The German Economy Is in Serious Trouble

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@Russking23
@Russking23 6 ай бұрын
As a German, I am furious about the decision to shut down ALL nuclear plants, before having a reliable and cost efficient alternative. It never made sense and still doesn't. Just to shut the idiotic Greens up. This is what happens when you let your emotions run the government , instead of data, logic and common sense
@joelchee9308
@joelchee9308 6 ай бұрын
Let's not forget that Germany just 14 years ago , was lecturing the entire Europe on how to run their economy. So no sympathy really for Germany. Economic success from Russian gas is not success at all
@acommenter
@acommenter 6 ай бұрын
the German greens are a gift to the Kremlin
@noneofyourbusiness5433
@noneofyourbusiness5433 6 ай бұрын
global warming has NEVER been about logic and common sense...........
@pooyafitness
@pooyafitness 6 ай бұрын
It’s not being run based off of emotions. Rather, it is being run based off of globalist agendas and then justified to the public based on their emotions.
@ThunderZephyr_
@ThunderZephyr_ 6 ай бұрын
Respectufully, I would argue that nuclear energy is very clean. The greens are runnning off of false data. The "emotion" of clean energy is a good idea. The false assesement of nuclear energy not being clean is problematic. I classify it as emotion since it makes more business sense to use the easiest source that being russian gas. In that regard not negotiating with the russians for gas is also an emotion. Albeit a very well founted one.
@mariusbleek
@mariusbleek 6 ай бұрын
Calling it now: Germany is going to start using coal in the near future and advertise it as a temporary program
@watchm4ker
@watchm4ker 6 ай бұрын
Going to? Have you not been watching the last few years? They've *had* to.
@garyzies3486
@garyzies3486 6 ай бұрын
If the goal was to "save the climate", then they should have kept their nuclear power plants online. What is wrong with German leaders?
@andreas5563
@andreas5563 6 ай бұрын
Theyll buy "green coal" xD
@TennessisET
@TennessisET 6 ай бұрын
@@garyzies3486 the real goal was to become another market for americans.
@garyzies3486
@garyzies3486 6 ай бұрын
@@TennessisET That is utter nonsense! Look at the trade deficit that the US has with Germany. For decades, Germany has benefited from the US markets by selling much more product than the US is selling to Germany. Last year alone, the US had a trade deficit with Germany to the tune of 72 Billion US Dollars.
@antonmaier5172
@antonmaier5172 6 ай бұрын
When a country's own government is the country's worst enemy ...
@terryl858
@terryl858 6 ай бұрын
The elites have no contact with German workers people
@elah1023
@elah1023 6 ай бұрын
Same thing in Poland right now.
@iankuah8606
@iankuah8606 6 ай бұрын
Call that in the UK, China, Russia and, and....
@tfk884
@tfk884 6 ай бұрын
more like When a Country's main "ally" is the USA lol. Blame the CIA, wake up Germans, as an American, we all know nothing is worse than being the "Ally" of the US.
@proletar-ian
@proletar-ian 6 ай бұрын
​@elah1023 the US too
@AnnieT369
@AnnieT369 6 ай бұрын
You didn't mention that it was Germany itself that banned Russian gas.
@HerrschmannNachmann
@HerrschmannNachmann 6 ай бұрын
"Germany itself" probably not ... so, "who" or "what" could be behind such decisions? ... // this mass-media controlled fake-Democracy is not in the hand of the Germans ... it smells like CIA operations everywhere ... "Germany 4 BRICS" would actually be the answer ... access to ressources and to markets ...
@ImperativeGames
@ImperativeGames 6 ай бұрын
And oil. But Germany's fate was sealed when the Americans blew up the pipelines
@adamvose2651
@adamvose2651 6 ай бұрын
​@@ImperativeGamesthat's true they are just a vassal state at this point anyways
@karlkreisner5278
@karlkreisner5278 6 ай бұрын
@@adamvose2651 They always were, since WW2. They were allowed to carry the EU into its demise, now they're ripe themselves. Great job CIA.
@jdg9999
@jdg9999 6 ай бұрын
Of course not, lol. Can't let the fact that Western leaders and their easily led liberal voter bases did this to themselves.
@evancooper7336
@evancooper7336 6 ай бұрын
German tax law makes it hard to compete. We operate a financial services company and we basically can't compete as Germany has implemented double taxation
@dioniscaraus6124
@dioniscaraus6124 6 ай бұрын
That's just terrifying
@aaronb8698
@aaronb8698 6 ай бұрын
That is germanys worst problem, not anything eles matters tell you fix that. Without compitition you have ##$% monoplies and no inavation. ( Basically economic Asphyxiation) Protectionism vs free markes: free flowing markets always win the inavation price but protectionism can steel more money at the price of depressions. You need a healthy balance. You can't expect china to buy all your cars but not let some stuff come into your country to compete, the trick is to tax some things but leave openings to none essential markets, then compete to make better stuff and sell it everywhere. Old germans knew this , best beer, best planes, best cars!
@junyxz92
@junyxz92 6 ай бұрын
Maybe shutting down one of the worlds best nuclear power fleets was not a good idea….
@andreas5563
@andreas5563 6 ай бұрын
But but muh green energy
@NoidoDev
@NoidoDev 6 ай бұрын
A bit twisted. Germany would've needed to build newer plants.
@BojanPeric-kq9et
@BojanPeric-kq9et 6 ай бұрын
@@NoidoDev but Germans were afraid of tsunami? I guess Bayern is the most sensitive to North Sea floods...
@RsOnTheStreetS
@RsOnTheStreetS 6 ай бұрын
It doesn't make any difference for us but it got slaughtered by the news like always😂
@coolbanana165
@coolbanana165 5 ай бұрын
@@andreas5563 Nuclear is green
@Xamufam
@Xamufam 6 ай бұрын
this is partly what happens when you have policies based on ideology rather than pragmatic facts. you should always do impact analysis on policies before green light them
@benjaminh.7698
@benjaminh.7698 6 ай бұрын
Also Germany and germans are very digitization adverse. And thats an area where most of the sweet sweet money is made (added value / highest margins). Is the post industrial era that germans will completely oversleep. Just look at the entertainment system of Volkswagens ID Series - a complete Joke. But sadly the standard of german software engineering. (I live & work in Germany)
@thomaseck3210
@thomaseck3210 6 ай бұрын
No. This is the consequence of a lack of ideology. There just was nothing there in the Merkel years. No substance. Cozying up to Russia against the urgent advice of our allies. Lack of investment in digitalization and infrastructure in a phase of budget surpluses and low interest. Demographic crisis ignored. This is where you get with a country hingeing on a pampered car industry that tries to sell 19th century technology and that ignores the world is changing.
@asirnewazkhan4172
@asirnewazkhan4172 6 ай бұрын
@@benjaminh.7698 funnily enough. I go through a lot of immigrant in germany videos (Uyen Ninh is my favourite). The bureaucracy is extremely outdated. Still uses mail and letters, makes forever. I mean, it's the 21st century bro
@benjaminh.7698
@benjaminh.7698 6 ай бұрын
@@asirnewazkhan4172 Public authorities were ordered to remove fax machines from there workflow. Some government entities simply refused to do it 🤣 Germany has the state of an 3rd World Country in regards to digitalization 🙃
@gmw3083
@gmw3083 6 ай бұрын
Germany is weak. Nordstream. Nuff said. . . . . .
@misterlinux9290
@misterlinux9290 6 ай бұрын
"alternative cheaper energy? No thanks" - the german greens after deindustrializing
@donhuang9855
@donhuang9855 6 ай бұрын
Many will deemed Germany's political / economic policies as jumping out of the frying pan and into the fire; cut direct cheap Russia energies in exchange for very expensive US LNG and regurgitated mark-up Russian energies from India, as well as decouple / de-risk from Germany’s #1 trade partner (China) in order to serves US national interests. But the craziest act of this German government is preparing to send German troops for a direct military confrontation with Russian troops into Ukraine.
@visitante-pc5zc
@visitante-pc5zc 6 ай бұрын
Germany is plagued by socialism
@kimmogensen4888
@kimmogensen4888 6 ай бұрын
The energy that is falsely named green energy, which doesn’t make the world greener, earth is getting more green because of CO2 fertilizing, nitrogen fertilizers and global warming which is melting the enemy of life Ice and opening up new land for life to prosper. Windmills, solar panels, biomass, biofuel are all useful, but none of them are cheap, the price a new modern generation ocean windmill can generate electricity to is very low, but the system to insure that you have electricity 100 % and over production doesn’t destroy the system when the wind blows maximum makes it very expensive to buy from the grid as consumer.
@167mm167
@167mm167 6 ай бұрын
we all like Green ..we all support Green Party !!
