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Economy Germany went from envy of the world to the worst-performing major developed economy.
- Thread starter LeonardoBjj
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German civilian deaths were actually fairly low. They were the ones doing the destruction onto other countries. The countries that got invaded by the aggressors were the ones that got it bad.
Man, that doesn't look fairly low. It looks like the 3rd highest of any WW2 country and highest in Europe other than Russia. Am I reading this wrong?
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They will be fine. They are a manufacturing and technology powerhouse, the biggest in Europe. They are just having a downturn. Look at all the global brands that are from Germany and the products they make and then see if you can find any other European nation that is comparable.
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Trump and his fans are laughed at cause their imbeciles
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Maybe you can explain?
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germany's biggest problem is that their spirit is crushed.
economic production is irrelevant if you're stuck as a people.
economic production is irrelevant if you're stuck as a people.
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so go woke, go broke is real
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That's the German name for a man who sits down and pisses. It's promoted all over Germany as beneficial for health.
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Yea so true on a huge level
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Looks like you need to reassess your bigoted views of your fellow posters
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You get what you vote for. The leftist Merkel wouldn’t even acknowledge Trump and that vile wretch and his sidekick commie now running the country into the ground will give their sheep what they want. Germany has a larger proportion of demoralized Yuri bots than the US. Put a fork in this country, they are done.
I imagine the billions needed to fix these dire issues will go to Ukraine and social issues to make the death spiral even faster.
I imagine the billions needed to fix these dire issues will go to Ukraine and social issues to make the death spiral even faster.
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Now, clean energy projects are slowed by extensive bureaucracy and not-in-my-backyard resistance. Spacing limits from homes keep annual construction of wind turbines in single digits in the southern Bavarian region.
A 10 billion-euro ($10.68 billion) electrical line bringing wind power from the breezier north to industry in the south has faced costly delays from political resistance to unsightly above-ground towers. Burying the line means completion in 2028 instead of 2022.
Massive clean energy subsidies that the Biden administration is offering to companies investing in the U.S. have evoked envy and alarm that Germany is being left behind.
“We’re seeing a worldwide competition by national governments for the most attractive future technologies — attractive meaning the most profitable, the ones that strengthen growth,” Kullmann said.
He cited Evonik’s decision to build a $220 million production facility for lipids — key ingredients in COVID-19 vaccines — in Lafayette, Indiana. Rapid approvals and up to $150 million in U.S. subsidies made a difference after German officials evinced little interest, he said.
“I'd like to see a little more of that pragmatism ... in Brussels and Berlin,” Kullmann said.
In the meantime, energy-intensive companies are looking to cope with the price shock.
Drewsen Spezialpapiere, which makes passport and stamp paper as well as paper straws that don't de-fizz soft drinks, bought three wind turbines near its mill in northern Germany to cover about a quarter of its external electricity demand as it moves away from natural gas.
Specialty glass company Schott AG, which makes products ranging from stovetops to vaccine bottles to the 39-meter (128-foot) mirror for the Extremely Large Telescope astronomical observatory in Chile, has experimented with substituting emissions-free hydrogen for gas at the plant where it produces glass in tanks as hot as 1,700 degrees Celsius.
It worked — but only on a small scale, with hydrogen supplied by truck. Mass quantities of hydrogen produced with renewable electricity and delivered by pipeline would be needed and don't exist yet.
Scholz has called for the energy transition to take on the “Germany tempo,” the same urgency used to set up four floating natural gas terminals in months to replace lost Russian gas. The liquefied natural gas that comes to the terminals by ship from the U.S., Qatar and elsewhere is much more expensive than Russian pipeline supplies, but the effort showed what Germany can do when it has to.
However, squabbling among the coalition government over the energy price cap and a law barring new gas furnaces has exasperated business leaders.
Evonik's Kullmann dismissed a recent package of government proposals, including tax breaks for investment and a law aimed at reducing bureaucracy, as “a Band-Aid.”
Germany grew complacent during a “golden decade” of economic growth in 2010-2020 based on reforms under Chancellor Gerhard Schroeder in 2003-2005 that lowered labor costs and increased competitiveness, says Holger Schmieding, chief economist at Berenberg bank.
“The perception of Germany's underlying strength may also have contributed to the misguided decisions to exit nuclear energy, ban fracking for natural gas and bet on ample natural gas supplies from Russia,” he said. “Germany is paying the price for its energy policies.”
Schmieding, who once dubbed Germany “the sick man of Europe” in an influential 1998 analysis, thinks that label would be overdone today, considering its low unemployment and strong government finances. That gives Germany room to act — but also lowers the pressure to make changes.
The most important immediate step, Schmieding said, would be to end uncertainty over energy prices, through a price cap to help not just large companies, but smaller ones as well.
Whatever policies are chosen, “it would already be a great help if the government could agree on them fast so that companies know what they are up to and can plan accordingly instead of delaying investment decisions," he said.
https://abcnews.go.com/Internationa...omy-struggles-energy-shock-exposing-103300207
Came here hoping for pics of busty German women in Oktoberfest costumes. Am not disappoint
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People don't realise how important it is for totalitarianism to succeed, to emasculate the male population. The less men capable of standing up and refusing, the easier it is to steamroll the population into total submission.
Hence why many countries are very worried about the gay and trans shit being shoved down our throats and infiltrating primary schools...
It is all an orchestrated assault.
Germany is not No1 in europe....not even No5 th.
While their production potential and IQ is very high.
The size of their economy might induce false sense that they are more poweful than Norway, Netherlands, Poland, France etc.
It isn't reality at all.
It isn't even No5 in Europe.
BTW local coal bad was first nail in coffin.
The Angela Merkel years are not looking so good now for Germany.
As the article mentions high energy costs due to expensive green policies is causing German businesses to leave the country.
I believe we see similar here in the US with Democrat run California and New York as examples. People and companies there are leaving the energy expensive blue states in droves. Some are predicting that California will lose 4 congressional seats due to so many people leaving. They are making the quality of life worse for many Americans.
Lots of article on this, one from last week.
Gavin Newsom’s war on affordable energy
https://www.washingtonexaminer.com/opinion/editorials/gavin-newsoms-war-on-affordable-energy
As the article mentions high energy costs due to expensive green policies is causing German businesses to leave the country.
I believe we see similar here in the US with Democrat run California and New York as examples. People and companies there are leaving the energy expensive blue states in droves. Some are predicting that California will lose 4 congressional seats due to so many people leaving. They are making the quality of life worse for many Americans.
Lots of article on this, one from last week.
Gavin Newsom’s war on affordable energy
https://www.washingtonexaminer.com/opinion/editorials/gavin-newsoms-war-on-affordable-energy
Gerhard was first nail in coffin.
Germany is not even above Denmark in reality. Is not and for a reson.
Imagine for example sanctions war between Denmark and Germany.
Germany mainly is connected via Nordic Route by using Denmark as proxy to get internet connections and natural gas & crude oil and diesel etc supplies plus holy eletricity.....
Next Nordic route is from Finland and Poland [ poor ppl etc ].
Then....bad Micron in France.
Nasty Netherlands with Co....
Germany mainly is connected via Nordic Route by using Denmark as proxy to get internet connections and natural gas & crude oil and diesel etc supplies plus holy eletricity.....
Next Nordic route is from Finland and Poland [ poor ppl etc ].
Then....bad Micron in France.
Nasty Netherlands with Co....
