Massive layoffs signal deepening crisis in German industry | DW Business

[@rebym]

Germany is in such bad shape that they can't even afford to buy a real microphone!

[@TheTwangKings]

Russia is in such a bad shape, you can't even buy butter and potatoes anymore, my dear friend Ivanushka. Get ready for more sewer fountains this winter.

[@noize2sound]

This DW news has been worried about Indians worshipping idols & calling us fascists from past 10 years. This channel promotes radical lslam in my country so they can tame us.

[@DagNeb_It]

In America, I just found an alligator in my tub.

[@stevendefehr4393]

😅

[@stevendefehr4393]

Lord guide Germany

[@franksoul]

In a nutshell: Germany’s economic model based on cheap/stable energy from Russia and massive exports to China is kaput and will never return. No way that high skilled tech workers will move to Germany. Taxes are insane and language is awful and let’s be honest foreigners are tolerated not really celebrated in Germany. This country will undergo massive changes in the next 5-10yrs and will for sure downgrade economically.

[@bramposthumus9300]

Russia has proven to be eminently replaceable. Do keep up.

[@chandrashekher7225]

Very true..

[@franksoul]

@@bramposthumus9300 do explain

[@paulc6766]

@@franksoul Try reading a bit more than social media.

[@franksoul]

😂

[@theministryofdecolonizatio6480]

This what happens when the country is ruled by puppets.

[@Western_Decline]

Annalena Baerbock serves US interests

[@movingshapes]

No! That is what happens when the whole country is slow and lazy!

[@andrewlim7751]

Germany is full of American patriots serving the interest of u.s.

[@BrunoHeggli-zp3nl]

You mean near record Low unimployment rate?

[@evaluateanalysis7974]

@@Western_Decline "Annalena.." How?

[@krisztianlun3463]

authentic German internet connection

[@tysongarcia4170]

First thing I thought 🤣🤣

[@goldencoast8896]

Is it that bad?? I'm asking because I've never been to Germany

[@krisvalenti4141]

@@goldencoast8896 Better than usual.

[@christophermoon1291]

More copper lines lol

[@MetallicReg]

Nope this is a top 10% connection. Since in most cases it would cut away each minute.

[@neilshinde8641]

4 years working in the IT industry, on the brink of finishing my master's and my German level in B1, I've applied to over 200+ jobs in the last 1 month, with a tailored cover letter for EVERY position, and I got one interview. ONE.

[@aleermathiang7124]

Sad. I wish you all the best for sure.

[@preethikshetty7992]

Parath ye bhava India masth aahe

[@MrSlim325]

Its hard to believe, you are not good enough or you are just exagerrating

[@jonitan76]

you re competing with Indian IT guys... that cost less to hire and smarter... lol

[@CA999]

Emigrate. Try Russia! They have special visa programs.

[@haoli5779]

This is what happens when to place politics ahead of economics. DW, you did it!

[@jasonmugridge]

The BBC did the same if not worse in the UK.

[@gx4548]

@@jasonmugridge that is exactly why the UK is in deep shxt as well, if not deeper.

[@jimmytimmy3680]

They thought Russia would collapse.😂😂😂

[@KiwisDownUnder]

@@jimmytimmy3680 ...and you think it might not? 🤡🤡🤡

[@Grimeyhoob]

⁠I pray 🙏🏻 to Lord Donnie Drump and also to Lawd Nigel Garage and Lord Vledemer Poutine. I am a teddi 🍺 🐻 bear. Mister Pover Pover, mister balloon 🎈 tasting

[@TommyV8898]

Funny how you need to increase productivity to increase wages, but the bonuses of managers keep rising.

[@allykhan8594]

Executives aggregate pay €2 billion. Workers salary €37 billion. VW debt €190 Billion. You think cut in €2 billion will save the company? 2024 €320 billion total sales profit margin before tax 5.6%. Waste of time bust the company before it bust the banks.

[@zhengyiyue9223]

@@allykhan8594 Germany companies are done lol. out innovated and out competed. maybe Indians will buy a lot to save german cars for another 5-10 years. but after that its done done

[@TheTwangKings]

hello Ivan. How's the inflation going in russia? The people are getting skinnier while piewtin is getting fatter.

[@allykhan8594]

@@zhengyiyue9223 maybe! India buying them up is perhaps an interesting angle.

[@holdmybeer123]

​@@allykhan8594 damn straight facts! All this talk and CEO bonuses when they are a minute fraction in the grand scheme of things.

[@ogrizekogrizek2214]

The Germany economy is colapsing ...and they keep on talking about Green economy.

[@YSKWatch]

what is green economy, btw?

[@christiangraff4754]

@@YSKWatch A decarbonized industry and economy that reduces environmental risks based on renewable energy, efficiency and sustainable production, sustainable agriculture, energy efficient buildings, recycling, and overall reduced resource consumption that has future generations in mind. It's basically a good idea, the problem we face is that our government is incompetent and full of ideologues who try the sledgehammer method and ignore social compatibility and feasibility.

[@dolamroth69]

🤣🤣🤣

[@YSKWatch]

@@christiangraff4754 I don't disagree with the concept, sounds like still far away from reality, need lots of research to make it come true and research is not fast, maybe took decades. people buy better, cheaper, last longer goods, for food, as long as not bad for the body, that's good enough. if green products are more expensive, only limited people will afford. with low sales, company will bankrupt. just some quick thoughts.

[@alphastratus6623]

If we didn't stop the green transition of economy multiple times (solar, wind, now cars, all done by the conservatives), we already would be on a good way and would need a lot of workers for that. So yea, you try to blame it on the green transition, but the opposite is actually true.