@Linkinpurk
@Linkinpurk 6 ай бұрын
The CDU*
@joshdoddadbod
@joshdoddadbod 6 ай бұрын
This is suspiciously similar to what is happening in Canada. Switch a couple of industries etc, basically the same. The western world is falling apart and fast.
@garyzies3486
@garyzies3486 6 ай бұрын
agreed....socialist politics and policies
@strigoiu13
@strigoiu13 6 ай бұрын
the chinese and the russians seems to be falling apart even faster than the west does :)
@Ash-vt5cp
@Ash-vt5cp 6 ай бұрын
North America may not be doing too well, but China, Russia and Europe are falling apart faster. It seems to be a race to the bottom at the moment.
@stephenmorris8557
@stephenmorris8557 6 ай бұрын
It sounds like Germany is even worse then Canada. we are all lucky they did not win either of the World Wars. They get easily deluded, by ideology. now bring on the Online Harm Bill.
@eyeofthetiger7
@eyeofthetiger7 6 ай бұрын
Get rid of the far left policies and the West will come back.
@tonylamborghini8366
@tonylamborghini8366 6 ай бұрын
I like the « Even France is doing better » 😂
@ValMartinIreland
@ValMartinIreland 6 ай бұрын
France voted for macron, a dope.
@kadourkadouri3505
@kadourkadouri3505 6 ай бұрын
​@Booz2010 Reliable Airbus planes too
@HashimyHuseini
@HashimyHuseini Ай бұрын
It became know now that both France and Uk economies are in terrible state
@emilhuseynov6121
@emilhuseynov6121 6 ай бұрын
A perfect example of Germany's inability to attract workers into the country comes from my family: Although I am a German citizen, due to the lack of social movement and the inability to prosper financially as easily compared to other EU countries, I decided to leave the country, whereas my mother who is in her 50s wants us to remain in Germany due to the stability and security it provides. The country is perfect for retirement but not so for personal and financial growth.
@Atimoz
@Atimoz 6 ай бұрын
In what country did you decide to live in ?
@emilhuseynov6121
@emilhuseynov6121 6 ай бұрын
I decided to live in the Netherlands. Way better for career opportunities for me
@alexmartinez-og8gu
@alexmartinez-og8gu 6 ай бұрын
the german language isnt that great either not to mention all the political stuff going on with immigration why pick germany out of literally any other nation? germany doesnt have anything anyone with skills wants that othet nations dont have. sorry but i much rather live in america or england or even korea long before i even consider germany
@flopunkt3665
@flopunkt3665 6 ай бұрын
​@@alexmartinez-og8gudo you really wanna spend 3 hours in your car every day? That is quite common in the US.
@flopunkt3665
@flopunkt3665 6 ай бұрын
​@@emilhuseynov6121Netherlands is a decent option if you don't like mountains. Otherwise no. I'd much rather prefer Switzerland.
@littlewhiterabbit7363
@littlewhiterabbit7363 6 ай бұрын
As a Chinese, I think it is accurate to say most Chinese have long and profound respect for German Engineering, manufacture, and work ethics. Most of us find it inconceivable how German politicians, who were voted by the German public, made the decisions they made and led the country to where it is today... I am sure the media exaggerates everything, but still... So many questions just don't make sense... Why did Germany dismantle all their nuclear power plants? If Germany decided to enter an energy pack with Russia, which made perfect sense at the time, did not oppose aggressively to Ukraine entering Nato prior to the war? What did Germany expect Russia to do? When the Nord Stream, which was a huge German investment, got blown up by you know who, why was there no opposition? These days, Germany is stuck paying the high energy cost, seeing its manufacturing strength fading, and EU competitiveness and independence eroding... But it seems like Germany is still all-in on its current trajectory. Why? What does Germany stand to gain from all these madness?
@nox5555
@nox5555 6 ай бұрын
Well the end to nuclear power came because of Russian influence. Guess who is paying for all the green groups around the world?
@andreas5563
@andreas5563 6 ай бұрын
What they stand to gain: being on a high horse, calling themselves morally superior (which is the most important currency in the world of woke politics)
@360ODYSY
@360ODYSY 6 ай бұрын
Cui bono, Germany does not gain but the US does and it appears all western European leaders are being controlled by the US
@bunny_the_lifeguard9789
@bunny_the_lifeguard9789 6 ай бұрын
There is taxpayer funded media that does not report neutral and hold the government accountable but instead acts like their PR agencies.
@sualtam9509
@sualtam9509 6 ай бұрын
It's very exaggerated. German industrial energy prices are average in EU. The main reason for economic stagnation is the bad performance of the Chinese economy killing exports.
@davidweaver9373
@davidweaver9373 6 ай бұрын
9:05...I remember when Trump made a speech at the United Nations decrying the fact that gemany's dependence on Russian oil and gas would come to bite them in the ass and the whole German delegation was shown laughing at him...Not so funny now is it
@kennedy6618
@kennedy6618 6 ай бұрын
@david, The Germans didn't have enough guts to stop you from blow up their pipe lines and now Germany has to buy the gas from USA at 4 times of the price...you are lucky that the Germans did not have any ball to dispute the backstabbing.
@frankthetank5708
@frankthetank5708 6 ай бұрын
Not only Germany, the whole UN has laughed about Trump's delusions. It wasn't about the dependency on Russian energy sources though. Nobody has expected that Russia doesn't keep it's treaties actually though.
@Gsoda35
@Gsoda35 6 ай бұрын
quite depressing when a silly politician tells ones country what not to do.
@cedricdellafaille1361
@cedricdellafaille1361 6 ай бұрын
Yep indeed! Hello to Europe's corrupt and incompetent politicians who are so bad
@Biskawow
@Biskawow 6 ай бұрын
Makes you wonder if CIA knew about what Russians were planning even back then.
@Solitas777
@Solitas777 6 ай бұрын
Germany needs the free trade bloc of the eu to export its goods. It also needs cheap Russian energy. It also needs workers. It needs US navy securing the oceans for it to import raw materials and export finished goods. Everything is falling apart. They got problems.
@ursulasmith6402
@ursulasmith6402 6 ай бұрын
They got their own navy.
@Solitas777
@Solitas777 6 ай бұрын
@@ursulasmith6402 not enough to project power more than 1000 miles off their coast. Not blue water capable.
@TheoOosthuizen-xs2nq
@TheoOosthuizen-xs2nq 6 ай бұрын
Correction, they don't need either of those things. The only country Germany technically needs an alliance with is the Netherlands for its ports. The only reason they don't have a large military is because they like Japan have laws that have historically prohibited them from doing so (not to mention there is no official peace treaty with Japan and Germany). So they could do all of those things, they just haven't been allowed to as of yet, and they haven't found the will to do so. The idea that the EU benefits Germany more than Germany benefits the EU is ignorant. Germany could have better trade with non-European markets outside of the EU, they could set their own tariffs as appropriate instead of blanket tariffs that don't actually benefit the German economy. If you go look at the EU budget, tell me which country contributes the most? That's Germany, they contribute even more now that the UK is gone. If Germany and the Netherlands leave the EU, and form an economic (but not political block like the EU) block, then they'd do perfectly fine. Can the same be said for many Eastern European countries that rely on the EU budget to fund their public institutions? The answer is no.
@JoeOvercoat
@JoeOvercoat 6 ай бұрын
@@ursulasmith6402 When trolling, grammar matters.
@Sovnarkom
@Sovnarkom 6 ай бұрын
@@Solitas777US and UK have more capable navies. But in an actual mission to defend sea lines of communication (Yemen right now), those Navies have been worthless.
@simon9070
@simon9070 6 ай бұрын
Germany shipped out manufacturing.... 75% of all BMW's now built outside of Germany??? Banking slobs firmly in charge
@Kai-kl6fe
@Kai-kl6fe 6 ай бұрын
I lived there for a year and the best job I was able to get was to be a delivery driver and paper boy as a second job. People hate you if you don't speak German. I came to the Netherlands where I am a senior datacenter operations engineer using only English language. They drive out talent then complain there aren't any skilled workers. Yet still thinking of leaving the EU. You get what you deserve...
@davidaxelos4678
@davidaxelos4678 6 ай бұрын
Great to hear You've learned decent English.
@charlespeterson778
@charlespeterson778 5 ай бұрын
You're lucky you got a job there
@siruoro6718
@siruoro6718 5 ай бұрын
So true! I also don't wanna spend my life in this messed up society
@Kai-kl6fe
@Kai-kl6fe 4 ай бұрын
@@user-yr4vp1jk7j I would advise to create a Linkedin account and start looking for jobs that interest you there. Also to save up some money to be able to pay for rent, deposit and expenses for 1-2 months at least in case you get hired and they don't offer relocation benefits. I actually started by moving here fist with funds enough to live for 3 months and started handing out CVs in the centre of Amsterdam at small businesses (they always have help wanted signs all around the place btw) and sending out CVs to opportunities I found online.
