already happening at scale. The problem with Zeihan is that he has his head stuck in his backside, when it comes to reality. There (in the US) he would find crippling debt, a shortage of skilled workers, a growing wealth gap and erosion of the middle class and a political system that might elect a neo-fascist back into the White House. If I was him, I’d be much more concerned about the US, than worry about Germany!
They are useless, “Oh look an awful problem let me not recommend any solutions as that would result in me being political which would alienate a large section of my audience” it’s depressing only cause he makes it so, he has ideas/concepts on how nations can avoid these results but doesn’t.
Germany has an educated motivated population. It won't be "the same" for any of us going forward. We change and adapt as will Germany. Its not going away.
You forgot several million radical Muslims they "imported" from Syria, Afghanistan and other Third World countries. Just walk through any city at night and you will think you are in Turkey or some other shithole. Country is slowly changing and turning into shit. I plan to leave Germany in few years. I have lot of colleges in highly paid positions and many of them are thinking the same.
Germany made a very poor decision with recent immigration whims. Yet they were anticipating an older generation of Germans retiring and bringing in families of 12 from the middle east and Africa for an influx of youth. The new cultures arriving are not blending in but remaining autonomous to their own culture, not German traditions.
People tend to form linear models. Economic and political changes, activations of action through new findings and/or changes in the environment in which the (apparently linear) trend takes place are usually not taken into account. But yes: the trend looks worse for the germans.
Is it tho? Seems like he oversells situation for the purpose of dramatics and moreover it sells so he can just go hiking everyday and not really work. Over dramatic, like that ex gf who always lose her mind when you leave a cupboard door open. No the house isnt going to collapse I just left the door open. its equates to about the same.
@@MrAngryorangutan all he does is hike in the middle of the day everyday. Not sure what kind of job can allow for all that free time in the middle of the day. If you konw what he does what didnt you write that. Lmao.
For what it's worth western countries seem to do a good job backing each other. Even the western aligned asian ones. I have a hard time believing they won't find a new way forward when people are supportive like that. We helped South Korea and Japan along with deal making and support and I feel Germany will not be left behind. This may also be a chance for them to form a better economic block with the eastern european countries. Especially with the vacuum of Russian influence in some of them.
He makes some important points, but he also speaks in sweeping generalities without accounting for the dramatic effects of time and adaptability. That makes a significant number of his conclusions informed primarily by hyperbole and sensationalism (which generate a lot of clicks for $$$). I remember the many gurus making international pronouncements in the 1970s about oil, etc., and they were almost universally wrong.
They have common enemies, unfortunately Germany has acted like an enemy state for years. American veterans such as myself are tired of defending these coward leftists unable to deal with reality. Seriously, who buys energy from Russia while Russia is invading its neighbors for decades.
Many countries are suffering similar problems to Germany, especially the demographics. What's needed is an economic model that functions with shrinking demand, shrinking productivity and markets that virtually don't exist. It's a tall order, but maybe some economist can figure something out. I'm a little doubtful. @@ReflectedMiles
I am always surprised how confident those American guys are despite their half knowledge and over generalizations, we describe those guys as having eaten wisdom with a spoon
@@taiwu5078 I am an Italian who grew up in Germany. We have felt a lot of ridicule from Germany over the last 15 years because of the crisis in Italy. I'm now excited to see how Germany will deal with it. My experience tells me that they can't do it. Because they are not used to it and have never understood that prosperity in Germany is not only based on their ability but much more on geopolitical and geographical coincidences. I feel the panic and resignation here. The Italians, on the other hand, are used to crises. The entire history of Italy is one never ending crisis. Now the Germans have to show what they can do. 15 years of advice to southern Europe. Let's see if they work.
Right. And when we look at who the most prosperous, powerful, and successful country in history and the greatest masters of business, economics, industry, and logistics…the Us…we totally see that Americans are wrong. Sure. You ignore this for the sake of your wounded ego and envy.
Either the companies making them will relocate taking their machinery, technology and skilled engineers with them, or foreign investors will take over production and safeguard the energy and material supplies required in whatever Germany becomes. The supply chain won't be broken (for those with the capital to secure it anyway).
They can and are being replaced. Some former Soviet states like Poland and Czech Republic are getting better as well as many other nations like South Korea. In the long term, others are moving up in the supply chain, and Germany prices itself out of markets with expensive labor.
I think underestimating Germany could be a big mistake. People have done that on numerous occasions and regretted it. I have no ready solutions for all the problems listed, but will mention that the North Sea still has some oil and gas, and that Norway and Denmark are ramping up production again. Denmark is also massively expanding its wind energy production capacity. We could already export more, but the electricity network is already at full capacity on most days, with wind turbines standing idle here.
Germany has loads of lignite and better coal, we have Methane, we have lots of U238 "waste"(to be burned in a THTR300 or in a russian style sodium reactor), we have plenty of Uranium(once we were on place 4 of Uranium producers). We just need to get rid of the marxists in media, schools and government and we will do just fine. AfD 51% !
As someone who lives in Germany here is my point of view. You have to take into consideration Germany today is not the same Germany 20 or 30 years ago. We no longer have post Cold war era man in politics thinking about long term strategy. All Germany has today is bunch of leftist retards behind the helm of our country. They are only concerned how to destroy industry, energy production, wipe out Christian tradition and import as many as possible radical Islamists into the country. It breaks my heart to see where things are going. My plan is to leave in 2-3 years.
Oh thanks Pete for the outlook, I am 60 now, looks like my country at least will last as long as I do, and I won't have to hang myself. I am just travelling through my country for a couple of weeks, evaluating the aftermaths of Germany's last death that still is visible at many places. So as a summary of your lessons that I saw, China, Russia and Germany are going down within the next 20 years, did I miss some country ?
A note on German demographics: one thing many Europeans are noticing today is that local identities are fading away as a result of increased mobility. Local dialects are disappearing, people from across the country are moving around. The same is true for Europe as a whole, ever since Schengen was enacted 35 years ago. If German and Italian and Spanish ethnicities are all going to disappear, what will most likely replace them is a more generalized European ethnicity. There will still be German regions, French regions, and Greek regions, but they'll take on a more provincial nature.
This is happening everywhere. It's happening here in Canada too even if our local identities are not as individuated as, say, European countries. It's mostly seen in the decline of regional accents and a homogenization of a more generalized, Canadian, North American accent.
@@danielbob2628it’s not going to be as bad as the poster says. Most people stay at home. The US is one of the most internally mobile populations but still the majority of people stay in the state of their birth. And the local state cultures still remain 60 years after the birth of the interstate highway.
People fiercely hold onto their tribes, especially when their ways of life are threatened. At least from the outside, it appears that migrants are not embraced ... segregated and vilified? ... creating an "us versus them" perspective. The climate crisis and refugees are going to continue amplifying this tribalism. EU heterogeneity about power and economics... borders, laws, taxes, et al ... are also working against your vision. If off-target, I'd appreciate understanding what I'm missing.
And best wishes to them from here in California too! Germans are hard-working and incredibly resourceful. They'll work their way through these problems and come out the other side.
@@brunoheggli2888 Well, I don't know where you live, but you couldn't be more wrong. It's getting worse every fcking day. And no, I'm definitely not exaggerating. If it were easier for me to leave this slowly sinking dinghy, I would've been in the US since last week.
German here. Another factor that is often overlooked is education. We don't have enough teachers and stem students. What we have a are a lot of psychologists and economists who really can't do anything. This means that most innovations can not happen in Germany and I could give several examples from my personal experience alone. The only hope I see for Germany is a European Republic. But the European Union and Germany are so corrupt that the possibility for that is very low. Nationalism is rising again in Europe and so i don't see this happening.
@@tl8231 Im all for immigration. They and especially the second generation do most of the important low wage work. The problem lies in the corrupt universities which can only exists if a lot of people study unuseful things. And these people rely on that cheap labour who are actually working. I am one of these people. I studied economics and later data science. All these fancy firms are doing absolutely nothing bulshit jobs and universities all around. It's a joke
@@rasulikt you thinking of RWTH Aachen for engineering and physics. Yes we have good universities for that. But the NC for getting into them is actually very low because so few people are applying. So we have a couple of good universities from which the whole world is recruiting and that's it. Consider that one of the largest universities in Germany cologne doesn't even have a computer science department. I must add: we also have a lot of layers. That pretty much sums up Germany. Alot of economists lawers and psychologists bullshitting every one and a few highly skilled engineers and Physiker shaking their heads.
@@tobiasrinnert5044 you know, Germany is very famous for its education system: when Soviet union was formed they took German system as basics for Soviet education. And this helped USSR to industrialize quickly and deliver many good scientists and engineers. It would be very sad to see German school of engineering to go away (
Thanks Peter, not only are you keeping me up to date on international affairs, I love that you do it from the side of a mountain! ♥️ Power to the people.✌🏼
Hey Peter! As a little neighbor - Austria - to germany, i am really curious: would you maybe one day think of doing a series on small countries? For me (mid 30ies) its really the question at the moment, if it would be a wise choice to leave. As a „high performer“ (im sorry if that sounds arrogant) our payment and tax structure is hard to take, the geopolitical situation seems to get worse, and my company constantly asks me to go to the US for them. If you ever think of sharing your thoughts on the small european countries,… that would be highly appreciated.
I can't TELL you how much this has unsettled me 😥 I mean, the vast array of problems around the world are mind numbingly unfixable. It never occurred to me to have big worries about relatively strong, stable, and smart modern Germany.
I remember over 5 years ago reading about Germany's over reliance on green energy. I saw a heat map of the entire country and it was low sunlight nearly everywhere. It didn't make sense then and it doesn't make sense now.
Dont Panic, Its not like Germany is going to get sucked into a hole and disappear. Fear is a big part of his marketing. Germany will still be there barring some black swan event, it may just be a little less powerful and not be quite as 'German' as it is now. He bases a lot of his thesis on energy scarcity, and I think in 5 to 10 years this will look very different than it does today.
@@ehlava Also, don't forget that past predictions about a _very soon_ "of of Germany" haven't happened eventually, like as of recently, for example. Regardless, Germany faces big challenges, but still, if you compare it to most other countries, and the problems they have, Germany should do okay in the end, with regard to economics and the standard of living, including security from external factors.
*Some* entity sabotaged their energy supply in the single largest act of eco-terrorism, and also the single largest single man-made carbon release, in civilizational history. The Germans did not CHOOSE to be Western over being modern. NObody would choose that, since the less industrialized a nation is, the weaker and more vulnerable to manipulation and conquest they are. This is preposterous historical revisionism by Zeihan. Not unlike his ridiculous assertions regarding Ed Snowden being a Russian asset and getting a Russian trophy wife. Her name is Lindsey, I believe...and she's an American....who was his girlfriend prior to him doing anything of note 😉. Zeihan is smart and skilled and charismatic. He's also a liar.
Good thought provoking content and analysis. I don't think he is giving Germany enough credit though for being able to adapt. As the various pressures come to bear, I doubt Germany is going to sit still trying to maintain their old patterns. At some point they will make some sensible more pragmatic moves to secure energy (nuclear perhaps). I think Zeihan nails the trends, I just don't think they will play out in quite so linear a fashion.
Germanys manufacturer and many many big concerns leaving the country and so do germans themselves (im german too). There is non adaption in any way believe me
I still love it! (Only feeling involved here) other than than I see them all as the same, doing the same, using more or less similar propaganda to justify whatever they are doing…as the USA finds justification for any kind of activities outside of its borders, now when others do the copy-paste of it, it suddenly becomes a problem
Um no it isn't the future is not bright at all. How is a future of shrinking population, energy transition, decarbonization, drug epidemic, extreme unpredictable weather, war....bright?