[@Sudique1]

I'm a little old lady who is confused. Why is it that company executives who make bad decisions get to keep their jobs and the workers, who actual produce the products a company sells, are laid off? Why is it that company executives get massive pay raises/stock options while running a company into the ground and the people who do the actual work have to live with stagnating wages? When did making bad executive decisions become more valuable than building a good product? HELP!

[@rohitkhosla8110]

The numbers. I am in a senior position. When my boss told me about my bonus I asked him how can we afford this. He said there are only 5 executives of your hierarchy in the firm. We can easily afford. Lower down the numbers becoming huge they cannot get thst kind of numbers each.

[@RationalAUS]

That's free market capitalism unfortunately.

[@horsteggert4852]

That happens all around the world. You have a very good point the rich are getting richer and the poor are getting poorer.

[@nath9091]

A lot of CEOs haven't actually been CEO for particularly long. It's often less than 5 years as they do get forced out when results disappoint or from scandals. There is also that a CEO brought in to turn around a struggling business needs to be suitably incentivised to take on a risky job where the base profit is poor so might get bonuses based on various KPIs.

[@scrapbrainsinc]

When you only think about the future of Germany being electric vehicles, you have already lost the game. Get ready for a long cold winter Germany.

[@Vincenzo-ks3zl]

Naj man I'm packing for the US after I finished my bachelors degree in economics in 2 years. I'm not gonna try to endure that winter. All Hail to Donald Trump 🎉

[@user-n6n9y]

​@@Vincenzo-ks3zl how will you work there without a green card?

[@tompell3032]

The last time Germany was in very deep trouble, the man with a weird mustache rose to power.

[@gx4548]

some say, this time, it is on the same purpose as well. hope not. but at least German carmakers do have made every single major technical choice wrongly. the record is just not very promising.

[@laverdajota8089]

And tried taking on Russia and lost

[@arktseytlin]

Germany is spent demographically. So no more conquests

[@hidetsu7249]

The problem is the unacceptable sound quality in a supposedly reputable German broadcast in 2024; the rest can be worked out by the Germans.

[@bogdannistor1625]

ironically it reflects a bit the state of progress

[@Kikerikiki]

40% of Germans do not have access to high speed internet, that’s why!

[@ignorasmus]

I was initially checking my Sony headphones and mobil phone (both made in China!) 😂😂

[@Swissvistas-fz9ey]

Well, it can't have been a Sony microphone, I guess.

[@blehbleh5095]

Can't blame them, their phone calls are being monitored by the US military bases inside Germany. So their internet might be too.

[@Rothinger]

Send more cash to Ukraine, that would definitly help german economy.

[@fredlu7638]

Self mutilation should not be encouraged.

[@konig231]

exactly, just like your comments under this video - world-changing and full of economic insight!

[@item6931]

Ivan!

[@KiwisDownUnder]

Ok Vlad.

[@dotmarceo]

As long as the USA is not upset with Germany is all that matters. Can't afford to be the USA's enemy.

[@Kikerikiki]

Worked briefly for a German company in the US, awful and stubborn people

[@aldva0530]

I’m half German (mother is from Berlin) and speak the language. Despite my knowledge of the language and culture, I can hardly disagree with you. I’ve worked for 3 German companies in the US and Germany. Many Germans are robotic and emotionless. All take far too long to make decisions (general lack of agility in business) due to their inherent desire for attaining perfection. This lack of agility, coupled with lengthy vacation allowances and generous government entitlements, have created a socialist mindset in the population. Gone are the entrepreneurs from the post-war period.

[@MetallicReg]

If you don't go on fully with statistically relevant arguments that are straight to the point - forget it. You wont be taken seriously.

[@item6931]

@@MetallicReg I once wrote an engineering evaluation of a product for a German company. It was heavily statistical. The report went all the way up to the CEO and I received a personal thank you. If that is any indication, they take numbers and statistical rigor very seriously, which is to their credit really.

[@hassosigbjoernson5738]

@Kikerikiki ... and? If that only experience is the reason for you to judge a whole country than you probably would choose a convict as President.

[@cvc151]

German Policy & you wonder why this is happening. The one that provided cheap energy is called “Enemy”.-RU The one that destroyed the flow of cheap energy is called “Friend”.-U$ The one that buy German's products the most is called “threat”. -CN

[@bobcat5133]

It's too late for German industry.

[@aceyage]

Never work with countries whose values are diametrically opposed to yours is the lesson here.

[@masakitonguba8919]

Germany needs Russian Energy to help made in Germany products price competitive ^_^ German government decided not to continue purchasing Russian Energy ^_^

[@FargarJaji-p6f]

I heard Presidents with excellent PR get billions of dollars from USA. Olaf can try.

[@FargarJaji-p6f]

I heard Presidents with excellent PR get billions of dollars from USA. Olaf can try.

[@modisaneunity4534]

Yes, keep on pumping money for Ukraine while your country is struggling

[@specialmilitaryops101]

HOW ABOUT GIVING ANOTHER 100 BILLION EURO TO UKRAINE ??

[@nypd8192]

Don’t blame any other countries. German products are not attractive and competitive any more. That‘s it. Not only in China, globally German automaker has been so lazy..Japanese and Korean automaker are doing really well in US, India, and East Asia other than China, US has at least Tesla. Thought that China could not do anything for car making? China’s been preparing for EV so long to find a way to compete in global car industry. German brands have wasted all their superior position and technology, especially not investing for future like EV, Hybrid, SUVs, and third market.

[@Wolfcamp555]

I'll make a prediction. Chinese cars will never be sold in Europe or North America in the near future.

