The End of the German Economic Miracle | Wolfgang Münchau

[@t5kcannon1]

A very interesting interview. I'm going to buy Wolfgang Münchau's book.

[@lewreed1871]

This was great up to the point where your guest couldn't bring himself to state that the US blew up the Nord Stream. It's long past time Europe recognised the weight of its standing with the US, which might be on a par with helium.

[@TheRedland284]

@@roddeazevedoWith Russia has you have prosperity, but with Yankees you have endless refugees and economic crisis.

[@lewreed1871]

@@roddeazevedo Russia is Europe's natural ally. The US has done everything possible to thwart Europe as well as Russia and to ensure no relationship developed there. The US got to work on that in the 1990s. The Ukraine conflict is just the culmination of thirty years of US policy.

[@Okiejayjay]

I was just about to write the same thing. He not only not discussed alternative theories but he tries to even discount possible Ukrainian government involvement. He discloses through this that he is pushing a narrative for other power interests.

[@aleaiactaest8354]

Ofcourse, but dificult for a connected journalist to do that. He would probably be ostracized.

[@xas22]

​@@lewreed1871😂 Natural ally?! Tell that to the Balts, Poles and Ukrainians

[@MrHansBattle]

great conversation, really appreciate it, thanks guys

[@chaimnisan2841]

Thank you for this elucidating presentation Wolfgang!

[@stanminna1761]

Invaluable guest

[@davechapman6609]

Several years ago, I talked to Sebastian and Christian, who ran the famous Stanford Robot Car Team. Both of them said that they would never have been able to build a self-driving car if they had stayed in Germany: They had to come to California to be taken seriously. Ironically, they both said that Volkswagen was willing to give them money (and an SUV) because VW wanted to support a couple of German guys in Silicon Valley, and that there was NO WAY they would have been funded if they were still in Europe.

[@yexela]

Well, most if not all German export products are now being replaced by Chinese products. Here in Russia we no longer have new German cars - they all are replaced by Chineese cars.

[@uus292]

Congratulations. You will have to learn Xi quotations as the price.

[@yexela]

@uus292 what?

[@Rai-Bulgaria]

@@yexela Just ignore his nonsense.

[@yexela]

We'll see soon, maybe another 5-10 years from now

[@murkhuddindalal]

yup, now the Katholick empire changed its headquarters from europe to china

[@yosifmetodiev3834]

If someone would have thought that people in Asia can also make machines... There goes your "unique" economic model.

[@merrick6484]

Western World only consist 15~20% of world population, and their native white skins are about to become minority in their own countries. China/ Far East historically has always been strong in technology, population and economy power. Although there were up and downs, but they are always strong and powerful. If you think 1.4 billion Chinese, with rest of Far East Asians are always going to stay down, then the White Skins must be arrogan and blind.

[@EdwardZambrano]

Great conversation

[@Slavik6769]

Consensus - this is exactly what describes German weaknesses

[@PT5684]

Very good insight into Germany mindset

[@drscopeify]

One more note, Germany has much of its capital locked away in large corporation like VW and Bosch but these large companies growth is limited, the weakening of large companies in Germany will release CAPITAL and manpower to innovate. Large old companies stifle innovation they choke the capital market, they choke the population by offering easy path in life. People will take the easiest path, you need pain for gain. The USA suffered badly in 1970s-80s was massive de-industrialization only to emerge with capital diverted to the booming tech industry and media and finance in the 1990s and until today. Germany has to transition, VW weakening is GOOD for Germany in the long run. People from around the glove are NOT buying German stocks and assets and investing in Germany because it lacks the higher growth young companies and innovators which are LOCKED AWAY in the large companies in Germany. Weakening the large German companies is the best thing that can happen to Germany for the long term.

[@robertseaborne5758]

This is what can happen when you get duped by a whippersnapper US empire. 😢

[@mr.mcginnis8928]

Why is the government controlling what technologies companies are developing?

[@TheIntelligentVehicle]

Don't know how often others have commented on this, but I find the incessant "voice waveform" animation at the bottom of the screen abominable on youtube podcasts like this. Sometimes I just like to put the CCs on, but trying to read those with those lines bouncing up an down right behind the captions is a nauseating experience. Just an FYI

[@arneundluna]

How about just moving the subtitles anywhere else in the video and not above the waveform?