@ThereIsAlwaysaWay2
@ThereIsAlwaysaWay2 6 ай бұрын
All businesses are leaving Germany anyway. They are fucked. When you pay your gas 4 to 5 times the price you where used to, you cannot be competitive anymore and you have to leave.
@terryl858
@terryl858 6 ай бұрын
Trump did a great job You’re buying Russian oil at the same time America buying record amounts o f Russia oil
@terryl858
@terryl858 6 ай бұрын
Look it up it’s all there
@KbB-kz9qp
@KbB-kz9qp 6 ай бұрын
Once NATO wrecked the Nordstream line, Germany was fucked. They were stupid to go along with the Ukraine war.
@JH-mg2ml
@JH-mg2ml 6 ай бұрын
How can that be? I remember 2015 as a master student graduating in one of the better universities in Germany, the german banks and the media loudly envisioning an economic boom the next years due to all the engineers and doctors entering the country from the levante and africa. What happened? Greetings from the toblerone country.
@JH-mg2ml
@JH-mg2ml 6 ай бұрын
Ah I guess censorship was not enough to keep the wheels spinning. Too bad.
@lordvectrex
@lordvectrex 6 ай бұрын
Fun fact: Toblerone is no longer being manufactured in Toblerone country.
@NoidoDev
@NoidoDev 6 ай бұрын
Banks and media - two of the riders of the apocalypse.
@XarezX
@XarezX 6 ай бұрын
The green little people from their far away planet came to the reigns of power
@danamania150
@danamania150 6 ай бұрын
I guess the doctors and engineers were exaggerating on their resumes
@peterlast3200
@peterlast3200 6 ай бұрын
Bureaucracy in Germany may cause PTSD.
@frankerzed973
@frankerzed973 6 ай бұрын
True. Just got a job in Germany, and the process of moving is more complicated than anything else I have ever seen
@param888
@param888 6 ай бұрын
l left this country after working for decade, it is a psycological rape machine. suffering with PTSD now. very true.
@skywell6049
@skywell6049 6 ай бұрын
​@@frankerzed973 too many rules, no agilility in prozesses
@chris0000924
@chris0000924 6 ай бұрын
"Just following orders"
@francescoporcari8597
@francescoporcari8597 6 ай бұрын
As an Italian, Italian bureaucracy is even worse.
@stevehayward1854
@stevehayward1854 6 ай бұрын
The EU is stuffed if the power house of the EU, Germany, declines
@arktseytlin
@arktseytlin 6 ай бұрын
The French will take over, with Sweden, Netherlands, and Poland.
@kerkiraz
@kerkiraz 6 ай бұрын
The whole European Union is financially up shit creek without a paddle. Every country drowning in debt and mass immigration a giant Ponzi scheme if you like. Like you say when Germany falls the whole continent goes with it excluding Norway.
@WannabeShady90
@WannabeShady90 6 ай бұрын
France is even worse off than Germany, Sweden is at the brink of civil war after they allowed mass migration, Netherlands is so divided they can't form a government and Poland lives off German money via EU and German companies creating Jobs in Poland. If German money dries up, Poland is the first country to go down. 😂
@stevesherman1743
@stevesherman1743 6 ай бұрын
Nord Streams destruction means Germany’s decline.
@arktseytlin
@arktseytlin 6 ай бұрын
@@stevesherman1743 shouldn't have built them in the first place. This was a deal with the devil. Should have kept nuclear power. Germans unfortunately are a lot less smart than are given credit for.
@Humanaut.
@Humanaut. 6 ай бұрын
I remember when i was a teenager in germany, i kept hearing economic growth % of gdp on the radio and i hated that everything was always about economic growth. Now i miss those days - having grown up and realized how important a functioning economy is.
@garyzies3486
@garyzies3486 6 ай бұрын
If there is no growth, the system collapses...Green Ideologies, Socialism and a Government Planned Economy has never worked out well for any country.
@Humanaut.
@Humanaut. 6 ай бұрын
@@garyzies3486 depends. For the most part yes but not entirely. At the heart of the system you need a free market meritocracy. But what do you consider socialism? Functioning healthcare? And what do you consider a planned economy? Because all large economies are a hybrid of planned economy and free market enterprise nowadays, that includes the usa.
@garyzies3486
@garyzies3486 6 ай бұрын
@@Humanaut. Regulations to provide a fair market places and to prevent monopolies does not equal socialism. A planned economy is an economic system where the government controls and regulates the production, distribution, prices, and allocation of goods and services. In a planned economy, decisions regarding labor, capital, and natural resources are subject to government control and regulation. This system contrasts with a market economy where decisions are driven by market forces. In a planned economy, also known as a centrally planned economy, a central authority makes decisions regarding economic activities rather than market participants. Ask Mr. Habeck how it's working out for Germany.
@Briand-ei1gs
@Briand-ei1gs 6 ай бұрын
​@Humanaut. It is the money itself which is the problem. You need real money not a currency that cam be created out of thin air. God gives 3 main instructions regarding money. Honest weights sbd measures, no usrt( interest on money loaned) and debt is slavery. Your money breaks all 3
@Humanaut.
@Humanaut. 6 ай бұрын
@@Briand-ei1gs "God gives" - no, you believe X. God doesn't give X. I don't believe what you believe. Don't assume it to be a universal. You can believe in your religion or the tooth fairy, just don't assume people share your opinion when it is literally based on blind faith instead of reason and has not exactly produced good results in terms of high powered economic growth. "Your money" - I assume you're coming from the Islamic context given the criteria you mentioned. How well is the economy of the Islamic world working right now? What are the best functioning Islamic countries in terms of institutions and economy and are any of their economies built on something other than oil?
@charlycharly8151
@charlycharly8151 6 ай бұрын
« Merkel was not able to imagine what could happen »… maybe she could have paid attention to warnings from politicians and expert from the UK, US, France, Poland, the Baltics who regularly warned that the first economy in Europe being so much dependant of Russia was not a good idea…
@sblbb929
@sblbb929 6 ай бұрын
Aside from France those countries are being dependant on Russia themselves in various ways. Not to speak of the fact that the US did the same thing with China
@anthonykoller4459
@anthonykoller4459 6 ай бұрын
President Trump Warned Germany Against using Russian Oil and Gas and to be more self sufficient and Merkel and the rest of the Politicians laughed at him and it turned out that he was right, thank God for Germany that she is out of the Picture because her politics has become a anchor for Germany and opening the borders for one million refugees was a big mistake and now there are calls for Germany to leave the Eurozone and if that happens, Europe will Collapse into chaos for decades to come.
@questcoast
@questcoast 6 ай бұрын
If it is all it takes to ruin on of the world's biggest economies, than that''s pathetic.
@flopunkt3665
@flopunkt3665 6 ай бұрын
Merkel didn't think Putin was that crazy. Her idea was that mutual dependencies are the best way to create stability. Russia needed Western technology and money just as much as the West needed Russian gas. To be fair, that strategy helped cool down tensions between West Germany and the USSR for many decades. So why would Merkel have dropped that policy?
@o_o825
@o_o825 6 ай бұрын
Do you remember when Europeans mocked Americans for threatening sanctions on Germany for Nordstream 2? What great "allies".
@cathyk9197
@cathyk9197 6 ай бұрын
Germany had a terrorist attack earlier this week on an electric tower outside Berlin. Took out power to the Tesla factory, homes, hospital, etc.
@TerribleIT
@TerribleIT 4 ай бұрын
From where I stand, it seems inevitable Germany will nosedive. I am early in my IT career and have had experience with a few German companies. They treat information technology like it's the factory of the 20c. Things are getting abstracted and complicated and it's painfully obvious they are not prepared. Like, I would go to my supervisor in an alleged startup and say "hey, this and this will improve the process or protect us" or something like that and they immediately shut everything down, protecting their comfort zone at any cost. No self-respecting foreigners will ever work for Germany, no matter how much money they throw at us.
@dharmoslap
@dharmoslap 24 күн бұрын
You are having seemingly comparable situation to mine. In the end it's really not worth it, becase the salaries aren't that great here. Never have I've seen such a clueless management like in German IT companies or startups.
@thomaseck3210
@thomaseck3210 6 ай бұрын
Nothing is "on the brink". The current crisis was at least a decade in the making and really cannot surprise anyone with two eyes open. Germany is in a phase in which massive know how is leaving the labour markets due to the boomers retiring (entirely predictable), a phase in which the artificially cheap Russian gas is no longer flowing (entirely predictable that this was going to end sooner or later due to the expansionist state terror of Russia), and its export machine to China stutters due to shrinking domestic demand in China (entirely predictable). Germany must now solve its long standing issues concerning lack of investment in infrastructure and education, its developing country status concerning digitalization and modern public administration and solve its demographic crisis through a modern immigration law. Some of these, the current government has actually tackled quite well and that's within Germany's biggest crisis since the end of the war. Others, the government seems not to want to tackle or not be able to due to internal struggles. This will come back to bite us because everything that doesn't get solved now will have to be solved down the line, just more expensive. So this narrative that everything was so great 5 or 10 years ago and now has miraculously turned to shxxt may be an attractive narrative for a superficial online crowd, but 80% of what is happening now was entirely predictable 10 years ago. Main problem is similar to the UK's: Austerity in the 2010s when the money was cheap, and low productivity growth.