[@masakitonguba8919]

Germany needs Russian Energy to help made in Germany products price competitive ^_^ German government decided not to continue purchasing Russian Energy ^_^

[@AmitJha-d7l]

German should have performed in India as India is not allowing Chinese to enter their market but now it seems China has reached out to India saying let’s trade and resolved its issues , German cars will be wiped out from India which is huge market with budding middle class , ford once shut down again opening its plant in India . Innovation is key , can’t be reliant on old ways of working

[@varpen]

@@masakitonguba8919 DW Admins - please remove this bot - copy and pastes this vatnik message on all comments.

[@gaborrajnai6213]

Lol thats BS. Everybody knows in the car industry that Mercedes S class is the most innovative car design in every single iteration. From airbags to electric windows to driver assistance literally everything what you have in your regular car was first introduced in an S Klasse.

[@strezification]

That's what happens when you go against Russian cheap energy and Chinese huge market. They shot themselves in the leg.

[@hyuxion]

In a nutshell, the Germany Industry 4.0 initiative has failed.

[@jorsm.3893]

In a nutshell, I'd say EU trade policy failed and is way too liberal. We cannot have 1) some of the highest living standards in the world for industry workers 2) expect to be able to compete in a pretty much completely free market. You do not solve this just at the German level.

[@masakitonguba8919]

Germany needs Russian Energy to help made in Germany products price competitive ^_^ German government decided not to continue purchasing Russian Energy ^_^

[@oakridgemall-8jl2h9f]

True; Industry 4.0 promised to make 60% of the workforce redundant . . . but then why is the government and industry calling for 1.5 million immigrant workers a year?

[@xingxing85]

In the first place how could Germany do i4.0 without internet ? 😂

[@jorsm.3893]

​@@masakitonguba8919 That's a fallacy, bringing back gas from Russia would not make German industry sufficiently competitive again. Structural policy change was needed a long time ago if you ask me. For a long time Europe thrived on technological advantage. Manufacturing and with it knowledge have been offshored/exported, and with it our technological lead has slimmed to almost nothing. If we don't restrict imports more, or we don't let our average wages drop to what they are in nations with competing industries, we will simply not be able to compete, because we are trying (not always succeeding) to bring marginally better products to market at a significantly higher price.

[@nikolasthethief]

That's what happens when you intentionally start making your products unreliable and poor quality so you can make even more money from spare parts but still keep charging a fortune for them. Of course the buyers are going to wisen up to your tricks and schemes sooner or later and ditch your brand.

[@RationalAUS]

Sums up why we don't like German cars in Australia. The cost to repair makes the resale value quite low.

[@mart34]

Exactly this, half the parts in the engine bay made of plastic with a life span of the warranty only, and unneccessarilly overcomplicate everything, throw in software everywhere. Ultimate goal to make them grossly expensive to fix.

[@paulstewart4195]

No it’s what happens when you allow Washington Neo cons to control your country

[@cristians6120]

min 1:29 ''we were totally dependent on Russian gas'' - JUST HALF OF THE TRUE: dependent but AT A FRACTION OF MARKET'S PRICE !!! That is why Germany was ''Europe's economic engine''. Not because of some Genius ''economic model''. Other European countries had not that chance with a cheap energy..... That is why. In the present, without that cheapest Russian gas and with the ''green energy'' policy adopted, Germany is facing the long path to the abyss......

[@PandaPanda-ud4ne]

That is simply not true. The Russian Gas was as expensive as market price. Cheap was only the transport THROUGH the pipelines, which were actually built by the Germans and western engineers themselves. Of course other countries also had the same chance when only gas was concerned. Yes, the Germans had a Genius economic model. They produced not too cheap products for a specific target group, that could afford it. Most of the consumers of Germany´s products were outside of Germany, first in the European Union Proper, than outside, like in China. Do you really believe that people bought german products because they were cheap? No. Chinese products were always cheaper, for instance. You have to visualize it like this: There are TARGET AUDIENCES, target groups, who buy your products. Some buy more for better functions and more quality, others cannot do that and buy the cheapest with less functions. China, for a long time, covered the absolute bottom line of products, and now they are trying to start moving UP. Germany, for a long time, covered a kind of middle segment, upper-middle, for most of their technological products. That was their economical model.

[@softwarephil1709]

Don’t forget stupidly shutting down nuclear power.

[@waynegore5291]

It's a sucess story, germany de-coupled russia energy, de-coupling china market. Ideology won. BTW, germany produces best lecturers of our time in the world such as von der leyen, baerbock etc. Congratulations!

[@ecn9571]

Oh but u can't say that! Stick to the narrative pls: "We had to decouple from Russia, bcos they got into a war we encouraged. This proves they are unreliable energy suppliers, so we turned off the tap on behalf of Russia; even though they were prepared to continue supplying gas to the EU. Now we can focus on highend product manufacturing that isn't dependent on energy 👍"

[@KiwisDownUnder]

Ideology...stop it. It had no plan to evolve to innovate .. Germany doesn't even have national fibre. Instead, they left it to CEOs to ring the cloth with no idea what disruption was around the corner.

[@softwarephil1709]

Don’t forget stupidly shutting down nuclear power.

[@amandagrant4331]

The German government should provide Northvolt with more subsidies. Germany needs batteries made in Europe.

[@YSKWatch]

northvolt have so many problems, the founder doesn't know how to manage a company. having too much goals at once and fail them all.

[@user_zyzymvb]

Send more aid to Ukraine

[@LayLoow]

😂

[@bramposthumus9300]

Indeed. It still is 1938 in Europe. And Ukraine is doing all the heavy lifting. We did this very differently 90 years go.

[@nycvezz8616]

Yea billions of dollars and euros weighs a lot

[@samsungtap4183]

Recent boxing match in London almost half of the patrons were Ukrainia....at £650 a pop....please send more money ! Ukrainians do love their boxing...hahaha

[@item6931]

I agree.