What you didn't talk about is how bad Germany is in terms of IT development. We like to joke that we are a developing country regarding IT, but we really are, so companies that rely on good broadband and strong IT infrastructure, they won't go here.
Also here in Belgium and elsewhere in Europe, our companies are suffering heavily from being cut off on purpose from their eastern energy sources and markets, having to buy fracked gas from US friends and glorious competitors on the Grand Chessboard between Vancouver and Vladivostok, in the aftermath of US Assistant Secretary of State Victoria Nuland's statements about Ukraine in 2024: " We paid 5 billion to put in our boys and we go ahead and f.... the EU ". Thank you, "allies".
Good advice, don't trade with authotarian regimes. Instead rely on your friends who blow up your energy pipeline making you their slaves. He sounds knowledgeable until you listen to what he says. Though a few facts are correct.
We lost two World Wars. After WWII, the German industrial base was flattened. Millions of young soldiers were dead, and millions were displaced. We came back twice. We have good friends and neighbors now. We'll be fine.
Indeed, Germany will be saved by ridding ourselves of Marxism, believing in god and 51% AfD ! There is no problem that cannot be fixed as soon as you rid yourself of NATO Marxism, as funded by SOROS.
Did you have garbage politicians trying to stab your country in the back by importing millions of crime bringing "migrants"? Or politicians enslaved to Klaus Schwab and the WEF and their globalist bullshit that comes at the expanse of Germany?
All we need is a change in the political elite. I hope the average voter might find out how much our elites and media fucked up. so we might end this period of delusion. I am optimistic aswell.
Peter: *sees a candle on the table* "This house will definitely burn down within the next 24 hours, and it'll probably take the entire neighborhood with it. Here are 400 reasons why..."
One of Peter Zions biggest mistakes is that he doesn't consider that human beings can change behavior and be flexible. Of course they can. So many of the things Peter forecasts don't come true.
I think this prediction is far too precise for such a long time frame. Love the scenery and the vlog effort. The information age started in the 70's folks lots have changed.
According to PZ, basically all of the countries are to be doomed. Except USA of course, consultancy contracts with their agencies have optimism clause included. Still, he has some good insights in his videos.
The USA has about 3 Saudi Arabia's worth in untapped resources at our disposal, to keep for ourselves if we wish. So energy independence, natural resources, and east / west coast natural ports make it a global powerhouse. Our Achilles heal is we just keep voting for dolts and idiots to run the show from D.C.
Thanks. Just helped me decide to make my next few purchases from Germany. Took a similar approach during the pandemic to places that were having difficulty.
Hey Peter, i really like the you are explaining, even if i would love to here the „it‘s all gonna be good“ good night story. To me as a German, 11:02 it is so interesting how the bowl i‘m swimming in is seen from the outside. It‘s better to be confronted with unpleasant point of view, than with a fairy tale. 👍
@mariobroselli3642: My guess as an nonexpert are pretty straight forward: The weak region are mainly located in the East, Former GDR,were young people moved away and the career chances are low. Way more interesting is, how the big groups will handle the changes in product demands in the future. Germans have Not been main inventors in past decades, but they were good at picking interesting innovations and Lifting the product to a well improved Level. I still am Full of Hope!
Again combination of good insights and observations coupled with a refusal to see anyone other than the US as competent. The challenges highlighted are real but for all the many mediocre politicians (unlike the US of course!) and other challenges, the Western European countries are generally pretty able to sort their world out. At least you’re acknowledging the last doom and gloom scenario failed to materialise.
Germany hasn't been able and is not able no digitalise, they completely missed the IT boom and all the growth in the last 3 decades went to USA, China, India, just not Germany. Its bureaucracy is the worst, its taxes are the worst, its housing market is terrible. There is an enormous class of people who produce nothing, but need a lot, from permanently unemployed, migrants, overblown government apparatus, and finally the ever-growing senior population, which is HUGE! Therefore the only industry that is booming in Germany is senior care and it says a lot about Germany. Even competent people from Germany often decide to leave for USA and Swiss, because doing business and working in Germany is so unrewarding, all your money will be taken away - you will never be able to afford an apartment/house. In the "industrial country" the government has killed the energy sector - all the old energy-demanding industries will leave, because energy prices are double even of that in France! Where will the money come from for all the social programs and all the welfare and pensions?? Not a single new big business built in Germany since SAP was founded 44 years ago! Socialist-obsessed Germans were so busy redistributing their wealth for Solidarity, that they forgot to create it in the first place. And I didn't even touch the islamisation - Germans have 1 kid when they are 40, muslims have 5 kids by the time they are 28. As Peter rightly noticed all these problems had to be addressed 20-30 years ago, but Germany was led by traitors and german-hating marxists. Germany is over.
Exactly. And you can bet your ahh, if things continue the way they are right now and Western Europe enters the stage of survival, things will get serious. Western Europe won’t just vanish quietly. Germany and Europe have weathered so many storms, some heavier than today, and still persisted, this won’t be the last one.
Hell that is like 15 steps from his front door. No different than me walking to 7/11, or having a snowball fight on the beach here in San Diego, since it takes about an hour to go from my mountain hike spot to the beach.
Peter has been studying and providing consulting services for decades but it was only after the Ukraine war broke out that the world sat up and realised how right he had been about so many things.
People like Orban, Kazcinsky, Babis and other populists who are fearmongering against EU and yet are heavily dependend on EU subsidies and grants will be fked into oblivion.
Just came back from Germany. Beautiful country(except Berlin), absolutely lovely and friendly people, I hope they can find a way to bounce back from what seems to be coming.
The German energy supply (especially with electricity) is considerably more complex than shown here. The entire EU is now one market when it comes to electricity. The supplying countries have a completely different energy mix than Germany (France supplies a lot of base load with nuclear power plants and Austria supplies peak electricity with their pumped storage plants). In my opinion, the Cassandra calls are completely exaggerated.
Completely agree. This is such an oversimplification that it is not worth commenting. Energy consumption in EU is shifting in two very positive directions - reduced consumption for the same production, heat, light, and democratization/decentralization. Look at Denmark and Greece, both have made massive leaps in "green energy" despite completely different geographic, cultural, and economic environments. It is just a matter of market incentives and Germany is at the core of this shift.
When "the rubber hits the road" the Germans may choose nuclear energy. Because of the stark necessity to confront green orthodoxy, Germany may lead the way back to energy sanity for the rest of the world, particularly the first world. That would be a role that would preserve Germany's place among advanced nations.
I have been amazed at how gullible and self-destructive German politicians have been ever since I came here a few years ago. If that ignorance of the actual world isn't addressed, this economic problem might end up being a part of us for a very long time. Inflation currently at about 9%, my primary concern now is how to maximize my savings/retirement fund of about $400k which has been sitting duck since forever with zero to no gains.
You are spot on! I'd advice you read up some good books on investing, or just you get yourself a financiaI-advsor that can provide you with entry and exit points on the shares/ETF you focus on.
I completely agree, this is why I decided to give a coach control over my everyday investing decisions. Their proficiency in research, specific knowledge, and risk management makes it difficult for them to deliver below expectations. They emphasize minimizing drawbacks while maximizing risk's asymmetrical potential. I have more than two years of investing coach experience, and I have made more than a quarter of a million dollars.
@josephbush My collection has been underperforming recently, and I'm considering a strategy change with the help of a coach. Is it possible to get in touch with your coach?
I wouldn’t give up on the Germans just yet, Peter. As my mother said of her German father:”He was a Dutchman.” That didn’t mean he was from Holland. It meant he was a stubborn and pig headed German. The flip side of that national character is determination and persistence.
I remember seeing how desperate things seemed to be for Germany last winter. Two issues: keeping people warm, and energy for manufacturing. Your 'morals' might stop you from using Russian gas for the latter, but not the former or there'll be a revolt. I don't know why Germany don't just say "to hell with it, our country is sinking, we're not risking that, we're buying Russian gas again and screw the expectation that we're not allowed because sLaVa UkRaiNe." Which country could possibly hold such swap over Germany that they're afraid to risk revolt and their entire manufacturing base? There's your real question, Peter. Clue: same country and who blew up the Nordstream pipeline (Sweden knows but won't say, again, hmmmm who could it be??!) and the one currently making a mint selling them LNG. Germany breaking out of the stranglehold of the US is the issue. Not the claptrap Peter spouted about China being a dictatorial 'warmongering' (lmao, pot / kettle) country.
@@carlos777uk Carlos, we don't revolt. And there are things that are more important than money. We can be grumpy people but we are overall not cynical. And when I look back I think all our governments tried to do what is best for the country. Letting a revionist russia on rampage our neighbourhood for a growth of a 2 percent for a couple of years? I don't think that's a good deal in the long run. Do you? Thank god, the americans are with us! If they weren't we'd be in big trouble! Because we trusted the russians, which was a mistake that will not be made again.
@@carlos777uk its germanys current lack of understanding of how desperate the situation is now that makes people wonder if they can recover. last winter with a loss of most of their energy sources the lack of ng mostly. and the prospect of freezing in the winter. the germans still decided to shut down the rest of their nuclear power plants. i know it only produced 13% of their electricity but its 13 % they needed to help survive and they still shut them down. so when you say the hell with your morals and start using russian ng again it seems like your not seeing the big picture. you have options you keep stopping from helping your situation because of so called morals but then you say to hell with morals when it comes to russia. unless i see germany restart the few nuclear power plants up to help their situation even alittle then i wont believe the german people are serious about actualy facing the reality they are currently in.
The Brits and the Dutch both still exist as cultures, and as ethnicities, as nations. They were once the top empires and quite frankly seem to be doing well in their retirement from colonialism. Is something more extreme happening with China and Germany and Russia?
Russia, unlike UK or Netherlands, and just like Germany after WWI, seems to be full of resentment about the collapse of the USSR, and incapable to adjust to its role as a regional power instead of acting like an empire. So their people get what they get. IDK enough about China or Germany.
America's autocratic adversaries try to say the same thing about the US... while they wait for the day they can get in line at the American consulate to interview for a US visa 😂
@@freezerlunik Russia was never allowed to integrate into Europe. there was no Marshall Plan after the cold war like Western Europe had, even though Russia was begging for one. Jeffrey Sachs was in the US government in the 90s and advocated for one, listen to his views on this. Instead NATO decided to break all promises and surround Moscow with military and nuclear assets. So many lies spewed by politicians and military complex. They claim that Russia is so powerful it will march all the way to Portugal if not contained (we all know this is bs and even if it was their intention they are not powerful or rich enough) , but they also claim they are weak and pathetic on the other hand.
Dude, whole evenings in German TV are full of Schlager and bad carneval jokes and if this doesnt come, it is time for football. I'm pretty sure, German culture is not at risk. I love Döner btw. One of the best parts of German culture, especially after a long night out (another part of German culture)
This is what I love about Peter. He is so full of optimism for the future.
Meanwhile even Joe Rogan is freaking out the normies with his fears about WW3 in yesterday's podcast 😅. What is going on??
He's optimistic about an American future, basically because the demographics there aren't cratering like around the rest of the world.
@@Jay121 USA is good demographically bcs of the emigration , but basically every race can be called american so thats why is looking good on paper. Germany also have alot of emigration but the emigrants cant be called germans and if they are from EU they dont need visa thats the deference
@@Jay121 He neglects to mention the birthrate difference is like 1.6 per woman for the US vs 1.5 for Germany. The notion that US demographics are that much better is bizarre. The only thing that the US has going for it in terms of number of people is uncontrolled immigration I guess. If they ever shut down the border as a lot of Americans want, the US will be in about the same boat as Germany.