@Check258
@Check258 6 ай бұрын
Excellent comment and to the point. Thank you.
@gmw3083
@gmw3083 6 ай бұрын
Russia isn't expansionist. It's defending itself. Germany should learn how to do that. It wasn't Russia that did Nordstream. There was nothing in this OP about Scholz being DCs lackey ..
@gmw3083
@gmw3083 6 ай бұрын
Russia isn't expansionist. It's defending itself. Germany should learn how to defend itself from its key allies. The ones who did Nordstream
@Rob_F8F
@Rob_F8F 6 ай бұрын
Russia has added three oblasts to itself. That is, by definition, expansionist. Given a collapse of Western support for Ukraine, Russia will expand across that entire country.
@gmw3083
@gmw3083 6 ай бұрын
@Rob_F8F If you noticed, Medvedev recently showed a map of a potential future for Ukrainian territory. It was aimed at Poland and Romania taking large pieces of west Ukraine. Russia intends to create a border region buffer zone. This is defense. Not offense..
@Noah1976-c1u
@Noah1976-c1u 6 ай бұрын
After ww2, Germany is an American colony.
@dharmoslap
@dharmoslap 24 күн бұрын
You meant American colony dependent on China?
@dharmoslap
@dharmoslap 24 күн бұрын
There is no other Western country dependent more on China than Germany.
@DJEDzTV
@DJEDzTV 4 ай бұрын
Russia & Germany are natural partners and could benefit bilateral from working together, USA doesnt like this idea and would go far to distrupt any work or destroy trust between the two. There is an old saying in Poland, when the two black eagles join forces - the white eagle in the middle dissappears from the map. The black eagles are metaphors for Germany and Russia, white eagle is Poland. There was another saying by an American general if i remember correctly "Us must keep the Germans down and keep the Russians out" I think Germany is not free while it has US bases in their country, uncle Sam will dictate the foreign policy for Germany, even when it is destructive to the German economy.
@samthesuspect
@samthesuspect 6 ай бұрын
Crazy how large Chinese car brands are in Europe, as an American I had never even heard of that brand.
@thecomment9489
@thecomment9489 6 ай бұрын
It's because the regime in Washington isn't allowing the Chinese EVs to enter the US market, at least not at competitive prices because the members of the regime own stocks in US EV makers like Tesla. But the Yankee rabble must pay much more for those overpriced American EVs in the name of making America great... again. Duh.
@zukritzeln
@zukritzeln 6 ай бұрын
I think MG is actually an old British brand that was bought up by a Chinese conglomerate around the time of the financial crisis.
@strigoiu13
@strigoiu13 6 ай бұрын
we did not hear about it either and UK is not exactly europe right now. anyway, never saw a byd car on any street so far and supposedly, they took over the japanese manufacturers in numbers...where are BYD cars selling? in africa, south america?are they giving them away for free?
@Ash-vt5cp
@Ash-vt5cp 6 ай бұрын
There's tonnes of MG classic cars in the UK. I've never seen a new one though, like, 2000+
@zukritzeln
@zukritzeln 6 ай бұрын
@@strigoiu13 The UK is a European country.
@gyorgygajdos1657
@gyorgygajdos1657 6 ай бұрын
Nothing is done quickly in Germany
@viktorianas
@viktorianas 6 ай бұрын
Blitzkrieg
@ordoabchao4202
@ordoabchao4202 6 ай бұрын
​@@viktorianasyou beat me to it! lol
@AugustGrasth
@AugustGrasth 6 ай бұрын
That's wrong. We're really fast at shutting things down without having a real concept, like atomic power plants because of an earthquake in Japan, coal power plants because climate, or the whole economy once there's a virus
@craigmorgan4676
@craigmorgan4676 6 ай бұрын
That's strange how efficient they are?🙈🙈🤷🤷🤷
@JonathanWrightZA
@JonathanWrightZA 6 ай бұрын
They cancel trains quickly...
@TheUntypicalGerman
@TheUntypicalGerman 6 ай бұрын
I have left Germany 14 years ago and sad to say, but I miss it *zero* ..
@grantcarpenter9722
@grantcarpenter9722 6 ай бұрын
Am I insane, or have I seen this same video pop up across like five different channels in the past week?
@Shahkabul3399
@Shahkabul3399 6 ай бұрын
This is modern KZbin for you, you will mostly find 10 videos on the same topic, yet no new perspectives on the issue
@LazyB00M
@LazyB00M 6 ай бұрын
It seems to be bullshit shared around to incite spirits. The economy is actually doing well.
@MagMar-kv9ne
@MagMar-kv9ne 6 ай бұрын
Yes.
@eightssix
@eightssix 6 ай бұрын
It just shows there is someone behind the scenes pushing a narrative.
@maximilianmander2471
@maximilianmander2471 6 ай бұрын
me too! And yes we Germans start to really complain about surging prices everywhere.
@amandarickets5448
@amandarickets5448 6 ай бұрын
Today, Chinese cars are better than Germany’s. 😂
@mjulianlee
@mjulianlee 6 ай бұрын
Agreed.
@dharmoslap
@dharmoslap 24 күн бұрын
If you had a look at Zeekr or Xpeng.. it's definitely the case
@a13xdunlop
@a13xdunlop 6 ай бұрын
Those sanctions an “decoupling” sure did backfire.
@donhuang9855
@donhuang9855 6 ай бұрын
When the German coalition government decided to kill the "Gooses that lay the GOLDEN EGGS"; cheap Russian energies that had fuelled the German economy for decades, and decoupling/de-risking Germany’s #1 trade partner (China), the fate of the German economy is destined for the toilet. The German economy and by extension, the EU, has seen gone south and will likely stay in that direction for decades while the economies of the USA, Russia and China are projected to grow by leaps and bounds (3% - 5%) within the next 5 years.
@samthesuspect
@samthesuspect 6 ай бұрын
How so? In the video they made it seem like the idea of decoupling came to late, and should of been implemented earlier. IE Cheaper Chinese EV's flooding the market, outselling the local German counter part because they can't compete on price.
@zadovrus1624
@zadovrus1624 6 ай бұрын
​@@samthesuspect China is able to put up tariffs as well, what would happen to EU goods in China then?
@r3dpowel796
@r3dpowel796 6 ай бұрын
@@samthesuspect how can Germany enjoys prosperity if it sanction everything essential to its economic growth Russia used to be a major buyers of German cars too and Oil Iran Rich.
@robintan502
@robintan502 6 ай бұрын
@@samthesuspect chicken and egg which comes first? they can no longer compete on price because of the US coerced loss of the advantage of cheap Russian energy, the the US coerced loss of the Russian car market, the US coerced distractions of having to divert German resources to the war effort, and finally the US coerced decoupling generally means less German cars produced in China that can be exported to USA (didn't you read about USA weaponized " Xinjang" to target Volkswagen, not limited cars). The US coerced decoupling of German companies based in China, also means a significant chunk of company resources are spent on "derisking" German manufacturing to less efficient countries or go back to expensive Germany - further impacting competitiveness and advantage. How to compete on price like that?
@francisamewode233
@francisamewode233 6 ай бұрын
Germany shot itself in the foot.
@mma93067
@mma93067 6 ай бұрын
Trying to protect german manufacturers by targeting Chinese companies is gonna hurt in the long term. China with the largest domestic market will continue to innovate and leave their german counterparts in the dust if competition isn’t fostered. The car manufacturers have not even tried to make an affordable EV. Making luxury vehicles when the avg person is tightening their wallet shows that they are out of touch with reality
@happymelon7129
@happymelon7129 6 ай бұрын
Just the gov issue, cause by foreign politicians. All the 4 largest cooperation already have many join investments in many China supply chain to continue riding the bus.
@ursulasmith6402
@ursulasmith6402 6 ай бұрын
EVs are exploding all over the world. No death traps for me!
@gunwu9084
@gunwu9084 5 ай бұрын
Right. The success of the VW beetle was due to its affordability to the masses. Which is why the brand is called "Volkswagen", it means People's car. Unfortunately, all of the VW cars have not been affordable by the average joe for ages. They only focus on rich ppl and luxury cars. For average joe the better choice was therefore a SEAT car. They used to offer the smallest car for just 10,000 EUR - and a model similiar to VW Golf, but with better design even called SEAT Ibiza for maybe 15,000. SEAT is a Spanish subsidiary of VW, means the cars do have VW motors and can therefore be repaired easily by any auto mechanic allover Germany/Spain etc.