[@JSDudeca]

Without a pro Nuclear plan, Germany is in big trouble. I am a green but I would never vote green because they can’t do math.

[@MotoClassics]

Don't be silly. They have coal and solar panels.

[@entropy5431]

If the maths don't add up then why are you a green?

[@charliemike1036]

Russian sanctions are really working! 🤣🤣🤣🤣🤣

[@illbet4589]

Ahhh have you seen the Russian economy lately?

[@icephoenix5466]

You want to buy again? They Just stopped Delivery to bulgaria without announcement. :/

[@jerryorange6983]

Green Revolution. i.e no more nuke power)

[@constanciomwenecio-qt1ht]

@@illbet4589 While Russia is not complaining right but we can see clearly Germany is in a bad time,,,someone said that if Germany is not in good relations with Russia well Europe is in big trouble and the US have separated them ...wow

[@univeropa3363]

@@illbet4589 Yes. It's bigger than Germany's and growing.

[@AshishSawant-mt5bv]

Germany is suffering the most because of Nato's war with Russia.

[@ianhamilton3113]

NATO isn't at war with Russia. Russia just wanted to land grab. Picked on Ukraine. Thought they'd be a walk over. Tens of thousands of dead Russians later. Russia still hasn't learnt anything. Sort your own country and people out.

[@Hope4peace1804]

Didn't Germany announce another billions dollar aid to Ukraine?

[@item6931]

Ivan!

[@aantonic]

@@item6931 as i said Ivan got you before and will get you again, OK

[@ayushkumar-bg1xf]

@@item6931 paul!

[@andia968]

@@item6931 JOE!

[@billykulim5202]

yeah they can save germany economy with that money, but......they chose descturction

[@cristinaximera9663]

China has quite a bureaucracy too, dude. What China also has - but Germany doesn't - is a state of the art internet infrastructure. That explains the rough 1990's aesthetics of this interview. A bit more of planned economy may help.

[@tanisharbaap]

How did the sanctions on Russia and support Ukraine/Israeli wars work out for you guys? 😁😁

[@bramposthumus9300]

Very good indeed. Any other dumb questions?

[@bmjnation6351]

What is a woman?

[@АртемАртем-л4э]

@@bramposthumus9300 Obviously you haven't been following the news lately.

[@item6931]

Ivan!

[@paradiso2k954]

@@item6931 Keep on saying that in your every comment. I bet you wake up at nights seeing Russians everywhere surrounding you.

[@riadberkati673]

The end of an Era,

[@barbadoskado2769]

it ended years ago. this is just a symptom of the underlying sickness

[@amandagrant4331]

Nokia

[@freds.8775]

*of a country

[@johnmcclain2848]

I’m old enough to remember when Europe was going to eat our lunch and they’re accelerating into their demise with more of the same; high taxes and unnecessarily expensive energy

[@flemlion13]

It's not the price of the cars that is the primary reason they are not selling, it's on the technology front they are behind. Reducing the car cost by a percent or so by slashing worker's wages will not fix that.

[@tomorrowland2684]

A BMW X3 costs 80000 euro for decent equipment. How many in Germany are earning more then 130000 to afford such cars. The equipment you are getting we are able to get from Hyundai, Kia, some other brands although they are not symbols of luxury what we are thinking of and the world is moving away. Still they are digging their own graves . For the price we are getting cheap plastic and speed limits.

[@amandagrant4331]

They must preserve the cash flow first. Technology development is a luxury.

[@Meeko2689]

Sanctions would only hurt Russias they said ….

[@thegreatdane3627]

who said that?

[@ianhamilton3113]

No they didn't. Putin hurt Russia.

[@ttran3444]

the IRONY is that Russia GDP has grown to the point of beating both Japan & Germany to hold number 3 position (behind US & China).

[@thegreatdane3627]

@@ttran3444 the russian economy is only growing because of government spending. It's not sustainable.

[@ianhamilton3113]

@@ttran3444 And the irony is, Russian GDP up at the cost of tens of thousands of dead troops. Well done Putin. It seems you can still fool a section of your populace.

[@vicdor1031]

The same happened to Ukraine after they reduced gas consumption from Gazprom in 2014. Fertilizer production stopped followed by the destruction of the entire chemical industry. Steel industry which once was the largest in the Soviet time decreased from 40 million tonnes to 6 million.etc. etc. Germany is currently walking by the same track.

[@amandagrant4331]

Ursula said “why Europe doesn't import CHEAPER natural gas from the US?"

[@wumaobot]

Germany is done

[@varpen]

The word "bot" is part of your name

[@xingxing85]

Agree! Germany is going down the drains

[@santostv.]

From that logic most countries are 😂

[@des_smith7658]

Germany is circling the Ukraine

[@BrunoHeggli-zp3nl]

Not at all!Germany has an amazing Future and is doing realy well already!

[@natkojurdana9673]

Here's an idea, Germany can go and ask Greece and other south EU countries for a bailout. I'm sure the Greeks would LOVE to pay them back for the generosity they recieved from Germany 15 years ago :))) Sorry guys I know it's not nice, but watching Germany right now is like watching Ebeneezer Scrooge learning his lesson. Merry Christmas!

[@williamtell5365]

Very true

[@valevisa8429]

Nobody but Greece was at fault for the dire situation it was in.Some unwise and careless people don't deserve to be helped.

[@williamtell5365]

@@valevisa8429 problem is, you can say exactly the same thing for Germany now.

[@masakitonguba8919]

Germany needs Russian Energy to help made in Germany products price competitive ^_^ German government decided not to continue purchasing Russian Energy ^_^

[@valevisa8429]

@@williamtell5365 Absolutely not.Germany is not in the same situation Greece was.Greece was bankrupt and unwilling to take any sacrificial measures for a long time.They just wanted money.

