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Germany’s economy Is Unraveling

Posted on 12/16/24 at 9:22 am
Posted by thebigmuffaletta
Member since Aug 2017
15431 posts
Posted on 12/16/24 at 9:22 am
Yahoo

Germany is reaching a point of no return. Business leaders know it, the people in the country feel it, but politicians haven’t come up with answers.

That has set Europe’s largest economy on a path of decline that threatens to become irreversible.

Following five years of stagnation, Germany’s economy is now 5% smaller than it would have been if the pre-pandemic growth trend had been maintained.

More worryingly, Bloomberg Economics estimates that the bulk of the shortfall will be tough to recover, due to structural blows such as the loss of cheap Russian energy and Volkswagen AG and Mercedes-Benz Group AG struggling to keep pace with China’s auto firms. The decline in national competitiveness means every household is worse off by about €2,500 ($2,600) a year.

“Germany doesn’t collapse overnight. That’s what makes this scenario so absolutely gut-wrenchingly terrifying,” said Amy Webb, founder and chief executive officer of Future Today Institute, which advises German companies on strategy. “It is a very slow, very protracted decline. Not of a company, not of a city, but of the entire country and Europe gets dragged down with it.”

What that looks like is Germany losing more of its energy-intensive manufacturing and exports sliding as unsettled companies rein in domestic investment. As living standards erode, voters cast around for someone to blame, and the social tensions drive away the foreign talent the country desperately needs. The toxic cocktail of caution and resentment would then ripple out across Europe.
Posted by GumboPot
Member since Mar 2009
138911 posts
Posted on 12/16/24 at 9:24 am to
They should install more solar panels and wind mills. That will help.
Posted by Jack Ruby
Member since Apr 2014
26429 posts
Posted on 12/16/24 at 9:25 am to
British Empire been taking out their biggest competition over 100 yrs now, in more ways than just physical war.
Posted by mikesliveisacheater
Member since Nov 2009
1336 posts
Posted on 12/16/24 at 9:26 am to
quote:

What that looks like is Germany losing more of its energy-intensive manufacturing


Maybe they shouldn't have done away with nuclear power without a valid alternative to replace it. Seems self inflicted.
Posted by John Barron
The Mar-a-Lago Club
Member since Sep 2024
17101 posts
Posted on 12/16/24 at 9:29 am to
Biden and Victoria Nuland blowing up Nordstream pipeline turned out to be brilliant long term thinking Now China will become even stronger and Russia will be supplying their future energy needs now that Germany industry is collapsing
Posted by foosball
Member since Nov 2021
2293 posts
Posted on 12/16/24 at 9:30 am to
quote:

social tensions drive away the foreign talent the country desperately needs


Yeah, they need even more 3rd world “refugees”

Posted by SloaneRanger
Upper Hurstville
Member since Jan 2014
12648 posts
Posted on 12/16/24 at 9:32 am to
Their problems are of their own making, and are easily solved. But many will be unhappy. Two main solutions: (1) mass deportation of the Muslim invaders, and (2) abandon the green movement BS asap.
Posted by Lightning
Texas
Member since May 2014
3118 posts
Posted on 12/16/24 at 9:32 am to
They were adamant that they had to let every 3rd world refugee into their country in order to save their economy because Germans weren’t having enough babies.

I am shocked that is not working out for them.
Posted by imjustafatkid
Alabama
Member since Dec 2011
62566 posts
Posted on 12/16/24 at 9:40 am to
Mass, unfettered, illegal immigration destroys nations.

Pretty simple really.
Posted by RogerTheShrubber
Juneau, AK
Member since Jan 2009
295457 posts
Posted on 12/16/24 at 9:42 am to
Selfish white people who stopped breeding are the real issue.