@@scottanno8861 Well Joe Rogan is a hyped idiot who believes his own hype so nothing to care about.
To be honest, since I moved to Germany a few years ago, I have been shocked at how naive and self destructive their politicians are. To be fair, my own country Ireland has also recently been self destructing somewhat, but German energy policy is a joke. They really needed more Nuclear plants, not less. Cheap energy is at the core of innovation and technology throughout history, Nuclear is carbon free and can deliver. The Green party here seem to be one of the most insane in the EU, polluting their own air by burning coal is so backwards. In daily life German people are generous and friendly, but again sometimes they choose bad company out of naivety. Maybe its related to war trauma. Their media is in a complete bubble of delusion, and their restrictive free speech laws will really start to hurt more, as new jobs and opportunities explode in the online world of podcasts and video entertainment. They will not be free to express their concerns with honesty. I hope the economic problems can be solved, but my God, the naivety about the real world must be confronted.
"The security of Israel is Germany's reason of state and we will act accordingly," - German Chancellor Olaf Scholz
Scholz is of course as jewish a name as you can get.
Do not expect any country to have jews at the helm and survive. Current POTUS is literally under their control : a demented old man handled by a fully jewish white house staff.
podcasting as an serious industry? what? can you compare how much jobs BMW creates compared to podcasting?
Unfortunately, we have the same naivety in Sweden.
Everything german is related to war trauma!😅
Same here. I moved in 8 years ago and I can see country going downhill ever since.
Living in germany, 33 years old, with a wife and three little kids, beeing the sole earner this is really nice to hear.
Well, they're hiring for the weekend and night-shift at your local Kebab shop. So don't be lazy, will you?
He omitted essential details. The Nordstream being blown up and reduced to a hunk of rubble on the sea floor, is the biggest industrial sabotage event in modern history.
I’m always very suspicious of analysts that omit essential details….
😂. Hope this isn't your first time here. He means well.
@@mysterioanonymous3206 they are hiring everywhere :D everybody is looking for personell...thats the problem
@@annaannan6840 Yeah, it feels sometimes like a little bit of fearmongering...
I'm living in Germany now 31 years and when I came here in 1992 I heard so often from foreign countries that Germany is finished. 31 years later it's still not finished.
Germany has just passed Japan to become the #3 economy in the world this year despite its energy woes. So much for the relevancy of this video
It's survived far worse.
31 years is nothing in this context. 50 is barely relevant
30 лет из 31 у вас было дешевое сырье из СССР и потом России.
А это не только энергетика, но и химия. Теперь у вас этого нет.
Ну только если из Казахстана стали поставлять нефть по российским трубопроводам.
Пока выкручиваетесь.
Very true,but i hope and don't think we are living in a bubble!
There is a huge amont of solar an the moterway and wind energy in Winter and houses are becoming very "low Energie" and Bio gas from Farmers. Will IT be enough? Who knows? I think we will have to be happier with loss!
Great to hear as a German in his mid 20s
well you can do the same as I did.. move somewhere else 😂
do not despair, friend (coming from a Russian in his mid 20s)
china is not bad@@marcux83
@@AlexAlex-tw5igoh well.. things can only get better in the medium and long term, right?
@@marcux83 hes not a fortune teller dude. Cannot foresee the future situations.
For Germany to abandon nuclear power is a pretty much suicidal move.
And burning lignite instead. When ideology leads to the dumbest decisions..
Socialism
Well the nuclear power was by far the most expensive type of energy in Germany, and in recent years nuclear contributed only to 6% of electricity, but only 2% of primary energy consumption. Therefore cutting nuclear out of the energy mix lead to more imports yes, but when you look at the data you'll see that it's mainly green power from the Scandinavian neighbors, far cheaper than the own produced nuclear ever could.
This nuclear cult really can't do math, not while being honest - seriously, nuclear is very expensive when you _include the gigantic subsidies._ It only makes financial sense if you need reactors to produce plutonium for bombs anyway like US, France, etc. For energy only it's one of the most expensive ways, even lignite makes financially more sense. Dependency on foreign powers is even worse than fossil fuels, too.
Unfortunately the green cult can't do math either and they often neglect the need for storage to get to sustainability (Peter bemoaned the difference between supply and demand - he leaves out that there are many technological solutions to that) but the laws in Germany are such that storage is taxed extra (because of course it is: storage facility is seen as an energy buyer and needs to pay end consumer tax and seen as a producer which comes with tax too) and storage capacity is in part shutting down because renewal doesn't make financial sense... and that's when storage is technologically more necessary than ever before in history... and that's under green party leadership because they changed nothing, really, it's mostly rhetoric and glueing yourself to the road.
Yes, indeed. It is high time we put this "Germans do it better" and "german efficiency" memes to the fucking grave where they belong. Germany is neither good at problem solving, nor at ethically running an industry. Coal country 2.0.
Remember how Europeans used to make fun of Trump and his coal mines? Well guess what, Germany has turned brown coal extraction into a national sport again and shut down their nuclear plants.
Tbh, I prefer France and their way of doing things. They sure aren't perfect either, but they are honestly better at doing a science-based and factual energy policy that is, if not good, at the very least more acceptable, to the environment.
I used to teach English at the electricity transmission company of a small European country, and I remember one of the high-level guys I taught there saying that he thought (maybe hoped) that Germany's energy policy was based on some kind of plan that he wasn't smart enough to figure out. This guy was one of the smartest people I've ever met, so yeah, it's all starting to add up.
The End of Germany has already happened after they left millions of Non German "refugees" into their country.
Norway has the potential to meet all of Germany's gas requirements, although there are a few hurdles to overcome. It's expected that this will gradually increase in the near future. However, reaching maximum capacity could take anywhere from 10 to 15 years.
@@sergeant64 But we're not supposed to talk about that Norway is financed by gas 🤫
@@sergeant64germany would have the potential to meet their requirements if it started fracking. but we're switching to something that will give us a future with less dependencies
Trump warned Germany about relying on Russian oil. The German official just snickered. That's all you need to know about said "policy."
As a German-American economist these are thought provoking hypothetical scenarios & somewhat easy to refute. Same with the simplistic views on China or Russia and other countries. Nonetheless my colleagues and I enjoy the stream of consciousness thought provoking scenarios.
I agree. There were so many assumptions on which the argumentation was based on that it’s hard to believe that he is serious about it.
Go on then, refute away.
What a gentle way of saying „bs“
Russia is energy rich, with large reserves of fossil fuels. I don’t see Russia having a problem for quite some time.
People will eventually realize that modern economies run on reliable, affordable energy. Neither wind nor solar energy is reliable in most Western countries, and it is expensive. Until Nuclear Fusion energy can become economically feasible, the only reliable, affordable energy will probably come from fossil fuels. Economies that lose access to affordable fossil fuels will shrink, never mind the potential issues with heating and cooling their buildings, fuelling their cars, etc. There may be no workaround for that reality, not for the reality that affordable plastics, fertilizers etc also come from fossil fuels.
@@orwellknew9112 Russia isn't particularly energy rich though. It's fossil fuel reserves are there but costly to extract and they're lacking most of the technology and know how to do so. What capacity they have currently was geared for export towards Europe and can't be used in or shipped to the east in any efficient way and they don't have the industrial capacity to use those reserves, nevermind use them at their current price. Moreover being almost exclusively dependent on fossil fuel prices for their economy to remain stable is a huge millstone around their neck and already collapsing their economy; it will do so ever faster as time goes on too because more and more countries are reducing fossil fuel consumption and the deposits they can use are getting ever more expensive to use. People don't seem to realize that Russia is *currently already* facing a fuel shortage with active rationing and that was during summer. One shudders to imagine the shortages they will face this winter with people needing to heat their homes.
Then there's this mantra that wind and solar are somehow partiularly unreliable. That may have been true in the 20th century, but modern computerized grid infrastructure has mostly eliminated that concern. Heating or cooling using fossil fuels is also quite inefficient, so I don't know why you think that to be some kind of large problem in the future, seeing as heat pumps have way higher efficiency and do double duty. Lastly, fertilizer is made primarily from nitrogen in the air and mineral components, it does not require fossil fuels at all.
Fossil fuel use is on the decline. It won't be as rapidly or completely as some people would want and it certainly won't save the climate, but to deny this is to close one's eyes to reality. And to use Russia of all places, a country that is already collapsing from this fact (although obviously accelerated by the war), to try and challenge that, is actually hilarious.
So my question is: is he an extreme hiker who just so happens to pontificate on global macroeconomics while hiking some of the highest elevations in the lower 48, or a global macroeconomist who does his best thinking where the air is thinnest and the physical exertion well above average? Either way, I have a deep appreciation for both. Love how he's able to connect the dots and explain it in a way that even a knuckle dragger like me can understand. I have found myself watching world news from a different perspective now and I actually have an interest in it. Thanks Dr. Zeihan.
he likes to challenge himself i guess, put an extra obstacle on top of talking about current events
He has asperges
His wife doesn’t allow him to talk about politics at home
he's a fraud. geopolitics is a scam.
Good way to stay fit!
I am also from Germany and take Peter’s prognosis as an encouragement. Yes, there are severe problems coming our way and I am not disputing that picture Peter paints is one possible outcome.
I would however not see it as inevitable.
So thanks Peter for your excellent and thought-provoking analysis. It is now the job of my countrymen and me to prove you wrong ;)
Keep up the good work you’re doing.
Sehe ich auch so
Good thing in that kind of situation is: There is much that can be done ... Replace the current political class, do more and speak less, make a boatload of kids, rethink energy, reduce bureaucracy, focus on skilled immigration
Y’all will prove him wrong history isn’t predictable he’s been saying China will collapse for 20 years now and if you’ll notice he seems to think the United States is untouchable I always take everything he says as mildly credible at best
@@Lolzzz483Should be a clear indicator that he's a deep state shill.
its a british conspiracy
I hope this dude will find his way home at some point.
Lolz - this channel is like the Quantum Leap of geopolitics
He seems to know exactly where he is... Sad that he has to walk everywhere
It's a damned nice house
There's a joke I know which seems fitting. Some guy goes to see his doctor because he's been feeling unhealthy. Doctor tells him to start walking every day. Guy asks how much? Doctor says for as long as possible. When the guy is supposed to make his appointment a week later, he doesn't show up so the doctor calls him with concern, asking him when he can come in. Guy says, "I'm not sure, I'd need at least a week to walk all the way back."
He’s obviously sheep hunting
After 46 years in Germany, one thing I learned long ago is, never, ever underestimate Germany. Oh, and after this time also to never, ever overestimate the USA.
the German Green Party shutting down the nukes and leaving only lignite coal as a viable option is truly the most astounding act of deliberate stupidity on the planet - and thre is seriously a lot of jaw dropping stupidity going on, but this one thing exceeds everything else in depths of shear stupidity
If Germany wants a sliver of hope for its survival, it needs to exit NATO post-haste and re-normalize relations with Russia - to get the natural gas at low cost flowing again and access to all the myriad other crucial raw materials that Russia can provide to the German industrial economy.
But access to low-cost NG in sufficient quantity is crucial, as it undergirds everything else in the German industrial complex.
The whole proxy war in Ukraine was really about the US eliminating the EU and especially Germany as serious competitors - and the not very bright Europeans fell for it at every step of the way.
The one thing Wash DC has always feared is Russia and Germany coupled together, as their economies are a perfect pairing.
Without that relationship, all that Germany can look forward to is a spiral into a de-industrialized abyss and every manner of misery and finality that will come from that
... Germany is a cuckold of USA
I entirely agree.