[@breakfast00club..11]

All for America You went woke And broke

[@bramposthumus9300]

Gibberish.

[@univeropa3363]

@@bramposthumus9300 No, he speaks the truth.

[@1972Ray]

@@univeropa3363 No, he doesn't.

[@univeropa3363]

@@1972Ray Well, the economic data says something different.

[@aantonic]

@@1972Ray so all is well in Deutschland, huh? all is LIE

[@Andrew_Extra]

It’s going to be painful

[@varpen]

How much painful? How many wars did Germany endured with its industry going strong. You think this is a breaking point? C'mon, lets be serious.

[@Andrew_Extra]

@@varpen I didn't write "it's going to destroy the economy worse than a war". So yes, I am serious: it's going to be painful and it will require serious reforms to start a recovery.

[@publicname]

​@@varpenThis time we have China in the business

[@praveshshah5331]

Germans were doing massive business in Russian market… they are now vanished and replaced by Indians and Chinese

[@jackdoe3889]

You might want to take a closer look at how happy the Russian buyers are with their new Chinese cars.

[@PandaPanda-ud4ne]

@@jackdoe3889 Not that much, i would guess...

[@aleermathiang7124]

@@jackdoe3889Chinese EV cars market is 76% of the world and are actually growing. If they were that bad, where would they have such a demand around the world ? Germans cars have lost the plot like that 😂

[@Antibayden]

​@@jackdoe3889я езжу на китайском хавал. Отличная машина на немецкие не сяду.

[@item6931]

Ivan!

[@praveshshah5331]

Germany was an industrial powerhouse and had a strong economy in Europe….but involving herself in the Ukraine has really affected them a lot.

[@ianhamilton3113]

How? That doesn't make sense. If you had said - Russia attacking Ukraine has really damaged Russia permanently, That would be true.

[@comrade9374]

Germany got nothing to do with Ukraine war😂​@@ianhamilton3113

[@santostv.]

It might have accelerate it but is decades in the making ,same with the pandemic ,the eu got behind in 08s and the Germans believe in austerity and that was a huge mistake imo. German companies got complacent and continued been stubborn.

[@emmettbrown1234]

I don't think that's the problem. They live in the CO2 neutral dystopia.

[@barbadoskado2769]

it's not because of ukraine!!!!

[@larsf.6901]

First interview, Nailed it! Proof of the state of german digital infrastructure and equipment at science and university institutes!

[@33proyecto]

I remember a DW documentary about the "Ministry of Digital" or some bs bureaucratic job. She thought breakthrough by using a tablet... what a scam.

[@masakitonguba8919]

Germany needs Russian Energy to help made in Germany products price competitive ^_^ German government decided not to continue purchasing Russian Energy ^_^

[@syedarmaghanhassan4652]

Interviewees should avoid using bluetooth or wired earphones, and use a proper microphone (lavallier or podcast mic, or at least a decent headset/headphone which costs only €30). This would provide a better aufio quality for the listeners.

[@RoryMcDuff]

Germany - Auto industry = Banana republic ...

[@kubibear2890]

How about their cars are using poor quality parts, and consumers are treated as fools?

[@barbadoskado2769]

not only consumers, but also engineers working to make sure we have a good product. their opinion does not matter anymore

[@sunilghaju1864]

so its proven germany's economy was fueled by cheap yet reliable russian oil and gas

[@bunyip7343]

It was, but now Germany (like many other countries) are rapidly transitioning to green alternatives. Why? because they are cheaper.

[@ianhamilton3113]

Russian energy, like it's economy, is finished. Putin ruined everything.

[@Heinakuhi]

​@@bunyip7343so Germany have very cheap energy costs ypu want to say??

[@mengreat6982]

It's too late , US occupied Germany won't allowed as well, so forget about it

[@marcvb3364]

@@Heinakuhi will have, yes. And they also won't depend on other countries.

[@Manni24986]

I thought it was the EU that sanctioned Russia, not the other way around. Your guest is more a politician than an economic analyst

[@tommy2cents492]

That thought is flawed.... and... you should know that. It is common knowledgde that economic sanctions *always* have repercussions and an associated cost. The whole idea of importing goods is that you get it cheaper from elsewhere than making it yourself. Hence if you stop that trade you will have to find a (more expensive) alternative. Freedom is priceless... but still costs something.

[@TienyeeTien]

Interestingly German companies are laying off Germans while hiring more foreigners. 😂

[@asmirann3636]

Wage arbitrage. Foreigners will be paid peanuts compared to Germans. This is globalization.

[@NicolasHaufe]

Foreigners demand less pay

[@khipksy1888]

Nobody is hiring!! Its just the german govt saying we need more workers..

[@masakitonguba8919]

Germany needs Russian Energy to help made in Germany products price competitive ^_^ German government decided not to continue purchasing Russian Energy ^_^

[@AmitJha-d7l]

@@NicolasHaufe Not really

[@softwarephil1709]

Don’t forget stupidly shutting down nuclear power.

[@ianhamilton3113]

Yep! Shut down your nuclear and buy imported gas from a dictatorship. Crazy!

[@onepuchok5789]

All as US‘s plan

[@ianhamilton3113]

Or Russian screw up.

[@bramposthumus9300]

Tell us more!

[@univeropa3363]

@@ianhamilton3113 No, as America planned (except they are losing in Ukraine).

[@Steve-iu5hy]

Plz don’t say that. Germany is an independent country the people there r smart, they know what’s good for their economy! And they do have some dignity to be independent they r not the lap dog of America they never bark when America need them to be! Funny!

[@ianhamilton3113]

@@univeropa3363 o you recon the US planned to fool Russia into a war and Putin fell for it? Weird.

[@mikejess04]

You think sanctioning Russia was a great idea? Lol

[@item6931]

Ivan!