[@robertYoutub]

As German I can only full agree to everything said. Just adding that German Zeis invented the computer. His company was later bought by Siemens and named Zeis-Nixdorf but never founded enough to grow.

[@shrek22]

Germany sounds like a nightmare.

[@Okiejayjay]

How do you come to that ridiculous conclusion? Compared to almost all other economies or countries it’s still one of the very few best.

[@MisterPyOne]

​@@Okiejayjayyeah but it feels like it can and will decline a lot. As a pretty young German, it seemed like since at least 10 years ago things just got worse and worse

[@jamese4003]

@@MisterPyOne find a country where that is different, UK?, France?, Canada? It crashing in all of the west and until a radically different type of political leadership develops it will continue.

[@hegron5065]

@@MisterPyOne I can tell you, germany was 10 years ago like today ... maybe that's the problem.^^

[@herpaderppa3297]

@@MisterPyOne Kohl + 16 Jahre Merkel = Der Tod

[@robertprawendowski2850]

⭐️

[@nancyparker9137]

I would say rigid mindset, rigid system and problems with education among other things....

[@ThomasBoyd-r6k]

Who did German Thomas.

[@diegomargozzini8668]

Finally, energy theme minute 32. So politics fucked up germany. Funny how similar to the 30s, an alliance between russia and germany....

[@JustDucky-d9k]

Why is Germany still in the EU?

[@Guangrui]

German cars still sell well in China, for the moment

[@Ken129100]

Are you sure?

[@Guangrui]

@Ken129100 said upstairs, for the moment, could be different next month

[@hegron5065]

@@Ken129100 German cars still have 15 - 16 % market share. It's not nothing, but it is in decline.

[@Ken129100]

@ in rapid decline man

[@bellakrinkle9381]

The US has always been jealous of German's auto industry. Are they now wrecking it?

[@KennethJohnson-i2o]

Great content, as always! I have a quick question: I have a SafePal wallet with USDT, and I have the seed phrase. (alarm fetch churn bridge exercise tape speak race clerk couch crater letter). How should I go about transferring them to Binance?

[@Wolf-hh4rv]

Only the AFD can save Germany.

[@hicrhodushicsalta6648]

Jaja, Abgrund, Blackout uns so

[@gaseousclay6126]

You didn’t mention the worldwide boycott against germany for supporting war on palestine

[@RS-tn4fs]

Hidden Forces is a copycat of Sam Harriss podcasts. Wolfgang Münchau has no idea what he is talking about. I am surprised why people like him write books.

[@diegomargozzini8668]

And minute 41, climate change appears...as a fact and asume it will go in a determined way. Germanys problem is treating this theme as a religion.

[@Alexey-e5b]

EU "is in tatters 🤡 tatters I say"

[@diegomargozzini8668]

Half the way through and energy costs and enviromental regulations have not come out....all he is talking about is peanuts

[@ThomasBoyd-r6k]

Is AFD party no Wolfgang Munchau super rich Thomas. You made him joke politically Thomas.

[@sabmeier9265]

Germany will have huge problems from demograhic decline and therefore less entrepreneurship in the future. Average age is beyond 45 years, which will not advance the economy but only keep the state of art. Germany needs to cut public social expenses and transition the country into a future with high prices and less wealth. Politician are not brave enough to make the necessary cuts now and encourage foreign investments here. Considering 20 millions of boomer retirees more until 2030, which will collapse the existing systems.

[@Nikhil-ty3rk]

😂 Cheap money from us Marshall plan, natural resources from Russia & large market in China, can be hardly a miracle! Of course but to clueless journos.

[@niilespunkari8832]

and defense paid by NATO

[@vijaykumarnadaraja2407]

But Germany will recover.

[@diegomargozzini8668]

If germany abandons all the climate change nonsense

[@OmNamahShivaaya]

Have you seen the steep prices and terrible quality of modern German cars. Plastic looks, high maintenance, low tech. Go look up youtube reviews

[@VladVel-xr5um]

True, prices have increased and luxury feel interiors have gone away replaced by cheap squeaky plastic. I’m still driving my 2009 diesel powered Mercedes and not even thinking about replacing it.