As thus guy Friedman said openly in Chicago - it has been the primary goal of the Pentagon to spoil the German Russian relations throughout the 20th century all the way to this day, no matter what the cost.
They have succeeded for now.
And I fear they will have ended the friendship with Central European countries with all they did in order to reach this goal in the 21st century.
But friends, we do not despise you, we pity you. It will all come back in due time.
Ohh jeah, but now we live >70 years under American rule and all the countries of the western world are infinitely in debt and will reach the peak and WWIII startet with Ukraine an will end terrrible. Thank you US for nothing!!!
Like he said something wrong ?
As a young German in Germany I am now sad😢
And the sun shines in Germany, sometimes, occasionally, one can notice it
What a mess. We would be so much better off if we only did the polar opposite of EVERYTHING we did for the last 20 years. What a fucking tragedy Merkel is to germany, europe.
as a young German I can say, that's what you get from leftist and green politics, they hate Germany and flood our country with uneducated extremist young men from Somalia, North Africa, etc etc.
Have at least 4 kids and convince all of your friends to do the same.
Don't be sad. Life is full of change. You just might find a good thing right around the corner you never expected to see.
Mann, laß Dich nicht runterziehen von so einem Video. Der Zeihan weiß auch nicht alles. Halt Dein Lebensziel im Auge und volle power action. Who cares which way the wind blows.
One thing overlooked about the energy policy’s of Germany in this video is that the EU power grid is actually integrated so the Netherlands and Norwegians actually supply Germany with both power and gas, the French, the Danes, the Swedes and Poles provide electricity. All this happen on a market so when prices goes up i Germany they also go up i the rest of the EU and now prices are down way down. Germany doesn’t stand alone it’s a part of the EU. This integration actually more resembles the US (if you disregard Texas). Reserve storage for gas has also been massively built out. So no the power with not go out if the LNG temporarily is not available. Also underestimating the purchasing power of Germany as country is a mistake no one in Asia, South America or anywhere else (except the US, they are the ones exporting) could out bid Germany on LNG.
Well said.
Decisions and efforts around AI, robotics, and other key technologies will also play a key role in magnifying the producitivity of a shrinking workforce. Personally, I think Germany can adapt to make those decisons and develop and/or acquire those technologies and survive some of the bumps in the road ahead. It's international relations are strong. There may be some sacrifice here or there but I think they can weather this storm. As I said elsewhere, they are hardly alone with the demographic problem. Lots of countries are working on it. I believe the technology will ultimately be there. I hope so, because the world needs strong economies, and Germany is currently like fourth, I think.
The Dutch closed their natural gas fields last week
We gleefully disregard Texas every chance we get.
Recently, Germany mainly exported electricity to France because the nuclear power plants there could not work due to the drought.
@@DudemeisterNL Only for two more weeks right? Right?
Congratulations to Peter Zeihan for successfully predicting 20 of the last 3 crises
Nadie escucha al meteorólogo cuando hace sol. 😂
😂😂 that’s a good ratio
Proper Nostradamus!
Jack Van Impe did a better job. He has Germany lashing out at Israel.
@@apextroll lol! I used to watch his ezekiel and daniel stuff all the way from kenya
This was one of Zehan's more complicated presentations. I may have to listen to it three or more times & internet search to start to understand more of the complexities of his predictions.
You might start with "Mein Kampf", because Adolph Hitler said the very same thing in 1924 that Zeihan is saying now.
From Peter, I don't accept anything less than total collapse.
I find Peter very entertaining. Making so many predictions of the inevitable collapse of something. Surely you'll be right about one.
in his future predction everybody dies, we all burn and no nation will survive. And the nation that does survive will just succumb to old age and sky high welfare costs
Agreed. That's the hook.
Tldr is every country is collapsing imminently apart from the USA which will have a renaissance like nothing in history
If you go back 10 years and look at his work, hes about 70% right because he uses analytics.
@joemunkey He names many other countries that will do well France, Sweden and Argentina to name a few, if they learn how to govern.. He's about 70% right, as I said before. Check out his work and then make a judgment.
I'm sure a lot of Peter's predictions are based on valid data and logical assumptions of macro-economic behavior, however all of that does not occur in an unchanging vacuum. The circumstances driving events are also constantly changing and presenting new dynamics in all of these relationships that can alter the picture significantly. The one inevitable fact is that our post WWII world order is being abandoned and that there are a lot of malignant actors who know how to destroy, but not how to create or improve.
Technologies are huge trump card for those who acquire, hold, and play them wisely.
Well said it’s the same problem we have with our politicians in America. They love to destroy stuff never to create.
What you should also keep in mind is that Peter's predictions are exactly that. He isn't stating that what he says is what WILL happen, he's just predicting the most likely path forward.
Yeah, I mean we have grid interconnectors and HVDC lines now that can ferry energy from elsewhere, add to that inbound energy storage solutions and the renewable intermittence problem gets kneecapped. Not sure why we'd want expensive nuclear when we can just buy nuclear overcapacity from France during the transition, which we've been doing. Not only that, but people can modify their behavior so quickly now in response to high energy, which we've been doing. Germany will be just fine.
@osamabinladenssecondgirlfr4241 🤣😂😂😂 Sure, "Intuition". He just pulls this all from thin air. Great Take!
I have been traveling to / commuting to Berlin for the last 1.5 years - just finishing that at the end of the year. Was working at a management position and the overall way how companies function is substantially different to what I was used to (worked in London, Prague, Bratislava). When it comes to small companies - (I don't want to generalize), but - they are doing everything to not work agile - even if they "on paper" - do agile and/or try to be flexible they add unnecessary steps, so at the end of the day many things that take some other companies one month take half a year in Germany. This is doable / possible in industries with longer timelines and you see that with the things where German companies are good at (cars, industry, etc.) - but - you start failing in areas where speed of R&D is essential. The other thing I noticed is that specifically in large companies English is somehow an afterthought (again don't want to generalize). The problem is some flexibility in many areas - once someone makes a decision, than it's very hard to communicate about why the initial decision was made. What has been the case & probably will be for a long time is that wages will remain in limbo (and everyone is already sort of on the same/similar level - regardless if you're a cashier or a PM), taxes will remain high & overall the country will simply lean hard into a social-state (not a bad thing sort of, but together with everything else innovation is being crippled).
Yes. That’s how i see Germany. Let’s see how it plays out.
As a German in his 30s I say: Tough tasks lie ahead. But such problems are there to be solved. Will it be easy? No. Will we solve it? We have to, one way or another.
I also second what an Italien friend said in the comments here. We need better, more efficient European cooperation including especially a common security policy.
In Germany the answer is always 'We need more EU and a big European Army!', when what they really need is to stop the hypocrisy over energy policy and to build nuclear power stations fast.
Yeah, he acts like the EU doesn't exists 😂. We are busy building the biggest electrical grid in the world etc.
WE NEED TO IMPORT A TON MORE ARAB AND NEGROS!
@@sotony7483Both of those things can be combined and worked towards. I'm German, and the disposition the previous generation had against nuclear energy is RIDICULOUS, and entirely led by political populism desperate for some issue to generate votes.
Well, times are changing. The political landscape in Germany is VERY much evolving in the right direction (ha), working against this left/green overcompensation for the past right extremism.
Eventually Germans will find the cultural solution to these issues.
Nuclear is becoming a ever popular topic, and Germany definitely has the resources to develop a nuclear industry.
The biggest issue, in my opinion, is the population collapse, but the solution to that will be worked out culturally once we face the consequences of it.
Zeihan says the population collapse is caused by the increasingly urbanized population, but that's NOT the real cause. It's correlated, but not the root issue. The root issue is a lack of cultural value hierarchies that make building a family a prominent and important part of life.
Once that will be realized (which will happen once we face serious negative consequences) this trend can be switched around REAL FAST. (within a single generation)
Imagine a child being raise with the cultural awareness of a population collapse. Voting for relevant government Programms and support, Being aware of the absolute gigantic value of children for you own life as well as the life of your peers? Easy!
We carry the desire to procreate in our very biology. It's most fundamental. Also, there is some cultural influence from immigrants with a more Traditional culture. It's a admired trait. Most people think having a large family is GOOD.
This isn't something that will break Germany, it's just an obstacle, a learning process.
@@sotony7483a little bit delusional. You can’t just simply build a NPR fast. There is a reason why they good slower to build and get more expensive every years, this is not feasible in Germany or elsewhere.
I saw an interview with Klaus Voorman who was the stand in bass player for the X Beatles, Lennon, Harrison and Ringo Starr. He talked about German resiliency as he lived through the transition from World War II Fascism to Democratic capitalism and his comment “Germany pivoted and shifted extremely quickly. We could do that it was relatively easy for us. “ I would never underestimate the talent of the German people to move whatever direction they need.
He did the cover art for the Beatles Album Revolver.
You mean the Marshall plan. Without it ...there're nothing!
Communists work on dismantling national societies for decades already (starting from the German one). So you can forget about "talents of the German people" if the leading buzzword is "diversity".
Germany had to repay the full marshall plan, the US got rich of it.
Europe would still have recovered quickly after the second world war, even without the Marshall plan.
Just a bit less fast.
Agree! They will figure it out.
I’m afraid that this diagnosis is more or less correct. However, having spent some time in the US, including Los Angelos and San Fransisco I have to say that at least parts of the US look like they have reached the end already. Never in an advanced country have I seen such desolation, poverty and decline.
Sadly the U.S. is becoming a two-class country. Look at the suburbs and you'll feel like you're in a different world that no one in the "Middle Class" can buy into. :(
It's an energy issue. We don't have the oil in the world to keep the US going the way it is, much less the world. US style capitalism is also completely short term focused on more oil with no replacement on the way. We are all screwed.
The US. is the most advanced 3rd world country on the planet.
@@GrahamMaloney-x8qAmerica is an oil exporter. They produce enough oil for themselves and then sell the extra. Wtf are you talking about?
@@johnw9038 Remember that my phrase was 'keep going the way it is'. Oil is finite, as is the climate that the entire world relies on that is impacted by it.
Sensationalist take, as usual. Germany has only problems and it’s been a decade a ways from demise for the past 50 years. I’ve been here during both COVID and the war in Ukraine, and it’s incredible how resilient the country has been to these crises.
they need to have kids.
Well they are quite horny so that shouldn't be a problem if they use less sexual protection.
It really does not have only problems but the media focuses only on the problems because that's what sells. The situation in Germany is really not that bad, yes Germany is facing competition but the big companies are overall doing very well and growing, debt to GDP is very low, Inflation is under control and has become stable, unemployment is low, It still runs a trade surplus and remains an exporting powerhouse, And berlin is a startup hub producing companies that will lift up the german economy for the years to come. About GDP not growing, it really is mostly a choice, Germans work way less than Americans, they have more holidays more sick leaves and stuff, these things just are opposite of GDP Growth which is working more but these are trade-offs I and many Germans are more than happy to take! Of course the economy is overall not doing the greatest but again it is really not that bad and Germany isn't going anywhere anytime soon!
Actually Germany still hasn't recovered beyond pre-pandemic levels.
Demographics aside, Germans have proven to be quite adaptable. Germany may not continue to be the economic powerhouse it has been, but I wouldn't count them out. The rest of Europe and Russia are facing similar demographic pressure. The tide is rolling out for a good chunk of humanity, and many would rather be in Germany's shoes.
This is globalization in action. Make individual nations weak and dependant on the whole world.
He seems to forget that Germany have a lot of immigrants. Their population is going up last few years.
Agreed. It's just a matter of things to get dire enough, so that we (ze Germans) are sufficiently motivated to start moving our behinds.
Both the Germans and the Russians have a track record of surviving catastrophe. Usually better than their neighbours.