[@nenadmitrovic3469]

​@@item6931 you need to update your dialogue options

[@mikejess04]

@ olaf scholz, is that you in disguise?

[@songasalimsaleh1035]

*To be an enemy of America is dangerous but to be a friend is fatal!* - HENRY KISSINGER 😂😂😂😂😂

[@portcybertryx222]

America is the only reason why the auto industry isn’t kaput in Germany. Without us and Chinese demand it’s game over. VW is now investing in American EV brands like Rivian and Scout just to stay alive. We got y’all’s backs

[@masakitonguba8919]

Germany needs Russian Energy to help made in Germany products price competitive ^_^ German government decided not to continue purchasing Russian Energy ^_^

[@ouliu9305]

Germany's enemy is always America, you have never been to Germany before?

[@martytube821]

Lol without the US Germany would still be part of the USSR!

[@LathropLdST]

Of course. Kissinger was the one looking for such friends 😂😂😂

[@fahmad7194]

If Olaf (establishment and media) cared for the German (auto) industry half as much as he cares for Ukraine...

[@TrippyVerse]

For real... The ammount of money sent to Ukraine and Israel could have saved so so so many jobs of locals... But we, workers are just meant to pay taxes, nothing else it seems

[@JoonasJ86]

So sacrificing future, not helping people in need and not sticking up for Russian terror? All for giving life support for jobs that wouldn’t exist without it? Pure genious my friend.

[@bramposthumus9300]

@@TrippyVerse You clearly do not understand how any of this works.

[@donkeychan491]

The CIA pays them to not care for Germans.

[@univeropa3363]

@@JoonasJ86 You mean not helping America increase its hegemoy? Yes, sounds like a plan.

[@zhangmw4931]

German automaker set up factory in China to earn yuan. When BYD EV wants to setup factory to built cars in Europe, EU commissioner stopped the move. Germany should ask EU for compensation to those retrenched workers due to their decision.

[@ohidalgoe]

Germans are too expensive, they need to start making the same salaries as the chinese to compete

[@Antibayden]

Пора бы 🤣

[@item6931]

This is actually what will happen if you have free trade with poorer countries.

[@mateusborges7633]

The salaries are higher BCS cost of living in Europe is higher too​@@item6931

[@JohnDoe-cv6xw]

They just implement "You will have nothing and you will be happy". After all this is the direction all at the top agreed for, isn't it?

[@sneakymove]

please, VW is paying Porshe 52 million dividend, don't keep blaming China for everything. Top management pay are so crazy!

[@TalkingPoint773]

The top and their families will still live very well, the workers on the floor will suffer.

[@yesufeshetie2098]

Thanks to German government for showing loyalty by not subsidizing the industry. They are getting enough money to send to Ukraine

[@ianhamilton3113]

It's arms they are sending to Ukraine not money. Silly you.

[@bramposthumus9300]

Repeating the same nonsense 100 times does not help you, kid. It's still nonsense.

[@item6931]

Ivan!

[@paradiso2k954]

@@item6931 Tool

[@hologramhouse729]

Game Over!!!!!

[@Igorsov]

Wha has happened, Germany?😅 Last time I’ve heard is that Germany is ok without Russian natural gas and that they can get it from the U.S.?

[@softwarephil1709]

Don’t forget stupidly shutting down nuclear power.

[@thealchemist3476]

The government did a really good job, on behalf of the voters. 👏👏👏

[@ephilippos]

Green is Dream…Dream on!!

[@robymaru03]

It's funny when those people are trying to say that Germany can repeat a feat that he did back when the world was less connected and they had way younger people than old ones.

[@meanlife7358]

They can tell the United States of America to help them 😅😅😅😅😅😂😂😂

[@andrewlim7751]

The Americans will propose the Germans to sponsor the new Syria project. 😂😂

[@Devilfish4387]

Germany has many talented and hardworking people, but it seems political dynamics or personal ambitions often lead to mismanagement. Either political studies foster greed, or the wrong individuals are consistently placed in leadership roles. There's something fundamentally off that hinders the country's potential.

[@AA-kj4ic]

They saw it in the coming, EV is quickly over taking traditional gas powered cars. The irony is EV evolution was something pushed first by Europeans and Americans. Government pushed for it but industry couldn't react as fast as their counterparts in China.

[@jasonmugridge]

Industry didn't want to react, just look at the BMW i3, or GM's EV1 in the US, they knew what was coming but don't make as much money from selling EV's or make as much from servicing then. So why would they want to change? Diess wanted to change VW years ago but neither the Unions nor the board were interested. EV's don't fit the legacy manufacturers business model and they didn't want to change so now everyone will pay the price.

[@AA-kj4ic]

@@jasonmugridge yeah, also western companies are not competitive, infotainment system is outdated, there's still no dedicated place to hold a phone by air vent, Chinese EVs come standard most of them wireless charging, dedicated spot to put phone at eye level, large in car screen, touch sensitive light control etc..... All for $30k or less. Granted they don't have as good self driving capability or AI, but from a pure human driven car perspective it's so much better than western brands.

[@Omar-kl3xp]

@@jasonmugridgesometimes it’s not about making instant money ,sometimes it’s a about investing in the right thing where you won’t make any money but because you started to invest earlier you are now ahead of other competitors. it’s like Stocks ,if you bought Apple or Tesla stocks early days it was worth nothing but if you bought stocks those early days and kept investing until now you will be multimillionaire,potentially billionaire .Germany was too slow to innovate ,if you follow just profit you will always be behind to those competitors that are okay to lose money for the next 5+ years in order to make profits one day .

[@raus_mit_Islam]

Green jobs 😅 here in Denmark 🇩🇰 there is a MASSIVE crisis in the ‘green’ sector!