@Ninnoa
@Ninnoa 6 ай бұрын
I deliver and pick up packages for about 70 companies in germany from various sectors. I do that for 3 years, always same companies. I can tell you that number of packages decreased for about 20% in last year. In last 2 months even worse. And dont hire new workers. Not sure general public is aware how bad is getting.Especialy for industry and production.
@dharmoslap
@dharmoslap 24 күн бұрын
If Germany was just stagnating, now the real recession might be coming soon.
@JoeEvermore
@JoeEvermore 6 ай бұрын
Germany only has itself to blame.
@JoeEvermore
@JoeEvermore 6 ай бұрын
Germany’s socialist system makes individual Germans poor. Most Germans earn small salaries….they are not rich people. The wealth taken from the people by the government is the reason Germans are poor.
@William.Mancini
@William.Mancini 6 ай бұрын
*The current state of the economy is unduly difficult for most millennials, myself included. We've seen major increases across the board for rent, food and utilities; they are at least twice as high as a year and half ago. Talking about money, my primary concern is where to invest*
@edna.Chavis
@edna.Chavis 6 ай бұрын
*Honestly i feel right now e commence among other sectors are expected to really see growth but who know i might be wrong, These days the market is filled with surprises.*
@shana.ball3
@shana.ball3 6 ай бұрын
A wise person must know that in order to build success, they must invest wisely and have the proper knowledge or guidance in the financial market.
@robertl.anderson
@robertl.anderson 6 ай бұрын
*Exactly and many of us don't know where to invest our money so we invest it on wrong place and to the wrong people*
@francisamewode233
@francisamewode233 6 ай бұрын
Replacement of cheap Russia gas with more expensive alternatives was a big mistake.
@benfowler1134
@benfowler1134 6 ай бұрын
Freedom isn’t free
@dharmoslap
@dharmoslap 22 күн бұрын
That's not the theo only reason for recession, decling demand from China and high interest rate are almost more important.
@RikuLeppanen
@RikuLeppanen 6 ай бұрын
Greetings from Germany. Here the price of electricity is now around 50c/kWh. This is a very high price and will create a lot of problems for many people who simply cannot afford it. No wonder that AfD is gaining ground in the polls. People are utterly fed up here.
@Andy-pu1gx
@Andy-pu1gx 6 ай бұрын
Since 9 month I pay 26 cents in Germany. Many of my friends have the same up to 30 cents. Please notice that the German government put a price cap at 45 cents. Use price comparison tools.
@larryc1616
@larryc1616 6 ай бұрын
19c here in LA county anytime but 4pm-9pm(peak pricing) weekdays
@yuriymolodkin
@yuriymolodkin 6 ай бұрын
My contract is 0,31EUR and it's a fixed for 1 year. I could have applied for 0,26EUR flex. Don't say it's cheap, but let's take facts, not fantasies.
@zarpeter_1
@zarpeter_1 6 ай бұрын
spätestens wenn man einkaufen geht sieht man wieso AFD ortsweise bei 30% steht 😂
@FreeWanderingThinker
@FreeWanderingThinker 4 ай бұрын
Es ist noch viel Luft nach oben ...
@fineart8089
@fineart8089 6 ай бұрын
It is not correct that the decision of the Federal Constitutional Court surprised everyone. Rather it is the case that the long-standing top officials in the Ministry of Finance, who, in contrast to the Finance Minister and his state secretaries, are not elected, but owe their position through their, often, decades of service in the Ministry of Finance, warned the Finance Minister and his entourage from the start, telling them that the Federal Constitutional Court would have to declare this budget draft illegal. However, for unknown reasons, the political leadership decided to ignore all of this advice - which turned out to be on spot very soon
@nickcheema907
@nickcheema907 6 ай бұрын
you can thank Merkel
@zoeydeu2261
@zoeydeu2261 6 ай бұрын
Hope Germany won't exit like the Brits did. Look how poorly the UK is doing after Brexit! This will be like adding catastrophe on top of misery.
@allanhutton1123
@allanhutton1123 6 ай бұрын
I would turn to Sharia law as becoming an Islamic state always fixes all economic and social issues.
@silvialittlewolf
@silvialittlewolf 6 ай бұрын
I'm German, and I can't even begin to tell you how frustrated I am with the decisions of ALL of our politicians, both those in power and those in opposition. Worst of all is the AfD; their rise worries me awfully. ETA: And I have always disliked Ms. Merkel, now even more than before. Nearly all the problems we have to deal with now can be traced back to her!
@reduniverse796
@reduniverse796 5 ай бұрын
Jetzt mal ehrlich bald kommen eh die Wahlen und welcher Partei wäre besser geeignet um überhaupt wenigstens das Land etwas besser zu machen als CDU? Merkst du nicht seit die CDU nicht mehr gewählt wurde wie viel Chaos es in den letzten 3 Jahren gegeben hat? AFD, Grüne und SPD sind die drei Parteien die DE nur noch kaputt macht.
@hhkk6155
@hhkk6155 6 ай бұрын
Fun fact, they tried to arm twist the RU to make gas even cheaper ( the whole spot price debacle 😅). How it turned out you know 😅
@mikexhotmail
@mikexhotmail 6 ай бұрын
Yep.
@lientruong2500
@lientruong2500 6 ай бұрын
Karma is a bitch 😆
@happymelon7129
@happymelon7129 6 ай бұрын
Why G7 falling ... G7 meeting: Focus On geopolitics for politicians interest. To divide and create/amplify conflict in others home for weapon sales, exploit. BRICS meeting: Focus On economy for the people interest. Food and better life for the people.
@havencat9337
@havencat9337 6 ай бұрын
exactly... the problem is that the rest of G7 was fine before US started becoming insecure and plain nasty...seeking destruction
@helmutkohl8336
@helmutkohl8336 6 ай бұрын
Pretty accurate summary of the overall situation, the lack of thinking ahead by the leading politicians, the overreliance of many big Germany companies on those politicians and the ruling of the high Court in matter of the "Schuldenbremse" (from my p.o.v.). Sadly the problem doesn't stop at the federal level but also applies to the governments of the single federal states or "Bundesländer" and locale governments. The relationship between these three entities can be more difficult than trying to follow game of multidimensional chess after six "Herrengedecke" (A beer and a shot). For example there is the so called "Konnektivitätsprinzip" which defines when the federal or state government has to provide actual funding for policies they want to implement on a lower political level . There are situations where a local government actually has to finance the implementation of a policy ruled by the federal or state government all by themself, because due to "juristic black magic" the upper political level does not need to provide any money which they often take advantage of, due to the tight debt rules and the debt ruling is often much more tight on the state or local level. (Imagine like someone ordering food for you in a restaurant, no matter if you wanted it or not and leaving you the bill) Of course, this may sound like the situation is even much more worse, but on the other hand this can sometimes result into local governments, companies and other institutions having no other to rely on than themselves, resulting into them acting much more efficient and competent than any state or federal actor could. For example local SME working together with schools and local politicians in order to quickly integrate migrants into the local labour market or trying to develop the local potential of renewable energy. Of course this is not always the case and everything would be better with real financial support from the federal government instead of simply running on thin local resources and often nothing more than "good will" of single individuals. The situation is still "dire" but one should try not to lean to heavy into German doomerism. Germany should try to reinvent its own federal structures and try to focus more on the local level instead of upperclass bureaucrats in Berlin who make five figures a week and do not carry any responsibility.
@garyzies3486
@garyzies3486 6 ай бұрын
Green ideologies, socialist parties and policies, shutting off power plants during an energy crisis, feeding and housing a flood of illegal and non-eligible asylum seekers, an aging population and low birth rates, the inability to attract foreign qualified workers, high taxation, a fiscal and financial crisis, non-competitive industry etc. etc. Good luck in turning that around. As Germany goes, so does the EU!
@vichetkim5533
@vichetkim5533 6 ай бұрын
The economic troubles inflicted on western countries is a direct result of integration with people from over a hundred countries because people will always wish to return to where they come from if living standards are not an issue. The lesson that the anglosaxon countries will never learn is that people who don't learn the lessons of the mistakes of history are destined to repeat the mistakes of history.
@christophetreboutte2656
@christophetreboutte2656 6 ай бұрын
too much power given to politicians..
@girardedward
@girardedward 6 ай бұрын
Should Americans leave to let Germans figure it out?