@@NLJeffEU He does say "Germans as an ethnicity". A lot of the immigrants are of a different ethnicity, have a higher birth rate, and oppose much of German culture. A future Germany where beer and pork are outlawed, religious icons forbidden, music banned? It might take a long time, buy it could happen.
Imagine Peter's take on Southern Europe if Germany is this screwed lol
He basicly sees Germany as a symbol for the whole of Europe anyways and thinks the whole continent is fucked.
How does a confederacy compete against several global powers holding continuity?
Read his books. He says Greece will basically cease to exist as a functioning state
@@aurigo_tech Except for France - he seems optimistic about France's future.
@@aurigo_tech does he thinks the same for the UK?
I love how the world always ends on this channel, and yet somehow there's always a tomorrow.
China has been collapsing for a mighty long time...
Except for amurica in his mind, rest of the world is going down and in amurica everything goes well 😅
So true. Peter has a way of painting a picture of future train wrecks with words that is just magnetic. I really think it's his way of encouraging adaptation.
World ending? A bit much. He simply follows metrics and makes predictions. He’s congruent with other channels I’ve observed and the RUclips news channels eventually get a clue weeks later. Is he always right? Well, no. No one is. Id wager he’s more correct than…..the mainstream media. So here I am.
@@jperin001 Yeah, it's magnetic, but with opposing poles.
I’m 63 and German. I left Germany in 2009 when I realised that I would fall into old age poverty because as a single mother of one and although I had been working for 30 years, there was nothing to show for it than bare survival. My son also left Germany. I agree with everything in the video. The Green Party and shutting down the nuclear power plants was the worst thing that could happen to the country.
CDU decided to shut down the plants in 2011.
@@lodepublishingWell, it was Merkel but the pressure behind that came always from the Green party.
@@justachannel8600 Well, it came from the population since decades. There might have been some Russian influence in that regard.
You don't need to be sorry or apologetic, Peter. I've said it MANY times myself throughout my life, that it is mind-blowing that our politicians don't do something about the problems when everyone sees them coming from afar.
And the overall issue is that there has been plenty of TIME, but rather than being driven by NECESSITY everything is driven by GREED and willing to take RISKS.
Currently our politicians are actively creating or worsening these problems. Yes, we ignored increasing issues willingly for decades since the War, but what happens now is not a solution, it's just making it a bigger mess for some ideological gains. You can't cure a sick man by chopping off his arms.
I am so glad Zeihan has been wrong so many times.
@@cinikcynic3087 Oh? He and I are of the same profession, and I can tell you Peter is not far off. Neither he nor I nor anyone in our profession have a crystal ball to see the future, and there are a myriad of variables that apply to what we do as life is unpredictable; however, looking at the past and data we know it is quite possible to fairly accurately tell where we are heading, long-term and well as short-term.
I have yet to see Peter be wrong on the large points he presents. It takes time for 75 years of hard work to unravel.
People do not reward politicians doing right thing at the end of the day. 1-5% problems > +90% issue
That's a democracy, you can't fix country, until every last wrong in the head minority is pleased. That would be cruel to them
Politics have their own agenda, they are not installed to work for the benefit of their own people.
I have more faith in Germany to survive. Germans have shown the ability to rise to the occasion multiple times no matter the setbacks. 2 world wars which were devastating. And I'm old enough to remember when Germany reunified after the cold war there was much doubt about how they could handle all the new "instant" citizens from East Germany - all of who were poor, needy and now jobless. A very daunting task at the time. Yet Germany became the powerhouse for all of Europe.
Peter can be surprised from time to time - he did not expect the Germans to do as well as they did in switching from Russian crude and natural gas to other sources. Peter has also pointed out that we export a lot of our light sweet oil - so Germany can build some refineries for it. We Americans need to, too, for that matter.
Germans have shown the ability and the willingness to move rapidly when they want to. Declining population? Probably more automation and robotics. Peter is down on automation but I wouldn't underestimate the Germans. The Germans will take what lessons they can learn from the Japanese, and they're likely to do it quicker. Bear in mind the Japanese had no historical model to make the changes they did - the Germans now do. Perhaps they'll build industrial plants here in the U.S. the way the Japanese have. For American buyers and German sellers, the export chain is instant. The supply chain may or may not be problematic as the U.S. reshores or near-shores supply lines. The Germans will figure it out.
None of this means smooth sailing. But the end? We'll have to wait and see. Peter's main points are right on, I don't want to disagree with that.
And never mention the act of war that was the explosive closure of Nordstream 2 pipeline...
@@rick11960 NS2 was never even opened.
@@rick11960 Didn't think I needed to: it was already stated in Germany finding new resources having to switch from Russian crude and replacing the lost natural gas. You didn't pick up on that? A strange thing to criticize me for.
Always impressed me as a Brit how we were suppose to have been on the winning side in 2 World Wars yet most of our industrial companies have gone except Rolls Royce aero engines yet Krupp steel, Mercedes Benz suppliers of Hitlers cars, BMW Luftwaffe engines, Porsche designer of the Tiger tank and my old employer Knorr Bremse made wagons that sent Jews to Auschwitz still survive. Is that we’re the Nazi Gold ended up????
As long as you conveniently ignore the fact that the Germans caused their own issues by starting the world wars in the first place.
We have had negative electrical prices in Denmark because of overproduction of solar and wind in Germany
So, they pay you to use it?
@@LeftatalbuquerqueYes, as absurd as it seems.
I made 25 dkk to pyrolyse my oven and charge my EV.
It doesn't happen often, but usually on sunny Sundays in the summer where Germans are vacationing, noone is at the factories, and no one is at home
Yeah though you need to be on a tariff where you pay market rights.
That's why Zeihan yelled his point at 7:08, he is a steam power advocate.
@@edc1569I'm not sure I understand?
This is what I love about Peter. He's talking about immediate collapsing within a period of 20-30 years! For me an immediate collapsing is a period of maximum 1 month. It is now 2 weeks sence mr. Peter predicted Germany's collapsing. Germans, do something, in 2 weeks you collapse!
Nostradamus must be very proud of Peter.
just spews for views. if he'd say its all gonna work out nobody clicks the vid and sub his channel. all these shills work the same. they just read some shit on the net and out of that shit mix they conjure up some potential scenarios and proclaim they will happen within (insert extremely long timespan). if some of them happen, he can say he was right. if they don't he will just say he was too forward in this thinking and it will surely happen soon. if they happen to actually "predict" some events correctly, even if most other predictions are false, they will just focus on the ones that are right. like throwing darts blindfolded and making a big deal out of the few ones that actually hit the board. with this modern dumbed down audience, they can't lose this game.
1 month? Dude, one salary period is a absolute minimum timegap for any economy. "Immediate" is probably a few years.
This guy is has always been a russian hater
Peter at a birthday party: cakes and champagne are in decline, we’ll be drinking tap water, and even that will be taxed.
Lol! :D
I am German and agree with all that have been said. One more thing to add which makes the problems almost unsolvable is another factor caused by demographics. The members of the biggest two political parties are on average significantly older than 60 and are always part of the government - in the past 20 years even also often together in what we call the "Great Coalition" (spoiler alert, nothing great in it). You can imagine what type of political style is common, no brave and future-oriented reforms, investments in infrastructure, less bureaucracy or better education but more pensions and more social spending of all kinds for the old. We just haven't understood that we live on the benefits of the past, are employed by conglomerates that are older than 100 years in sectors of decreasing importance. Winter is coming...
Gerontocracies are a global problem. We have old fucks in the US having strokes and stumbling live on cam yet they are still employed 🙄
I believe in karma. Germany will survive. But humbled
I remember in the 1980s German unemployment reaching about 15 % to 20%. They endured that scenario.
Germany should've put their interest first rather than american. You guys could learn something from Hungary who threatened NATO article 5 if their gas pipeline was attacked . You guys alone carry the European union and your economy is going down it's sad.
I don't understand how all this leads to Germany as a state to stop existing? What does that even mean? Why wouldn't it "just" mean that its economy would shrink?
You were looking down at my house while making this video. Cheers!
German here as well. In addition to the stated problems we have massive influx of unqualified immigrants from third world countries and a very anticapitalist and anti free market population. Education is becoming worse, healthcare is becoming worse and our pension system is a Ponzi scheme. Overall, very good conditions for a bright future ahead of us.
What do exactly refer to when you talk about the market population? How are they anticapitalistic?
@m.3257 Over the next decade we need Millions of young immigrants to compensate the declining demographics. Already now our caring system heavily relies on migrants, the same in other branches f. e. construction, waste industry and so on. Once unqualified they are now qualified and pay taxes. You just don´t see them as they are working. Unfortunately migrant bashing got very popular in Germany, especially from those who have no higher education themselves.
"Over the next decade we need Millions of young immigrants to compensate the declining demographics." LOL, you purposely left out the word 'qualified' before young immigrants but still, nice try. Germany gets lots of young men (women not so much) who in large parts have bad education. Why would a qualified immigrant come to Germany? High taxes, worsening education, worsening economy, high energy prices, very bad pension system and a giant welfare system that is open to everyone but needs to be financed by the working class. This does not and will not work.@@julilab
@@3rdfriend Compared with other countries capitalism has a relatively bad reputation in Germany. Every third university student wants to work in the public sector. As we all know, the public sector is highly inefficient, especially in Germany. Why do people want to work there? High wages, little work, high job sevurity. And as I said, schools and infrastructure are becoming worse and worse in Germany. So instead of focusing on core activities like education, security and infrastructure, the German government is wasting billions of Euros on a ridiculous welfare system that supports laziness and also attracts millions of people worldwide. The welfare payments in Germany are much higher than the wages in many other countries. But as I said, Germany will destroy itself and the population deserves it for voting for this crap.
@julilab You missed the part to bash the AfD, because all the rest seems to be perfect and in the right direction for you. ❤
A fair summary, as a Dutch person I hold my neighbors in high regard and I think they will solve these issues.
There are no issus,Germany is on track in a better future and dose all the right things!
Thanks for cheering us up. I always felt that the Dutch are very close to Germans and it is a pity the war has made us so antagonistic. A long time ago the nordic region was a region of viking kingdoms and settlements. We should remember that.
Agree. German will adapt. I believe Peter is stating these things as a matter as if they don't change their ways.
They can by working together with Russia again, but will they is the question… and will the US allow it
Sure, they could invade you again; free Gouda (if the EU lets you produce it).
I'm fairly new to this channel (2 months) but I'm really liking the perspective. I'd really like Peter to do several videos on the United States and how he sees it changing in the coming decades. Also, I'd love to hear about possible (even outlandish) long term solutions for all the problems mounting on the Global stage.
Just slow down the Technology Fuel that nurtures the Flame of War.
That is what America currently does - limit the technology flow to hostile powers.
Mankind has to realize that we live for our own pleasure, not for the pleasure of money markets, corporations and Oligarchs.
According to Peter there are no problems in the USA in spite of rising fascism, a dysfunctional political system, book burnings, health crisis, daily mass shootings etc.....
Yeah I also would like to see one on Italy. There demographics are very concerning.
Read his books he details the US quite a bit.
Regarding USA ... They exist ! He has outlined details about numerous topics on what he believes are the upcoming changes to the US economy including the reemergence of the manufacturing verticals as deglobalization takes hold.
I think your last point is what saves Germany in this scenario. Unlike Russia and China, Germany has good allies and had been a good ally, so they'll get help. It may not keep them as top dogs, but the EU, US, and UK won't just let them collapse unless they do something stupid like "lash out" militarily.