[@item6931]

Ozempic profits can bail it out lol

[@deesiInGermany]

Save Us German Government. We moved to Germany Contributed quite well to its economic. But are first to get fired from the companies!!!

[@rashidxd]

audio is unacceptable, please remind your interviewees, I know it's hard, but we cannot accept this audio, our standards are higher now for such a big broadcasting platform, please listen to us

[@MJ-revered]

You should learn how to write proper sentences.

[@des_smith7658]

It was acceptable in the eighties

[@fenderson6449]

@@des_smith7658 Exactly. They can't afford modern new microphones, but it's not necessary since the ones from 80s are working "just fine" anyways.

[@EmeraldMeadows]

I thought Germans were smart. Everything hinges on resources and green energy will not even come close to providing the energy needed. Is the fact that they're still talking about Green energy is bizarre. I think it's time to say goodbye Germany it's been nice knowing you.

[@varpen]

It's not about energy. Where did you hear energy in the interview in the first place? Bots.

[@bunyip7343]

False. Green energy in the longer term is cheaper than fossil fuels. Added benefit is the improvement to the environment. There is a bit of pain during the transition - but it is worth it.

[@ianhamilton3113]

Got an evidence of is that just your opinion?

[@EmeraldMeadows]

God help you people. You have no idea what's going on do you? Is really hard to see one of the greatest Nations on the planet dissolved before our very eyes because of crazy unrealistic policies that are totally unsustainable in today's world economy.

[@santostv.]

You are wrong even the Chinese are investing in it,the Iberian peninsula is 60% supplied by renewable energy, the Chinese again are betting in hybrids and evs meanwhile Germans were delaying the inevitable as much as possible so their cars aren’t appealing to the Chinese were 70%? of vw profits come from . eu energy market is in part the cause to blame.

[@yanyeetan1727]

Thanks America!

[@LayLoow]

Germany got plenty of money just that they want to send it to Ukraine and Israel

[@item6931]

Ivan!

[@paradiso2k954]

@@item6931 The funny part for me to see is how the own kind gets jumped at by guys like you, labeling and calling names. Well, then you deserve it fully.

[@Steve-iu5hy]

Germany is a great country with great industrializations. With cheap oil and gas from Russia and huge market in China and so on, oh wait, that was all gone, now buying second hand Russian oil from India is such a beautiful thing to do, oh wait buying American gas which is triple times more expensive is such a big help to the people or Germany! No wonder the economy in Germany is thriving! Great people great leadership! The world will be a better place with all you great people!

[@tthex6484]

It's not that German was using Russian gas, it's that the gas was cheap.

[@kerryshah7851]

German economy is going downwards and in next decade Germany won’t be big economic giant. Reason is the attitude. Even Germany is trying to pull foreign talent but still failed to attract people. Germans are thankless and even sometimes harsh towards high skilled labour. Bureaucracy is extremely difficult to deal and with foreigners it’s a catastrophe.

[@dehua-2730]

It tells you something when German companies still use FAX machines to get contract approvals.

[@alext8363]

Germany leaders are so great , go green don’t care about jobs and economic , build more weapons is the best option DW always support those ideas

[@jhuntotoyalmero281]

Putin warn Germany and many european nations this will happen but they were all just laughing at him.....I guess he had the last laugh after all.

[@j.erickson8571]

Also, the global market has a surplus of 31 trillion in AI. While at the same time, companies here haven't decided to upgrade their old crappy systems. 🤷‍♂

[@3184Patrick]

AI is not the answer, maybe the problem

[@arundharmaraj5410]

Germany the land of layoffs.

[@masakitonguba8919]

Germany needs Russian Energy to help made in Germany products price competitive ^_^ German government decided not to continue purchasing Russian Energy ^_^

[@varpen]

@@masakitonguba8919 False and wrong. Germany is now completely energy-independent from Russia and the prices have fallen. The problem is elsewhere.

[@barbadoskado2769]

yes this

[@isorokuyamamoto8423]

That ship has sailed... it sailed even further the last few years with them electing idealistic leaders instead of pragmatic ones and when energy prices shot up so much... They used to be able to compete with strong branding and people are willing to pay much more for higher quality stuff. But nowadays China's quality has caught up and people are probably willing to forego some quality for much cheaper but acceptable quality... how are they going to compete if the price of their products are much higher with not much difference in quality?

[@k0mmunicat0r]

I don't want to be rude but most of the consultant who shows up on DW doesn't have a foot in reality neither a proper strategy. They are just there for sake of airtime. I think time has come for Europe to ditch Socialism and fully become capital states. Also, they can't hide behind language barrier, if they want to speed up economy ditch their traditional approach is the key. Also, shake hand with Russia, they need Russia more than USA.

[@b-art6098]

My father said that when he was young, there was a man who would come to his village to sharpen knives. He would go from village to village to village and sharpen knives. Nowadays, there is no need for someone like him, everyone just buys cheap Chinese knives. German knives are also too expensive.

[@barbadoskado2769]

good anecdote. this is the future. all objects you desire but none of them has value or a soul. ai generated nightmare

[@des_smith7658]

You pays your money, you takes your choice

[@b-art6098]

@@danielduggan7126 Isn't this a Catch-22? For example, you don't have money as a knife sharpener to buy an expensive knife because everybody buys cheap knives. Or, you are a car mechanic and cannot buy a car because nobody needs your services.

[@asvathg358]

German language is another barrier everywhere

[@SandyJ-hi9vn]

Simple solution is change the government

[@alphastratus6623]

Yes. And the? All the international relationships and facts the economy is facing is still the same. So how will another government change anything?

[@danryan3597]

Look companies like VW ,.MB & BMW made great cars..now they are scrap...Toyota kept their cars reliable....Germany needs to maintain its high standards and cut wages or do more hours. But not quality.

