Germany's Economic Crisis and Transition 2024 : Economics Explained

Economics Explained
Germany's Economic Crossroads: Crisis and Transition
Germany's Economic Crisis and Transition 2024 : Economics Explained
In this thought-provoking video, we delve into Germany's unexpected economic crisis and the intriguing possibility of transitioning from a manufacturing to a service-based economy. Join us as we analyze the factors contributing to this shift and explore the potential implications for Germany and the global economy. Don't miss out on this insightful discussion - like and share this video to spread awareness and knowledge! #GermanyEconomicCrisis #ServiceEconomy
#ManufacturingShift #GlobalEconomy
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OUTLINE:
00:00:00
The Genesis of Crisis
00:02:08
The Energy Dilemma
00:04:42
A Potential Paradigm Shift
00:07:00
The Challenges of Transition
00:09:17
Navigating the Crossroads
00:00 The Genesis of Crisis
00:02:08 The Energy Dilemma
00:04:42 A Potential Paradigm Shift
00:07:00 The Challenges of Transition
00:09:17 Navigating the Crossroads

[@vincentpickering6568]

Currently Olaf Scholz's coalition government can only agree on one thing, keeping the AFD out. Otherwise i doubt that this fragile coalition is up to agreeing the right decisions to forge a successful future for Germany.

[@SARodriguez-kw7wl]

So it doesn't compete with them.

[@thx1138sixnine]

German policy choices are responsible for the exogenous energy cost shock that has abruptly de-industrialized a manufacturing export giant. Regardless of position on Ukraine war German policy has been incoherent and self destructive: 1) Germany told India to stop buying energy fossil from Russia while the EU was still buying fossil fuels from Russia 2) Germany joined an economic war against Russia without devising a viable plan to transition their economy to a cost competitive replacement energy supply < For example Germany refused delivery of natural gas from Nord Stream 2, allowed the US to blow up the pipelines & failed to demand compensation for direct and consequential damages from the US destruction of international infrastructure > Civic unrest shutting their capital and rise of AFD … so far the German government has no viable plan to de-escalate national unrest

[@dagmarvandoren9364]

In germany. WASHINGTON rules... ..

[@thx1138sixnine]

Germany claims to make carbon footprint reduction a national priority but in actuality they have reopened coal mining to replace natural gas???

[@yukelalexandre8885]

Yeah that’s a DUMB AF. They didn’t fully grasp Nuclear when it became a FAKE PROBLEM and now they STUPIDLY don’t wanna lose face!

[@thx1138sixnine]

Germany seems poised to follow France’s protectionist policy of blocking low cost higher quality Chinese electric cars. This prices EVs out of reach for consumers already burdened by cost of living crisis. A real Green Party would welcome the carbon footprint reduction and focus on renewable energy sources. Maybe reopening nuclear or at least invest in Thorium reactor technology as a bridge to 100% renewables