Germany will rely on the EU to save them, eagerly ceding their sovereignty to protect their values. I doubt France will object, hegemony over Germany having been a national objective for the best part of 1000 years. With the UK out of the way, the rest of the EU states will either jump fully on board or hit the "off" ramp, leaving a clear road for the integrationalists.
I'm surprised the European powerhouse countries don't just roll over the dysfunctional countries in the middle east and take over those resources. I'd rather have the middle east in the hands of the British, French, and Germans than have what we have now.
Germany has been a shitty ally to both the East and the West for the entire post WW2 period. They don't pay anything for defense in the modern period, the US pays for all of it. How are they a good ally?
well, lets start that stuff they facing its not because Europe did something, but some of their leaders sold (betrayed) to Russia or middle east. Ps. I am European and i lived in east EU, UK, Spain and no one wants to jump on them, actually Germans are even one of most liked EU nation, i am talking about normal Germans and not their goverment. Your babbling, sounds like yet another Russian dumb attempt for dissinformatio
It was German alies who are responsible for all this energy mess, germany is still occupied country,but nobody saying that out loud.
Have you noticed all of his hypotheses for all the countries except the US is all doom and gloom!
The dude is such a state dept asset 😂
So he is full of shit?
I mean....where is the lie
Everyone talks shit about the big boy on the bloc, but the one guy observing the facts is suddenly a deep state asset lol
America has the fastest growing economy of any developed economy, lowest unemployment rate, and lowest inflation
@@satyampatel491 What are you talking about? Better check your facts again, starting with the lowest inflation. That`s ridiculous!
Given the recent well publicised disagreements between the IMF and the UK Treasury over economic forecasts, any chance of a similar demographic analysis for the UK - as all the previous analysis has been focussed on the immediate fallout of Brexit rather than looking further ahead?
Interesting and insightful videos as always! 👍
As a Brit I can tell you that we are absolutely fucked 💩 🇬🇧
IMF is a joke.
UK castrated it self with brexit and is actively being overrun by blacks and muslims with demographics for local British people looking fucked. Britain has fallen, it’s just a long fall since we been so tall
IMF should be disbanded. They have been underpredicting UK growth for past 10 years. They are a bunch of morons.
@@SkyGlitchGalaxyso is the UK lol.
As a German I can tell you most of us know that very well scince 15 years at least. Most of us are on one term that things need to massivly change to get things going again. That means more work for us. We will see. Im from gen Z, so I will follow it for the next 50 years if I dont die in a future war. Slava Ukraini
One adittion YES YES YES you right. WE are MAD holy shit
We need you on the Eastern front soldier :)
Make babies now
Germany economy will shrink significantly but i think it will happen during a world wide recession so its economy will rival against other economy's who are also struggling.
I believe that the german society will use that to concntrate on their strengths to prosper again just like after ww2.
As a german i have to say that we are facing harsh times .
Free Palestine 🇵🇸
@@SofiaSonnenschein They didn't vote to be forced to cheer the destruction of their own energy infrastructure and economy for the benefit of their occupiers.
@@SofiaSonnenschein The politicians do not have a say in the matter, they are puppets. Germany is an occupied country.
@hinada9342 just stop. Gaza is done anyway your loser behavior and comments are a waste of time. You have zero influence
Only 4% of all CO2 produced on earth comes from humans and human activity That is 0,00152% of air and that is not disturbing any balans ! Stop the IPCC climate scam and green corruption with tax payers money !
It is amazing to me how little credit Germans are given.
He is bashing us for a reason. Most likely WW2 or the
Unspeakable. Shoa.
@@ralphasmussen9101 well that is past
He is literally a German descendant
1) trade relationship
2) demographics
3) energy
He missed migration
@@booster8267
1) Germany is in the middle of the largest trading block in the world. China is less than 15% of German Exports..
"China is important as an export market, but far less important than it appears in the public perception," said Max Zenglein, chief economist at the Mercator Institute for China Studies (Merics). The United States is much more important for German exporters than China, Zenglein said.”
2) Migration is demographics. Germany has a low birth rate but keeps its population steady for a long time now, given that it is the #2 immigration country only behind the US.
In fact without “cheap” low-skilled labour, not a single Amazon parcel would be delivered or trash can at a railway station emptied.
And the overwhelming number of foreigners in Germany is skilled or highly skilled.
3) Energy is going to be the growth motor for Germany, that IT was/is for the US.
Renewables are already the cheapest from of energy there is, storage is a major research topic (Sodium batteries!) and efficiency drivers like industrial heat pumps and district heating of quarters near industrial plants is already happening at scale.
The problem with Zeihan is that he has his head stuck in his backside, when it comes to reality.
There (in the US) he would find crippling debt, a shortage of skilled workers, a growing wealth gap and erosion of the middle class and a political system that might elect a neo-fascist back into the White House.
If I was him, I’d be much more concerned about the US, than worry about Germany!
ISLAMIZATION
covidonomy instead of economy. coming back soon.
@@BluckyOne You mean people as filled with hate as yourself, just on the opposite side of the fence?
Your videos are like a sobering cup of coffee. Can't start my day without it!
It’s a myth that coffee/caffeine can help sober you up. The big Z’s videos on the other hand…
and. a kiss on forehead from him wud be nice as he handsome
They are useless, “Oh look an awful problem let me not recommend any solutions as that would result in me being political which would alienate a large section of my audience” it’s depressing only cause he makes it so, he has ideas/concepts on how nations can avoid these results but doesn’t.
@@raquetdude If you want solutions, you need to pay up, why would they come for free?
@@raquetdudeHow does someone watch Zeihan and feel depressed lol
Germany has an educated motivated population. It won't be "the same" for any of us going forward. We change and adapt as will Germany. Its not going away.
Smart Germans are already leaving
@@Pezzerd#This
Why work half your time for the state& not get an adequate pension?
You forgot several million radical Muslims they "imported" from Syria, Afghanistan and other Third World countries.
Just walk through any city at night and you will think you are in Turkey or some other shithole.
Country is slowly changing and turning into shit.
I plan to leave Germany in few years. I have lot of colleges in highly paid positions and many of them are thinking the same.
Germany made a very poor decision with recent immigration whims. Yet they were anticipating an older generation of Germans retiring and bringing in families of 12 from the middle east and Africa for an influx of youth.
The new cultures arriving are not blending in but remaining autonomous to their own culture, not German traditions.
It will go away. The US occupation zone and its lobotomised zombies is finally going to get buttfucked away by migrants.
People tend to form linear models. Economic and political changes, activations of action through new findings and/or changes in the environment in which the (apparently linear) trend takes place are usually not taken into account. But yes: the trend looks worse for the germans.
Linear model is the most effective. Average rate of change is used for curves in math
Peter always makes me sad about the future but he definitely keeps it real af
Is it tho? Seems like he oversells situation for the purpose of dramatics and moreover it sells so he can just go hiking everyday and not really work. Over dramatic, like that ex gf who always lose her mind when you leave a cupboard door open. No the house isnt going to collapse I just left the door open. its equates to about the same.
If sucking up to the american ego is real to you.
thats not his fault, the future is simply looking bleak...
@@Dougie-ex1ovYou think this RUclips channel is his job? Lmao
@@MrAngryorangutan all he does is hike in the middle of the day everyday. Not sure what kind of job can allow for all that free time in the middle of the day. If you konw what he does what didnt you write that. Lmao.
For what it's worth western countries seem to do a good job backing each other. Even the western aligned asian ones. I have a hard time believing they won't find a new way forward when people are supportive like that. We helped South Korea and Japan along with deal making and support and I feel Germany will not be left behind. This may also be a chance for them to form a better economic block with the eastern european countries. Especially with the vacuum of Russian influence in some of them.
He makes some important points, but he also speaks in sweeping generalities without accounting for the dramatic effects of time and adaptability. That makes a significant number of his conclusions informed primarily by hyperbole and sensationalism (which generate a lot of clicks for $$$). I remember the many gurus making international pronouncements in the 1970s about oil, etc., and they were almost universally wrong.
Germany can fix this just by cutting off the funding to the foreign backed environuts so they shut up and fracking.
Yàa starting to look similar to Weimar Republic. Except this time they already got Poland and Ukraine! Good Luck!
They have common enemies, unfortunately Germany has acted like an enemy state for years. American veterans such as myself are tired of defending these coward leftists unable to deal with reality. Seriously, who buys energy from Russia while Russia is invading its neighbors for decades.
Many countries are suffering similar problems to Germany, especially the demographics. What's needed is an economic model that functions with shrinking demand, shrinking productivity and markets that virtually don't exist. It's a tall order, but maybe some economist can figure something out. I'm a little doubtful. @@ReflectedMiles
Hi from Germany!⬛🟥🟨
I am always surprised how confident those American guys are despite their half knowledge and over generalizations, we describe those guys as having eaten wisdom with a spoon
Like how europeans generalize? Very hypocritical, we just don’t care about what a bunch of poor people have to say.
😂 Let me guess. U r German 😅
Basically that.
@@taiwu5078 I am an Italian who grew up in Germany. We have felt a lot of ridicule from Germany over the last 15 years because of the crisis in Italy. I'm now excited to see how Germany will deal with it. My experience tells me that they can't do it. Because they are not used to it and have never understood that prosperity in Germany is not only based on their ability but much more on geopolitical and geographical coincidences. I feel the panic and resignation here. The Italians, on the other hand, are used to crises. The entire history of Italy is one never ending crisis. Now the Germans have to show what they can do. 15 years of advice to southern Europe. Let's see if they work.
Right. And when we look at who the most prosperous, powerful, and successful country in history and the greatest masters of business, economics, industry, and logistics…the Us…we totally see that Americans are wrong. Sure.
You ignore this for the sake of your wounded ego and envy.
The world relies on Germany on a lot of hyper-precise value added parts of the supply chain. They will be very difficult to replace.
Either the companies making them will relocate taking their machinery, technology and skilled engineers with them, or foreign investors will take over production and safeguard the energy and material supplies required in whatever Germany becomes. The supply chain won't be broken (for those with the capital to secure it anyway).
They can and are being replaced. Some former Soviet states like Poland and Czech Republic are getting better as well as many other nations like South Korea. In the long term, others are moving up in the supply chain, and Germany prices itself out of markets with expensive labor.
You'll be surprised. Wait and see...
companies will just relocate. Production is the part that makes money not inventing
@@hmcredfed1836It will be hard to replicate the German mindset and educational system in most other countries. Japan is an exception.
I knew Germany was in trouble when BMW started pushing out horrible car designs 😅
I think underestimating Germany could be a big mistake. People have done that on numerous occasions and regretted it. I have no ready solutions for all the problems listed, but will mention that the North Sea still has some oil and gas, and that Norway and Denmark are ramping up production again. Denmark is also massively expanding its wind energy production capacity. We could already export more, but the electricity network is already at full capacity on most days, with wind turbines standing idle here.
Ive watched germans manipulate a minecraft world in epic ways, so im not worried about them, theyll come up with something.
Germany has loads of lignite and better coal, we have Methane, we have lots of U238 "waste"(to be burned in a THTR300 or in a russian style sodium reactor), we have plenty of Uranium(once we were on place 4 of Uranium producers).
We just need to get rid of the marxists in media, schools and government and we will do just fine.
AfD 51% !
As someone who lives in Germany here is my point of view. You have to take into consideration Germany today is not the same Germany 20 or 30 years ago. We no longer have post Cold war era man in politics thinking about long term strategy.
All Germany has today is bunch of leftist retards behind the helm of our country. They are only concerned how to destroy industry, energy production, wipe out Christian tradition and import as many as possible radical Islamists into the country.
It breaks my heart to see where things are going. My plan is to leave in 2-3 years.