[@twayenallan1212]

FAFO Germany finding out about Nordstream

[@viktorstamenov7692]

Couple of things must happen in order Germany to become great again: - stop the war in Ukraine and restore their relations with Russia for cheap gas - rule out the over ambitious green deal and lower the requirements for new cars. For example get rid of Euro 7 - impose very high tariffs on the Chinese cars and ban them to complete a factory anywhere in the EU - reduce the level of bureaucracy and limit some of the social perks - invest in atomic energy I can think for another clues, but that comes on my mind first. As a big fan of Germany and especially their cars, it hurts me to see the current state of the automotive industry. Just look at the brand new models from BMW or Mercedes, the new X3 is very cheaply built inside and for that they want to charge the customer at least 50k EUR, outrageous!

[@ShakibBaig1]

In the past few months, the German government has signed deals to import 300,000 Kenyan workers and 90,000 Indian workers per year. Meanwhile, the media keeps telling us the economy is doomed. So, the big question is: will the government be serving the new immigrants on social welfare, or will they be serving *them* a plate of hard work?

[@barbadoskado2769]

germany does not want to pay expensive german salaries, so they think: wow we just get people from somewhere else who are equally qualified! only problem is they dont care about the people (call them human ressources which is sick imho) or their language their struggles their culture their dreams... they just throw them into the machine so to say and see what comes out.... it will not go forever like this.

[@wandererbird4602]

These 90,000 workers do not come empty-handed. Most receive a visa only after proving they have €12,324 in a blocked account to cover their first year of living expenses. Now, let’s assume only half of them, around 45,000, manage to secure visas, and each comes with just half that amount-€6,162. Even then, this would inject a significant sum into the German economy. While the total numbers might not be massive, they’re certainly enough to make a positive impact. Moreover, landlords will benefit from increased demand for housing, and if these immigrants secure jobs, they are likely to be paid lower wages initially, which could fill gaps in labor shortages. Employers also have an opportunity to better utilize this international talent pool. As for social benefits, how can immigrants be entitled to them before they’ve even contributed to the system? This is undoubtedly a challenging period, and the upcoming elections will play a critical role in shaping public opinion and policy. While immigration can bring benefits, taking in too many immigrants too quickly risks creating a situation similar to what Canada is experiencing-something Germany must carefully avoid.

[@merinmathew3921]

@@ShakibBaig1 I dont know about Africans,but Indians are the highest earning ethnicity in Germany. We are paying taxes, not on social welfare, and causing any communal problems. joblessness among Indians living in Germany is only 3.7 percent, well below the overall unemployment rate of 7.1 percent.

[@rennmeister7418]

There is one component in this discussion that is hardly ever mentioned. The EV rabbit hole that Germany and the rest of the EU countries are fast going down into was dug deeper by the (unelected) EU commission and the bureaucrats in Brussels. Yes, we need to transition to green energy but there has to be a plan that is rational and realistic. And NOT at the expense of impoverishing the population of the European continent. Brace for civil unrest, political turmoil and ultimately right wing parties taking over power. BTW, the US economy overall is in a better shape to withstand the onslaught of cheap Chinese EV's because it is more diversified. Unfortunately, tariffs or no tariffs, things don't look good for the US auto industry.

[@Bodzio1982]

The problem is EU. Countries should independent economies

[@barbadoskado2769]

the problem is NOT EU. EU is the future. it is greedy and godless people who are to blame.

[@smmozza]

… the silence of Nord Stream’s lambs …

[@bramposthumus9300]

Oh Jeebus, here's another kid still crying over a piece of rust...

[@botshelomoatshe3153]

​@@bramposthumus9300watch the video again if you want to know who is really crying

[@des_smith7658]

Very important energy supply actually

[@bramposthumus9300]

@@des_smith7658 Nope.

[@randygraham926]

@@bramposthumus9300 Who did it, Grandma? Can you say their name? Are you afraid they're reading your comments? 🤣

[@als909]

First things first, blame China, not the high energy prices that killed Germany's manufacturing.

[@moksengchai2857]

Sour grapes!

[@moksengchai2857]

Sour grapes!

[@kwokfung5644]

A simple conclusion: without Russian cheap energy, Germany's economy is dead man walking.

[@thegreatdane3627]

you can keep crying about it, but nobody wants to rely on an unreliable supplier like russia anymore.

[@bunyip7343]

Keep dreaming. Russian "cheap" energy is gone. We do not want it back. Why would any country want to connect itself to Russian gas again - only to have Russia use it as blackmail in the future in order to get it's way. The faster countries develop their own green energy solutions the better it will be.

[@gaborrajnai6213]

@@thegreatdane3627 Its not that noone wants to rely on it, its that some EU nations bullying everyone else, for not to buying from the cheapest source.

[@ianhamilton3113]

Russia as a world energy supplier is a thing of the past.

[@barbadoskado2769]

yes but we do not want bloody gas anymore

[@real_alwast]

It’s funny how Nicolas Ziebarth says ‘we were totally dependent on Russian gas’ as if now you are not dependent on some other contry/supplier. Stop being ignorant. Your ways have killed globalization.

[@donkeychan491]

Germany's toast.

[@Billy-y4j]

In the last 20 years, the quality of German cars, Mercedes, BMW, Audi etc has really deteriorated. They don’t feel/drive like luxury cars at all

[@aleaiactaest8354]

Green jobs? Make bikes instead of cars! jibby!!

[@KatarzynaOchmann]

bad internet connection... in whole Germany visible even in this interview :)

[@muhamedalsharman1669]

We all need to boycot German product .

[@yahyaa4499]

This is what happens when you require high skilled workers from abroad to learn your language to work in Germany