@terryl858
@terryl858 6 ай бұрын
The elites are so far removed nits incredible
@emwutube
@emwutube 3 ай бұрын
Germany, and Europe as a whole, need to quit spending billions on the green climate projects and put the money immediately toward defense and industrial projects including all types of energy, fossil, nuclear, as well as renewable. Keep the ability to make fossil fuel cars, and have productive agricultural systems as well as the work force that has the skills. Accept that the climate is going to change as it's done since the beginning (besides, the earth doesn't care about climate change as it's not alive and will be here long after us) so we need energy to heat and cool our homes and make products to allow the population to be happy and non-restive. Quit obsessing over climate change as Europe needs energy and the intermediate products of gasoline and diesel production to make goods (like clothes and medical supplies, etc.). The Communist countries (Russia, China, and North Korea) and the Islamic countries (Iran and their cronies) could give a shit about climate change but they do give a shit about conquering other countries and imposing their ideology on whoever is left alive after they do it.
@winstonsmith6204
@winstonsmith6204 6 ай бұрын
It's wild, I have a technical skill and have look tirelessly at how to immigrate to Germany for family reasons. One thing the Germans love are their TAXES. They make it so unappealing to live there with their tax laws I just say screw it and fly back and forth more frequently.
@phil1pd
@phil1pd 6 ай бұрын
It's gonna get a lot worse for Germany soon, starting with their auto industry.
@ベン-q6u
@ベン-q6u 6 ай бұрын
Toxic EU-Regulations and the phenomenal incompetence of the government are giving the economy a hard time at the moment. BUT, luckily we are living in a democracy and there will be both in Germany and the EU elections in the near future. 🇩🇪🇪🇺
@TheSandkastenverbot
@TheSandkastenverbot 6 ай бұрын
Name one toxic EU regulation and tell us why EU is widely seen as THE regulatory superpower world wide.
@KP-kg2ky
@KP-kg2ky 6 ай бұрын
​@@TheSandkastenverbot All ecology regulations.
@gmw3083
@gmw3083 6 ай бұрын
​@@TheSandkastenverbothey garden dweller. Even Borrell realizes the jungle is overtaking your imaginary paradise..
@christophkral191
@christophkral191 6 ай бұрын
Banking is overregulated with climate and ESG stuff.
@HenselArt
@HenselArt 6 ай бұрын
„Phenomenal incompetence of the government“ 💯💯
@SurprisedAquariumFish-je8kw
@SurprisedAquariumFish-je8kw 6 ай бұрын
It's America and Europe is Keeping Germany Backwards.
@simaosimoes
@simaosimoes 6 ай бұрын
Who could've guessed that a country relying on Russian oil and gas would struggle once the sanctions hit It's hilariously tragic, but to each their own
@BojanPeric-kq9et
@BojanPeric-kq9et 6 ай бұрын
Come on, it was REALY hard to predict.😂 I mean, just look at Baerbock, she isn't fit to keep on eye two drawn sheep.
@nico3064
@nico3064 6 ай бұрын
It's a big part of the problem but by far not the only one. Bullshit things like CO2 taxation, increased toll for trucks, etc. hits us hard. Those idiots in our government already pay the price. Less and less people vote for them. Things are in a rough state currently. Not to mention the stupid things the EU Parliament is doing
@ssrmy1782
@ssrmy1782 5 ай бұрын
It doesn't matter. Same as the temporary hit Britain took leaving the EU. The overall, long-term strategic goal is to free yourself from external manipulation by undemocratic and fascist states led by tyrants.
@EE_GEEK_369
@EE_GEEK_369 6 ай бұрын
That's absolutely non sense and had nothing to do with reality. Yes, Germany is one of the countries with lowest barriers to immigration, but not for highly skilled, talented, educated, and smart individuals, not at all. Germany is host now to millions of refugees who crossed the borders illegally just because of EU's stupid and naive policies which made things harsh on everyone else, including those people themselves. I'm Syrian myself and I live in Turkey since the beginning of war in Syria. I wasn't very enthusiast about this illegal immigration from the first moment as I can make living and support myself and my dependents out of my own home-based online business which I have established 20 years ago. I'm a tech insider, electrical engineer, programmer, and designer. Besides, I have US education. Nevertheless, there's no and I mean it NO SINGLE WAY for me to apply for a visa to get to Germany, or any other EU country so I can just continue to live independent of any government or non government subsidies, like the majority of those who crossed the borders illegally. Well, I still have plans to go back to the US to pursue graduate studies, and that probably why I stayed here for long time, besides, I don't think it's worth it to risk my life to get to Europe illegally. However, I'm not quite happy here because I don't like crowd, noises, people, and I have no friends, I don't speak the language, and I prefer to live alone in a cottage away from people. All I need is nature, clean air, safety, peace of mind, and of course, access to basic necessities so I can continue my studies, business, projects, you name it. Well, Probably that's what they call a "Digital Nomad" life style. Unfortunately, 85% of those Germany, and other top hosting countries opened doors for are now suffering because they don't share the same values and traditions. So, yes, as said earlier, they are themselves miserable in Europe. All in all, Germany, along with other EU countries, brought disaster on it's very own land, and I not only this, but I presume that this EU refugee policy is giving criminals, human traffickers, and smugglers a great chance to make business and prosper, while destroy the life of others by selling them a fake dream and a virtual-reality they once thought they want to be in, and making it impossible for decent and skilled people, that Germany and probably others economies really need them, to come and make it. Of course, who care to listen or to talk to you while hundreds of thousands are already there without jobs, without language, and without a durable solution.
@ahinnna28
@ahinnna28 6 ай бұрын
Germany is sacrificial. Germans never conplained about the sabotage of NordStream pipeline. Germans volunteersed to be the ‘menu’ on Blinken's dining table. All is great.
@Th3SilentObserver
@Th3SilentObserver 6 ай бұрын
Yes Germany is Argentina now. No. Just kidding. Tired of all this Doomerism. Its called a recession
@hemantpatil733
@hemantpatil733 5 ай бұрын
Limit your harness on german shepherd 😂.......love from india ❤❤❤❤
@stevehayward1854
@stevehayward1854 6 ай бұрын
The orange man bad warned them about getting reliant on Russian gas and they laughed in his face but they arent laughing now
@dagda3000
@dagda3000 6 ай бұрын
And what would have been the solution? Buying expensive US energy?
@infidelheretic923
@infidelheretic923 6 ай бұрын
He wasn't the only one to give them this warning. And other things Trump did with regards to Putin were let's just say less than helpful.
@infidelheretic923
@infidelheretic923 6 ай бұрын
​@@dagda3000 Poland did have a plan in place for this eventuality despite being very dependent on Russian gas themselves. They built a pipeline to Norway and a regasification plant on one of their ports. Just in case Russia ever decided to pull the plug. They also considered but haven't yet committed to building nuclear power plants.
@stevehayward1854
@stevehayward1854 6 ай бұрын
@@dagda3000 It's very obvious, Germany was the leader in Europe of renewable energy, aka Solar Energy, but they turned their back on it because they couldnt make them as cheap as Chinese, so they gave it completely. Renewable energy is the cheapest form of energy generation, very low CAPEX, and very low OPEX, therefore fastest ROI. Instead they chose a very expensive of energy generation were their CAPEX was tied to foreign fuel imports, big mistake. They should have invested in the grid, grid storage and renewable energy projects or at least gave tax breaks to investors to all of those. But they took the easy way out and now they are paying the price
@stevehayward1854
@stevehayward1854 6 ай бұрын
@@infidelheretic923 Possibly but it was the right decision which not carrying it out has back fired on the German economy, when once upon a time Germany was a leader in renewable energy ie Solar Panels
@WolfgangBrehm
@WolfgangBrehm 6 ай бұрын
What I would do if I was king of Germany: 1. Reduce taxation and bureaucracy 2. Reduce "social" spending 3. Stop immigration of people that can't find highly valued jobs 4. Remigration 5. Generate cheap electricity with nuclear power What I actually did as a highly skilled German worker that does not want to suffer the consequences of an ever idiotic government: 1. Emigrate to Switzerland 2. Profit
@kqckeforyou4433
@kqckeforyou4433 6 ай бұрын
*reduced taxation and social spending is a hard thing to achieve and maybe Not that mutch needed if the bureaucracy can be reduced which consumes massiv amount of rescouces often for nothing
@juimymary9951
@juimymary9951 6 ай бұрын
Returning to nuclear energy is virtually impossible during a recession since it requires massive public and private financial efforts, they dug their own grave and now they are about to lay in it
@Heegooat
@Heegooat 6 ай бұрын
Bureaucracy is the super power of Europe. Like that movie Brazil where you would organise with your utility for a technician to break into your house and illegally do repairs to avoid endless paperwork.