They can go hard mean (like the old days). Get Russian oil. Kick out migrants. And have 10 Amish children each
worst case we could just do fracking ourselves.
Oh thanks Pete for the outlook, I am 60 now, looks like my country at least will last as long as I do, and I won't have to hang myself. I am just travelling through my country for a couple of weeks, evaluating the aftermaths of Germany's last death that still is visible at many places.
So as a summary of your lessons that I saw, China, Russia and Germany are going down within the next 20 years, did I miss some country ?
U. S. A
A note on German demographics: one thing many Europeans are noticing today is that local identities are fading away as a result of increased mobility. Local dialects are disappearing, people from across the country are moving around. The same is true for Europe as a whole, ever since Schengen was enacted 35 years ago. If German and Italian and Spanish ethnicities are all going to disappear, what will most likely replace them is a more generalized European ethnicity. There will still be German regions, French regions, and Greek regions, but they'll take on a more provincial nature.
This is probably the absolute bleakest part of the situation.
This is happening everywhere. It's happening here in Canada too even if our local identities are not as individuated as, say, European countries. It's mostly seen in the decline of regional accents and a homogenization of a more generalized, Canadian, North American accent.
@@danielbob2628it’s not going to be as bad as the poster says. Most people stay at home. The US is one of the most internally mobile populations but still the majority of people stay in the state of their birth. And the local state cultures still remain 60 years after the birth of the interstate highway.
People fiercely hold onto their tribes, especially when their ways of life are threatened. At least from the outside, it appears that migrants are not embraced ... segregated and vilified? ... creating an "us versus them" perspective. The climate crisis and refugees are going to continue amplifying this tribalism. EU heterogeneity about power and economics... borders, laws, taxes, et al ... are also working against your vision. If off-target, I'd appreciate understanding what I'm missing.
@@danielbob2628Why?
I really hope Germany can turn things around.
Best wishes from Idaho, USA.
And best wishes to them from here in California too! Germans are hard-working and incredibly resourceful. They'll work their way through these problems and come out the other side.
There is nothing that Germany hast to turn around,things ate great and getting even better longterm!
@@brunoheggli2888 cringe.
x@@brunoheggli2888 are you german ? doesnt at least one point hit, btw. i think hes right
@@brunoheggli2888 Well, I don't know where you live, but you couldn't be more wrong. It's getting worse every fcking day. And no, I'm definitely not exaggerating. If it were easier for me to leave this slowly sinking dinghy, I would've been in the US since last week.
German here. Another factor that is often overlooked is education. We don't have enough teachers and stem students. What we have a are a lot of psychologists and economists who really can't do anything. This means that most innovations can not happen in Germany and I could give several examples from my personal experience alone. The only hope I see for Germany is a European Republic. But the European Union and Germany are so corrupt that the possibility for that is very low. Nationalism is rising again in Europe and so i don't see this happening.
@@tl8231 Im all for immigration. They and especially the second generation do most of the important low wage work. The problem lies in the corrupt universities which can only exists if a lot of people study unuseful things. And these people rely on that cheap labour who are actually working. I am one of these people. I studied economics and later data science. All these fancy firms are doing absolutely nothing bulshit jobs and universities all around. It's a joke
Wow interesting, I always thought Germany has good number of stem students and stem teachers as it's kind of famous for that.
@@rasulikt you thinking of RWTH Aachen for engineering and physics. Yes we have good universities for that. But the NC for getting into them is actually very low because so few people are applying. So we have a couple of good universities from which the whole world is recruiting and that's it. Consider that one of the largest universities in Germany cologne doesn't even have a computer science department. I must add: we also have a lot of layers. That pretty much sums up Germany. Alot of economists lawers and psychologists bullshitting every one and a few highly skilled engineers and Physiker shaking their heads.
@tobiasrinnert5044 oh indeed. Never thought it's gonna be the case. If I had chance to study in RWTH or TUM, I'd take it for sure.
@@tobiasrinnert5044 you know, Germany is very famous for its education system: when Soviet union was formed they took German system as basics for Soviet education. And this helped USSR to industrialize quickly and deliver many good scientists and engineers. It would be very sad to see German school of engineering to go away (
A terrible take by Peter is always a good way to start the day :D
Zeihan predicting (wishing) the downfall of Germany/Russia/China for the 976445776th time. 😂
Zionhan, a really arrogant big-nosed american oracle
Thanks Peter, not only are you keeping me up to date on international affairs, I love that you do it from the side of a mountain! ♥️ Power to the people.✌🏼
there are murmers now that chinese consumers may start to boycott german goods. 6 million cars a year plus basf, seimans. etc huge loss.
Hey Peter! As a little neighbor - Austria - to germany, i am really curious: would you maybe one day think of doing a series on small countries? For me (mid 30ies) its really the question at the moment, if it would be a wise choice to leave. As a „high performer“ (im sorry if that sounds arrogant) our payment and tax structure is hard to take, the geopolitical situation seems to get worse, and my company constantly asks me to go to the US for them.
If you ever think of sharing your thoughts on the small european countries,… that would be highly appreciated.
As a hungarian in the same position my dilamma is to leave to Austria😆
Plot twist: The grass truly isn't greener on the other side of the fence.
Maybe start thinking about changing things where you're at.
Austria has the right shoes to dance through the night trust me bro
Always uplifting to listen to Peter. Greetings from Germany
I can't TELL you how much this has unsettled me 😥 I mean, the vast array of problems around the world are mind numbingly unfixable. It never occurred to me to have big worries about relatively strong, stable, and smart modern Germany.
I remember over 5 years ago reading about Germany's over reliance on green energy. I saw a heat map of the entire country and it was low sunlight nearly everywhere. It didn't make sense then and it doesn't make sense now.
Dont Panic, Its not like Germany is going to get sucked into a hole and disappear. Fear is a big part of his marketing. Germany will still be there barring some black swan event, it may just be a little less powerful and not be quite as 'German' as it is now. He bases a lot of his thesis on energy scarcity, and I think in 5 to 10 years this will look very different than it does today.
@@ehlava Also, don't forget that past predictions about a _very soon_ "of of Germany" haven't happened eventually, like as of recently, for example. Regardless, Germany faces big challenges, but still, if you compare it to most other countries, and the problems they have, Germany should do okay in the end, with regard to economics and the standard of living, including security from external factors.
*Some* entity sabotaged their energy supply in the single largest act of eco-terrorism, and also the single largest single man-made carbon release, in civilizational history. The Germans did not CHOOSE to be Western over being modern. NObody would choose that, since the less industrialized a nation is, the weaker and more vulnerable to manipulation and conquest they are. This is preposterous historical revisionism by Zeihan. Not unlike his ridiculous assertions regarding Ed Snowden being a Russian asset and getting a Russian trophy wife. Her name is Lindsey, I believe...and she's an American....who was his girlfriend prior to him doing anything of note 😉. Zeihan is smart and skilled and charismatic. He's also a liar.
its a crafty british conspiracy. all on purpose.
Good thought provoking content and analysis. I don't think he is giving Germany enough credit though for being able to adapt. As the various pressures come to bear, I doubt Germany is going to sit still trying to maintain their old patterns. At some point they will make some sensible more pragmatic moves to secure energy (nuclear perhaps). I think Zeihan nails the trends, I just don't think they will play out in quite so linear a fashion.
Germany closed ALL of their nuclear power plants.😂😂😂
They adepted very well, lignite instead of nuclear. Going backwards instead of forward
They'll adapt all right, backwards
Germanys manufacturer and many many big concerns leaving the country and so do germans themselves (im german too). There is non adaption in any way believe me
@@stoplaughing7363 The long history of Germans emigrating to America 😹.
It is so nice when Americans give morality lessons in terms of foreign politics and trade relationships….I sort this one i comics
Morality vs China and Russia.
You need to understand context and not respond with just your feelings. 😂
I still love it! (Only feeling involved here) other than than I see them all as the same, doing the same, using more or less similar propaganda to justify whatever they are doing…as the USA finds justification for any kind of activities outside of its borders, now when others do the copy-paste of it, it suddenly becomes a problem
@@sasamajstorovic
You can insert that comment into anything about anyone.
It has no context.
Enjoy your bliss.
I had to laugh out loud when he mentioned that part
@@sasamajstorovicthere is no real comparison between a flawed democracy like American, and very oppressive dictatorships like Russia and china.
What gives me hope is that Peter is a story teller. The future is brighter than his stories.
China & Japan practically extinct, Germany doomed, France bright.
That's actually a great comment😁
Um no it isn't the future is not bright at all. How is a future of shrinking population, energy transition, decarbonization, drug epidemic, extreme unpredictable weather, war....bright?
What you didn't talk about is how bad Germany is in terms of IT development. We like to joke that we are a developing country regarding IT, but we really are, so companies that rely on good broadband and strong IT infrastructure, they won't go here.
Und auch hier hilft nur ein bisschen Geduld. Ich habe Glasfaser, der nächste hat es bald!
Also here in Belgium and elsewhere in Europe, our companies are suffering heavily from being cut off on purpose from their eastern energy sources and markets, having to buy fracked gas from US friends and glorious competitors on the Grand Chessboard between Vancouver and Vladivostok, in the aftermath of US Assistant Secretary of State Victoria Nuland's statements about Ukraine in 2024: " We paid 5 billion to put in our boys and we go ahead and f.... the EU ". Thank you, "allies".
CORRIGENDUM: 2014
Good advice, don't trade with authotarian regimes. Instead rely on your friends who blow up your energy pipeline making you their slaves.
He sounds knowledgeable until you listen to what he says.
Though a few facts are correct.
Greetings to Belgium, from where my great grandmother came from!
A very poetic ending, Peter. Enjoyed it.
We lost two World Wars. After WWII, the German industrial base was flattened. Millions of young soldiers were dead, and millions were displaced. We came back twice. We have good friends and neighbors now. We'll be fine.
Indeed, Germany will be saved by ridding ourselves of Marxism, believing in god and 51% AfD !
There is no problem that cannot be fixed as soon as you rid yourself of NATO Marxism, as funded by SOROS.
Did you have garbage politicians trying to stab your country in the back by importing millions of crime bringing "migrants"? Or politicians enslaved to Klaus Schwab and the WEF and their globalist bullshit that comes at the expanse of Germany?
All we need is a change in the political elite.
I hope the average voter might find out how much our elites and media fucked up. so we might end this period of delusion.
I am optimistic aswell.
Socialism is always deadly!
But sometimes I feel our people were considerably less ret*rded back then… and I know considering the 2nd world war this is saying a lot
The thing about Peter is that he is completely apocalyptic. Always
Germany falling from first world status is indd so insane 😂
Except for the USA.
Peter: *sees a candle on the table* "This house will definitely burn down within the next 24 hours, and it'll probably take the entire neighborhood with it. Here are 400 reasons why..."
@@Utokoyeah… USA for him will always be on top. A bit obsessed imo cause he’s so doom and gloom for everything else
Except when it comes to the US. Perpetual Pollyanna
One of Peter Zions biggest mistakes is that he doesn't consider that human beings can change behavior and be flexible. Of course they can. So many of the things Peter forecasts don't come true.
Thank you Peter for your beautifully concise and clear explanations. David.
I think this prediction is far too precise for such a long time frame. Love the scenery and the vlog effort. The information age started in the 70's folks lots have changed.
According to PZ, basically all of the countries are to be doomed. Except USA of course, consultancy contracts with their agencies have optimism clause included.
Still, he has some good insights in his videos.
Aside from a potential civil war in the next decades, America will be fine. I mean, America got excellent geography
Yep. That’s Peter. He like Turkey too. USA and Turkey
The USA has about 3 Saudi Arabia's worth in untapped resources at our disposal, to keep for ourselves if we wish.