Posted by SirWinston
PNW
Member since Jul 2014
100578 posts
Posted on 12/16/24 at 9:42 am to
Heckin based
Posted by Lima Whiskey
Member since Apr 2013
22594 posts
Posted on 12/16/24 at 9:43 am to
No

This was revenge for WW2 and the Nazis
This post was edited on 12/16/24 at 9:45 am
Posted by jizzle6609
Houston
Member since Jul 2009
17476 posts
Posted on 12/16/24 at 9:43 am to
quote:


Yahoo

Germany is reaching a point of no return. Business leaders know it, the people in the country feel it, but politicians haven’t come up with answers.

That has set Europe’s largest economy on a path of decline that threatens to become irreversible.

Following five years of stagnation, Germany’s economy is now 5% smaller than it would have been if the pre-pandemic growth trend had been maintained.

More worryingly, Bloomberg Economics estimates that the bulk of the shortfall will be tough to recover, due to structural blows such as the loss of cheap Russian energy and Volkswagen AG and Mercedes-Benz Group AG struggling to keep pace with China’s auto firms. The decline in national competitiveness means every household is worse off by about €2,500 ($2,600) a year.

“Germany doesn’t collapse overnight. That’s what makes this scenario so absolutely gut-wrenchingly terrifying,” said Amy Webb, founder and chief executive officer of Future Today Institute, which advises German companies on strategy. “It is a very slow, very protracted decline. Not of a company, not of a city, but of the entire country and Europe gets dragged down with it.”

What that looks like is Germany losing more of its energy-intensive manufacturing and exports sliding as unsettled companies rein in domestic investment. As living standards erode, voters cast around for someone to blame, and the social tensions drive away the foreign talent the country desperately needs. The toxic cocktail of caution and resentment would then ripple out across Europ



More immigration will surely fix this.
Posted by Proximo
Member since Aug 2011
21990 posts
Posted on 12/16/24 at 9:44 am to
Top tier meme
Posted by blueboy
Member since Apr 2006
62912 posts
Posted on 12/16/24 at 9:44 am to
quote:

the foreign talent the country desperately needs
quote:

by Jana Randow
Posted by Tantal
Member since Sep 2012
19041 posts
Posted on 12/16/24 at 9:44 am to
quote:

Two main solutions: (1) mass deportation of the Muslim invaders, and (2) abandon the green movement BS asap.

It's bigger than that. They're in severe demographic decline. Even if they started having babies now, it's 20 years before those babies can even be low-skilled workers, then another 20 before they're highly skilled workers. If they want to solve their demographic woes through immigration, it needs to be from Eastern Europe instead of the Middle East and Africa though.
Posted by LSUbest
Coastal Plain
Member since Aug 2007
15004 posts
Posted on 12/16/24 at 9:44 am to
So going green and taking in the worlds impoverished masses isn't good?

Posted by SloaneRanger
Upper Hurstville
Member since Jan 2014
12648 posts
Posted on 12/16/24 at 9:47 am to
quote:

solve their demographic woes


This problem is greatly exaggerated. We don’t need constant population growth. A unified culture is much more important.
Posted by I20goon
about 7mi down a dirt road
Member since Aug 2013
19039 posts
Posted on 12/16/24 at 9:47 am to
quote:


Their problems are of their own making, and are easily solved. But many will be unhappy. Two main solutions: (1) mass deportation of the Muslim invaders, and (2) abandon the green movement BS asap.
yup.

One of their greatest assets was the productivity of their labor force; but with their alien social justice experiment it's just average now.

They've always had an energy problem, the green BS has exacerbated it to the near-point of no return.

What happens when the food supply hits the cliff and the EU is unable to supplement them because of the green initiatives in other countries.

Diversity doesn't keep factories running, heat your home, or fill your belly. It does NOTHING other than feed egos, which while low in carbs also has zero protein.
This post was edited on 12/16/24 at 9:50 am
Posted by John Barron
The Mar-a-Lago Club
Member since Sep 2024
17101 posts
Posted on 12/16/24 at 9:50 am to
quote:

They're in severe demographic decline. 


This is not a issue. Do you realize the number of people that are going to lose jobs in the next 10 years because of AI? There is actually going to be way to many people than needed on this earth. They will probably release another engineered coronavirus that is 10x stronger to take out billions instead of millions next time
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