@nico3064
@nico3064 6 ай бұрын
​@@kqckeforyou4433It's very easy to achieve. Going back to the essentials would save a ton of money, therefore decreasing tax isn't only possible, it's necessary. In a recession a state is the first one who has to save money
@juicyfruit4378
@juicyfruit4378 6 ай бұрын
The main problem with Germany is that their structure has little to no flexibility to change with the times or given situation. This was evident when Germany cancelled all nuclear power stations without having a plan in place to absorb the void created by said move. Also, the German government is bending to the party in power and assigning massive responsibilities to individuals who have ZERO knowledge or background to what they are supposed to oversee and manage. The work conditions are robotic to downright brutal in most large conglomerates where even bathroom breaks are monitored for productivity lost - ridiculous. More and more Germans entering the workforce a dissatisfied with the grueling schedules, no room for growth or flexible approaches to problem-solving hence why highly educated Germans are leaving for other countries to advance being replaced by lower-skilled immigrants or Germans who are content with the status quo.
@rabokarabekian409
@rabokarabekian409 6 ай бұрын
Has anyone ever sat through a YT economic vid that didn't have a clickbait title and doom-scroll spin on contradictory information? Is there any country at any time that couldn't be said to have huge problems it needs to solve? The old joke holds true, "Economic experts have successfully predicted nine of the last five crises."
@davidaxelos4678
@davidaxelos4678 6 ай бұрын
Best comment😂😂😂
@vadympavlovskiy8398
@vadympavlovskiy8398 5 ай бұрын
😂😂😂
@andrewschmitz9756
@andrewschmitz9756 6 ай бұрын
Germany has been warned about depending on russian gas by the bad orange man...
@dagda3000
@dagda3000 6 ай бұрын
And what was the potential solution? Buying more expensive energy from someone else?
@anticovidnineteen1290
@anticovidnineteen1290 6 ай бұрын
@@dagda3000 Buying Oil originated from Russia, Assemble in India/etc.. Free Money for Third Party and More money to Putin makes Putin praise USA whole heartedly😅😅.What a world Politics.
@sblbb929
@sblbb929 6 ай бұрын
Right, so that Germany buys expensive Oil from the US. So instead of high energy prices in 2022 it would have been high energy prices in 2018.
@guydreamr
@guydreamr 6 ай бұрын
@@dagda3000 Uh, not closing down the nuclear industry for starters.
@andrewschmitz9756
@andrewschmitz9756 6 ай бұрын
Diversify its sources, invest in nuclear power, search for deals and other pipelines coming from the caucasus or mediterranean and have in mind some basic geopolitics. And at the time the germans laughed. Sometimes germany's pragmatism is overshadowed by it's stubbornness, like being overly agressive against nuclear power. Greetings from Brazil @@dagda3000
@blackmirroxx
@blackmirroxx 6 ай бұрын
Skip ideals and use pragmatic (less popular) solutions like cut down expenses and reduce taxes
@Charliegsand
@Charliegsand 5 ай бұрын
I chose not to purchase a German vehicle recently as i like to keep my vehicles a long time and was concerned about parts availability/costs in the future.
@jb.9526
@jb.9526 6 ай бұрын
Germany is paying now for the stunningly stupid decision to close all of its nuclear plants, which couldn't have come at the worst time as it coincided with the war in Ukraine and the resulting skyrocketing energy prices. It's also paying for its short-sightedness regarding the car industry, namely being too slow to adapt to the hybrid and EV market. It's during a historic transition like this that companies stuck in their ways end up losing substantial market shares.
@informedchoice2249
@informedchoice2249 6 ай бұрын
3rd largest economy in the world. Contracting by 0.3% per quarter. Still has massive production capacity. Primarily, its energy supply issue was a problem. Hardly collapsing is it?
@toom2141
@toom2141 6 ай бұрын
Yeah you are right. Bit do you think anyone would click on a title like "Germany currently having some issues but not too bad from the actual numbers"
@benjaminh.7698
@benjaminh.7698 6 ай бұрын
Click Bait ;)
@informedchoice2249
@informedchoice2249 6 ай бұрын
@@toom2141 Lol yeah good point!
@ddrid854
@ddrid854 6 ай бұрын
i agree with you, this is anti european propaganda by anglosaxon media, same thing against the eu on the verge of collapse
@stevehayward1854
@stevehayward1854 6 ай бұрын
But it's worse as the terminal decline in ICE cars will kill the industry, that powers the EU German car industry has no clue how to transition to EV's, which rely heavily on software to make them work efficiently. The German car industry has at best 10 years of declining sales before it's all over
@Tonius126
@Tonius126 6 ай бұрын
I remember Trump warning germany of thier reliance on Russian gas and they were just laughing at him. Now their arrogance came to bite them.
@vladimirgineyev922
@vladimirgineyev922 6 ай бұрын
They laughed because cutting dependence on Russian gas make them dependent оn more expensive American gas.
@Tonius126
@Tonius126 6 ай бұрын
@@vladimirgineyev922 No, Qattar, UAE would salivate to get into the german market, not just american. It was german arrogance, plain and simple.
@vladimirgineyev922
@vladimirgineyev922 6 ай бұрын
@@Tonius126 you mean they compete with China on Qatar and UAE gas market. That's unreliable unlike US gas market.
@Tonius126
@Tonius126 6 ай бұрын
@@vladimirgineyev922 it would have still diversified German gas sources. Correct or no? Arrogance is their downfall.
@martinstock
@martinstock 6 ай бұрын
This was not the only argument he brought. He said also that Germany is by this funding Russia by doing so. One has to state that this argument was also mentioned in the US Congress. Is however bullsh*t as Germany had no trade deficit with Russia, while the USA had one.. Notably by buing cheap oil from Russia. So far for "funding".
@BaoNguyen-ky8xe
@BaoNguyen-ky8xe 6 ай бұрын
I am a refractory engineer who build furnaces for industrial plants. Fuel is a MAJOR part of all industries. Cutting off your cheap source and buying overpriced fuel from USA is just economic suicide. By the way, China's industries are now benefiting immensely from cheap Russian gas.
@JonathanWrightZA
@JonathanWrightZA 6 ай бұрын
You mention the difficulty of attracting skilled workers to Germany. I work for a German firm, but I live in South Africa 😁
@godwinochieng3022
@godwinochieng3022 6 ай бұрын
Perhaps racism effects profound in Germany.
@SatanIsTheLord
@SatanIsTheLord 5 ай бұрын
Nobody wants to pay 45%+ tax income.
@johannesaigner8501
@johannesaigner8501 5 ай бұрын
South Africa is a poor failed state, which is not doing well in anything
@JonathanWrightZA
@JonathanWrightZA 5 ай бұрын
@@johannesaigner8501 You should visit! Somerset West may as well carve off a piece and proclaim it an unofficial Bundesland of Germany
@canemcave
@canemcave 6 ай бұрын
all that strength in both UK and German economies were based on specific geopolitical conditions, change the conditions change the results. It's another proof yet that economies are as efficient as conditions allow
@lumo5691
@lumo5691 6 ай бұрын
Greens are the problem. Germany is amazing - they can't fall for their bs
@siruoro6718
@siruoro6718 5 ай бұрын
You think? Not the 16 years of apathy coming before that? The "greens" even managed to get more coal dug outta the ground than energy suppliers needed after the Russian invasion. Let's not forget about the Yellow FDP that keeps blocking everything everywhere and managed to make fossil fuels more expensive when trying to make it cheaper
@markmywords9372
@markmywords9372 6 ай бұрын
Trump tried to tell but they wouldn't listen. Das Kaput!
@ordoabchao4202
@ordoabchao4202 6 ай бұрын
German foreign minsiter Maass and his entourage were laughing at Trump in the UN GA when he warned they would make themselves dangerously dependant on Russian energy.
@pierangelobucci6026
@pierangelobucci6026 6 ай бұрын
Get rid of the sanctions and buying back cheap gas, oil and basic materials from Russia.
@Zed.Leppelin
@Zed.Leppelin 6 ай бұрын
Russia also expects some contribution since it won the war 😉
@m.h.4074
@m.h.4074 6 ай бұрын
My solution. I already have a job in Switzerland 💪 and will also move there.
@WolfgangBrehm
@WolfgangBrehm 6 ай бұрын
Ja Grüzi, ich wollte gerade das selbe schreiben!
@MagMar-kv9ne
@MagMar-kv9ne 6 ай бұрын
Switzerland is not exactly that safe either, economically speaking.
@4ndrew4w44
@4ndrew4w44 6 ай бұрын
Who care bout German economy ? Most importantly America and Ukraine are happy.
@fioralbannach6647
@fioralbannach6647 Ай бұрын
Hmm, you won the Einstein award, for that brilliant, and highly intelligent comment🙈
@dansands8140
@dansands8140 6 ай бұрын
Germany exiting the EU would be insane. The whole thing is a scam but it's Germany's scam, they're the beneficiaries.
@u.s.navy_pete4111
@u.s.navy_pete4111 6 ай бұрын
Germany won't leave the EU. They aren't stupid, lmao.
@eyeofthetiger7
@eyeofthetiger7 6 ай бұрын
Europe needs more of it's right-wing policy medicine. Excessive far-left policies are the cause of all of this.