So energy independence, natural resources, and east / west coast natural ports make it a global powerhouse.
Our Achilles heal is we just keep voting for dolts and idiots to run the show from D.C.
@@Fantabiscuit Cant wait for the Thanksgiving Video :)
As I recall he likes France, Mexico, and Canada as well
The biggest mistake of Germany: listening to "advisors" like Peter Zeihan. Lol
As a German I 200% agree on this analysis.
Myself, already emigrated on a more sunny place. A sad story, made of naive hybris and moral stupidity.
Hey Peter. Do you ever do videos on your hiking/gear? "Zeihan Outdoors" would be great.
Thanks. Just helped me decide to make my next few purchases from Germany. Took a similar approach during the pandemic to places that were having difficulty.
Very kind of you, what country can I return the favor back to?
Hey Peter, i really like the you are explaining, even if i would love to here the „it‘s all gonna be good“ good night story. To me as a German, 11:02 it is so interesting how the bowl i‘m swimming in is seen from the outside. It‘s better to be confronted with unpleasant point of view, than with a fairy tale. 👍
@mariobroselli3642: My guess as an nonexpert are pretty straight forward: The weak region are mainly located in the East, Former GDR,were young people moved away and the career chances are low. Way more interesting is, how the big groups will handle the changes in product demands in the future. Germans have Not been main inventors in past decades, but they were good at picking interesting innovations and Lifting the product to a well improved
Level. I still am Full of Hope!
Germans are good engineers and i believe they will inovate and come out strong economically. All the best from 🇮🇳 India.
I guess, our time is over, and the Asian century already has begun. And India will be a great part of this new age. Cheers from good old 🇩🇪
The engineers forgot to make children. It's a very simple demografic problem.
this is from the past. No engineers here anymore in Germany. Only Gender specialist and wokeness experts.
@@mirko5707 as you proof, moreso people like you, fighting windmills
Our man of La Mancha
That was very interesting, thank you! Could you make one about Poland as well?
Again combination of good insights and observations coupled with a refusal to see anyone other than the US as competent. The challenges highlighted are real but for all the many mediocre politicians (unlike the US of course!) and other challenges, the Western European countries are generally pretty able to sort their world out. At least you’re acknowledging the last doom and gloom scenario failed to materialise.
Germany hasn't been able and is not able no digitalise, they completely missed the IT boom and all the growth in the last 3 decades went to USA, China, India, just not Germany. Its bureaucracy is the worst, its taxes are the worst, its housing market is terrible. There is an enormous class of people who produce nothing, but need a lot, from permanently unemployed, migrants, overblown government apparatus, and finally the ever-growing senior population, which is HUGE! Therefore the only industry that is booming in Germany is senior care and it says a lot about Germany. Even competent people from Germany often decide to leave for USA and Swiss, because doing business and working in Germany is so unrewarding, all your money will be taken away - you will never be able to afford an apartment/house. In the "industrial country" the government has killed the energy sector - all the old energy-demanding industries will leave, because energy prices are double even of that in France! Where will the money come from for all the social programs and all the welfare and pensions?? Not a single new big business built in Germany since SAP was founded 44 years ago! Socialist-obsessed Germans were so busy redistributing their wealth for Solidarity, that they forgot to create it in the first place. And I didn't even touch the islamisation - Germans have 1 kid when they are 40, muslims have 5 kids by the time they are 28. As Peter rightly noticed all these problems had to be addressed 20-30 years ago, but Germany was led by traitors and german-hating marxists. Germany is over.
Also no word on which beacon of democracy trade partners the Us is involved with.
Exactly. And you can bet your ahh, if things continue the way they are right now and Western Europe enters the stage of survival, things will get serious. Western Europe won’t just vanish quietly. Germany and Europe have weathered so many storms, some heavier than today, and still persisted, this won’t be the last one.
@@ja_uI think a strong Europe is in the USA's interests long term.
Sorry, this is like when average American is talking about a country he thinks that is somewhat near a continent he doesn’t know.
Lmao Europoor cope
Can someone please explain how this man has time to research and gain all this knowledge when he's permanently outdoors hiking mountains?
Starlink
Hell that is like 15 steps from his front door. No different than me walking to 7/11, or having a snowball fight on the beach here in San Diego, since it takes about an hour to go from my mountain hike spot to the beach.
He has an entire team that helps him to collect and aggregate data.
@@donaldwantz4071 Yeah, it's called the CIA.
Peter has been studying and providing consulting services for decades but it was only after the Ukraine war broke out that the world sat up and realised how right he had been about so many things.
Doesn’t Germany mainly fund the EU. So what will happen to the EU,if Germany is no longer the biggest European financial power.
The French will try to milk the Dutch and the Swedes even more.
People like Orban, Kazcinsky, Babis and other populists who are fearmongering against EU and yet are heavily dependend on EU subsidies and grants will be fked into oblivion.
The collapse of the EU is round the corner.
they will keep being the biggest economic power in the eu
Just came back from Germany. Beautiful country(except Berlin), absolutely lovely and friendly people, I hope they can find a way to bounce back from what seems to be coming.
Except Berlin? Berlin is great.
why Berlin? too many migrants?
probably because it's a commie cesspool with migrants and people smoking crack on the streets @@jaybird2148
@@markkuussyeah too many Muslims and hippies. Nobody in germany likes Berlin. Even frankfurters say they don't like berliners
The German energy supply (especially with electricity) is considerably more complex than shown here. The entire EU is now one market when it comes to electricity. The supplying countries have a completely different energy mix than Germany (France supplies a lot of base load with nuclear power plants and Austria supplies peak electricity with their pumped storage plants). In my opinion, the Cassandra calls are completely exaggerated.
Completely agree. This is such an oversimplification that it is not worth commenting. Energy consumption in EU is shifting in two very positive directions - reduced consumption for the same production, heat, light, and democratization/decentralization. Look at Denmark and Greece, both have made massive leaps in "green energy" despite completely different geographic, cultural, and economic environments. It is just a matter of market incentives and Germany is at the core of this shift.
Whatever happens, it will all be discussed fervently and very neatly documented by Germany's army of bureaucrats
Peter said there would be no iPhone 14… Then he said there would be no iPhone 15…
When "the rubber hits the road" the Germans may choose nuclear energy. Because of the stark necessity to confront green orthodoxy, Germany may lead the way back to energy sanity for the rest of the world, particularly the first world. That would be a role that would preserve Germany's place among advanced nations.
The sanity clause is coming to town
Yes, but you have to consider the average time it takes to build a nuclear reactor of 5-10 years. You don't just snap your fingers.
This is such a good news. I thought we all will die this year. Now we have 20-30 years!!!
“Back in my day, geopolitical strategists had to walk to work up mountains both ways.”
I have been amazed at how gullible and self-destructive German politicians have been ever since I came here a few years ago. If that ignorance of the actual world isn't addressed, this economic problem might end up being a part of us for a very long time. Inflation currently at about 9%, my primary concern now is how to maximize my savings/retirement fund of about $400k which has been sitting duck since forever with zero to no gains.
You are spot on! I'd advice you read up some good books on investing, or just you get yourself a financiaI-advsor that can provide you with entry and exit points on the shares/ETF you focus on.
I completely agree, this is why I decided to give a coach control over my everyday investing decisions. Their proficiency in research, specific knowledge, and risk management makes it difficult for them to deliver below expectations. They emphasize minimizing drawbacks while maximizing risk's asymmetrical potential. I have more than two years of investing coach experience, and I have made more than a quarter of a million dollars.
@josephbush My collection has been underperforming recently, and I'm considering a strategy change with the help of a coach. Is it possible to get in touch with your coach?
@josephbush Thanks a lot for sharing, just looked her up and I'm super impressed with her credentials. I will be writing her shortly
Don’t believe a word these bots say. They do this is almost every video. This entire thread is made by bots
Brutal. Can you do Australia next please?
You always have a nice hat et a beautiful decor for your presentations, Peter !
I wouldn’t give up on the Germans just yet, Peter. As my mother said of her German father:”He was a Dutchman.” That didn’t mean he was from Holland. It meant he was a stubborn and pig headed German. The flip side of that national character is determination and persistence.
I remember seeing how desperate things seemed to be for Germany last winter. Two issues: keeping people warm, and energy for manufacturing. Your 'morals' might stop you from using Russian gas for the latter, but not the former or there'll be a revolt. I don't know why Germany don't just say "to hell with it, our country is sinking, we're not risking that, we're buying Russian gas again and screw the expectation that we're not allowed because sLaVa UkRaiNe."
Which country could possibly hold such swap over Germany that they're afraid to risk revolt and their entire manufacturing base? There's your real question, Peter. Clue: same country and who blew up the Nordstream pipeline (Sweden knows but won't say, again, hmmmm who could it be??!) and the one currently making a mint selling them LNG.
Germany breaking out of the stranglehold of the US is the issue. Not the claptrap Peter spouted about China being a dictatorial 'warmongering' (lmao, pot / kettle) country.
Dutch, Deutsch, what's the difference ? OK, just kidding
at least you tried.
@@carlos777uk
@@carlos777uk Carlos, we don't revolt. And there are things that are more important than money. We can be grumpy people but we are overall not cynical. And when I look back I think all our governments tried to do what is best for the country. Letting a revionist russia on rampage our neighbourhood for a growth of a 2 percent for a couple of years? I don't think that's a good deal in the long run. Do you?
Thank god, the americans are with us! If they weren't we'd be in big trouble! Because we trusted the russians, which was a mistake that will not be made again.
@@carlos777uk its germanys current lack of understanding of how desperate the situation is now that makes people wonder if they can recover. last winter with a loss of most of their energy sources the lack of ng mostly. and the prospect of freezing in the winter. the germans still decided to shut down the rest of their nuclear power plants. i know it only produced 13% of their electricity but its 13 % they needed to help survive and they still shut them down. so when you say the hell with your morals and start using russian ng again it seems like your not seeing the big picture. you have options you keep stopping from helping your situation because of so called morals but then you say to hell with morals when it comes to russia. unless i see germany restart the few nuclear power plants up to help their situation even alittle then i wont believe the german people are serious about actualy facing the reality they are currently in.
The Brits and the Dutch both still exist as cultures, and as ethnicities, as nations. They were once the top empires and quite frankly seem to be doing well in their retirement from colonialism. Is something more extreme happening with China and Germany and Russia?
Russia, unlike UK or Netherlands, and just like Germany after WWI, seems to be full of resentment about the collapse of the USSR, and incapable to adjust to its role as a regional power instead of acting like an empire. So their people get what they get. IDK enough about China or Germany.
America's autocratic adversaries try to say the same thing about the US... while they wait for the day they can get in line at the American consulate to interview for a US visa 😂
>>The Brits and the Dutch both still exist as cultures, and as ethnicities, as nations.
@@freezerlunik Russia was never allowed to integrate into Europe. there was no Marshall Plan after the cold war like Western Europe had, even though Russia was begging for one. Jeffrey Sachs was in the US government in the 90s and advocated for one, listen to his views on this. Instead NATO decided to break all promises and surround Moscow with military and nuclear assets. So many lies spewed by politicians and military complex. They claim that Russia is so powerful it will march all the way to Portugal if not contained (we all know this is bs and even if it was their intention they are not powerful or rich enough) , but they also claim they are weak and pathetic on the other hand.
Dude, whole evenings in German TV are full of Schlager and bad carneval jokes and if this doesnt come, it is time for football. I'm pretty sure, German culture is not at risk. I love Döner btw. One of the best parts of German culture, especially after a long night out (another part of German culture)