@rickbhattacharya2334
@rickbhattacharya2334 6 ай бұрын
It's really sad to see Germany suffering like this. Multiple wrong policies lead to this. 1. Germany let unskilled unproductive illegal migrants into their country just to look good instead of only allowing high skilled immigrants. I know people with masters degree and job experience getting visa denied where as some illigal migrant getting a right to live in and getting paid by govt fund which is just sad. 2. Instead of choosing neutrality Germany chose US's without looking that the industry is very much dependent on cheap fuel from Russia. In the end it just hit the factories hard as a bolder. 3. Multiple govts didn't invested much of money into the infrastructure (just look at the DB situation). Other than that huge paperwork burden for small business and multiple other factors lead to loosing it's competitive edge to China and SE countries. The country needs to stop and reevaluate everything otherwise a collapse is near.
@phunweng962
@phunweng962 6 ай бұрын
The country policies is extremely shortsighted. Rely entirely on Russian fuel and Chinese market, what can go wrong? It’s inevitable
@melvinday439
@melvinday439 6 ай бұрын
Ive been living in Germany for 7 years. I studied mechanical engineering in Germany (I'm from Asia). After my graduation almost 18 months ago I was looking for an engineering job but I couldn't get one. It was very frustrating for me. In the meantime I got an offer from a friend of mine to help him manage his small business. My pay is pretty decent but my visa application got denied. Btw the visa application took a month and multiple emails. I have to give up everything now and go back to my home country and start a new life
@sblbb929
@sblbb929 6 ай бұрын
@@melvinday439 My condolensces
@sblbb929
@sblbb929 6 ай бұрын
The 3rd point is actually a thing that happened all over europe after the 2011 Euro Crisis. Good for reducing debt burden, really bad long term growth
@culaterw41pr
@culaterw41pr 6 ай бұрын
@@melvinday439 Sad to hear... When one door closes another one will open...👍
@umarjongi3590
@umarjongi3590 6 ай бұрын
""it may be dangerous to be America's enemy, but to be America's friend is fatal." - Henry Kissinger
@plonss
@plonss 5 ай бұрын
When you trust your allies too much ....
@yatarookayama8329
@yatarookayama8329 6 ай бұрын
Moral lesson for Germans is to get and Hold Bitcoin because Euro might not be after 5 -10 years !
@moemimouni679
@moemimouni679 6 ай бұрын
SELF INFLICTED HARM, GERMANE ECONOMY WILL NEVER RECOVER.
@alex-shanghai
@alex-shanghai 6 ай бұрын
No worry. German has the universal “democracy and freedom”. As long as they listen to the us, they can live happily even if the nord stream is sabotaged 😂
@xtc2v
@xtc2v 6 ай бұрын
Mercedes cars these days are unreliable.......better to buy Toyota or a Honda
@gartblaum
@gartblaum 6 ай бұрын
You get what you sow... for being cozy up to China and Russia for decades.
@stam_ehad
@stam_ehad 6 ай бұрын
Who would've thought that importing criminal from other countries that hate you and don't want to work is a bad idea.
@deesiInGermany
@deesiInGermany 6 ай бұрын
It's has a stupid system.... Avg netto salary of 2500 euro... Avg driving licence cost 2500 euro. 129€ for 90 min class 😥😥 WTF
@biosecurePM
@biosecurePM 6 ай бұрын
That is a very strange example, but indeed the German net salary would need to be around 20.000 euros per month if it was in tune with productivity gains and such.
@deesiInGermany
@deesiInGermany 6 ай бұрын
@@biosecurePM it's not a strange example. It's a strange country. Free loaders get free housing and money to enjoy. Tax payers need to pay 42% and no extra benefits.
@sblbb929
@sblbb929 6 ай бұрын
Well you pay that once
@deesiInGermany
@deesiInGermany 6 ай бұрын
@@sblbb929 if I have to pay once, it cannot be phenomenally high. Compare with other EU countries
@Heegooat
@Heegooat 6 ай бұрын
Amateurs!
@MetaView7
@MetaView7 6 ай бұрын
Don't they know, that Germany's prosperity was subsidized by Russia in the form of deeply discounted oil and gas prices?
@user-nh1yb9mk7y
@user-nh1yb9mk7y 6 ай бұрын
As If Russia had other buyers at that price which was higher than that China is paying now. You are spreading false narratives. Russia was selling gas for 250-500 usd, that wasn't 'cheap'
@MagMar-kv9ne
@MagMar-kv9ne 6 ай бұрын
That was never the case. Gas and oil of Russia was alwsays expensive or market price. What was cheap was the transfer by pipeline. The pipelines western companies built. German ones, for the most degree. But energy was ALWAYS expensive for Germany. That is why Germany never attempted to under price their goods, and bult goods for the upper price segment.
@peterfischer5459
@peterfischer5459 6 ай бұрын
As a foreign German in Australia, der…too easy to fix mate but the Gov’t ain’t gonna like it. We have unique situation here that we are outside the crisis in Europe there and therefore also more balanced and objective when we look back at it from outside. 1. Ignore the Globalists & WEF criminals, time to disconnect, arrest the traitors who sold humanity out. 2. Plug back into Russia, probably too late now because of all the war mongering on behalf of the US & UN. 3. Plug into China’s Belt and Road initiative 4. Plug into BRICS 5. Dissolve NATO. 6. Support Urbon in Hungry 7. Dedollarise before the German economy cops the final nail in the coffin by the bank bail-in coming and the US throw Germany under the bus like they have with Ukraine. 34Trillion in debt fiat currency 😂😂😂 8. Get your gold back from the US liars… haven’t got it 😂😂 9. Support the new Multipolar world order. … or you can always keep getting abused by the Globalists 😂 and get drafted into an escalation of NATO and wars with Russian and Taiwan. 😂😂
@andreas5563
@andreas5563 6 ай бұрын
Rofl, gogo Russian bot
@kellyliu1645
@kellyliu1645 6 ай бұрын
@@andreas5563 🤡 Okay, what ever.
@andreas5563
@andreas5563 6 ай бұрын
@@kellyliu1645 "Down with all the globalists, join these globalists because theyre good guys" and im the clown xD
@Zed.Leppelin
@Zed.Leppelin 6 ай бұрын
@@andreas5563 nice of you to admit it
@hanstandt9587
@hanstandt9587 6 ай бұрын
We are in a transition period. A big one! One that Germany still doesn't see coming. And it will hit hard, very hard.
@garyzies3486
@garyzies3486 6 ай бұрын
It's called a "paradigm shift". The younger generation of Germans (the few that are left) is headed for bleak future. The older ones, those who have built the country to it's former glory, will soon be gone.
@cythonnaiilo7956
@cythonnaiilo7956 6 ай бұрын
thanks for the video. you missed that highly trained workers from germany are leaving in masses. already emigrated workers also almost never come back. wages are too low, costs are too high, social expenses exceed 50% of the budget this year.
@OfficialInformationMedia
@OfficialInformationMedia 6 ай бұрын
The ego will become ur end
@Short_Storm
@Short_Storm 6 ай бұрын
The Hands is false, lots of jobless highly educated people floating around in Germany, including me. The companies keep the position open for years, even when thousands of applicants apply..
@benjaminh.7698
@benjaminh.7698 6 ай бұрын
Well to make one thing clear! Germany still performs much better than the UK ;) Just saying...
@Purple_flower09
@Purple_flower09 6 ай бұрын
Yes that's correct. The UK though, was fully de- industrialised decades ago, and made a transition which Germany is just starting out on. Plenty of de-industrialisation pain ahead for Germany.
@benjaminh.7698
@benjaminh.7698 6 ай бұрын
@@Purple_flower09 No, that is a process that started at least 10 years ago. Most German cars are not produced in Germany. They are produced in China, the US & Eastern Europe. It’s similar to Apple: „Designed by Apple in California. Assembled in China“ (That’s what is printed on the back of Apple devices)
@puchatek5584
@puchatek5584 6 ай бұрын
UK is not Vassal to US as much as Germany. nordstream
@leealex24
@leealex24 6 ай бұрын
Seems like euro going down
@sblbb929
@sblbb929 6 ай бұрын
@@benjaminh.7698 That's kind of a stereotype, Cars are not actually the bulk of German industry. Not even 15%. It's actually fintech and chemicals, which Germany still does well in. I.e. TMSC opened new Chip production plant in Germany due to alot of the robotics and high end production being there in the region.
@HeinzWick
@HeinzWick 5 ай бұрын
The economical problems have been self inflicted through stupidity, but the problems are far bigger , energy insufficiency, immigration problems, administration costs, increased poverty etc.
@Litthopedion
@Litthopedion 6 ай бұрын
Germany better get their shit together before someone raises their right hand straight at 2 o clock position.
@a13xdunlop
@a13xdunlop 6 ай бұрын
Already started sadly
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