Time for Greece to bail out Germany with some fiscal advice.
Allegra1120 on
1929 all over again? Gawd help them.
Hironymus on
And this won’t change as long as we keep chasing after stupid metrics like GDP.
MasterD_22 on
Transfor VW production to weapons. At least partially.
littlethought63 on
Wow, who would have thought that refusing to modernize your industry would end up biting you in the ass. Instead of moving into the future, we do everything to go back into the last century.
Familiar_Link_5131 on
we need cheap cars made by cheap robots powered by cheap energy
TheBlack2007 on
Well, running a shifting economy is hard and CDU is a bunch of corrupt, incompetent stooges so hardly a surprise. And the next ones are going to be even more corrupt and more incompetent, but clad in blue and hiding it by blaming Ausländer… Hooray!
Important_Still5639 on
Well, as long as Germany keeps getting squeezed for ever larger contributions to EU programs, nothing is going to change. And the irony is that if the German economy seriously implodes, the entire EU project will suffer massively, because there wont be a major net contributor left to finance so much of the system.
Just look at the Recovery and Resilience Facility (RRF). Despite Germany currently facing one of the weakest economic performances among major EU economies, it received far less funding than many other member states. Germany received only around €28 billion from the RRF (roughly 0.7% of its GDP). Meanwhile, Spain received about €69.5 billion, equivalent to roughly 5.6% of its pre-crisis GDP. Italy and even France also received substantially more.
Germany is expected to shoulder the largest financial burden in the EU while receiving comparatively little support in return, even during periods of economic stagnation and industrial decline.
Unfortunately Germany is a country that can’t stop itself from making bad choices.
Some examples:
1. Short sighted energy policy crippling their economy
2. Over reliance on automotive industry that will probably end like Nokia’s phone division
3. Terrible immigration policies
4. Poor digital infrastructure
5. Underinvestment in infrastructure
6. Defending Israel while they commit genocide
Can anyone here give some examples of good decisions they made in the last 20 years?
nksama on
now start taxing the couples with children, the childless ones are already in the pipeline
AlfredsChild on
No shit, they invited in hoards of asylum seekers and low skilled immigrant workers who are reliant on the state, and lost access to cheap energy to support their industrial base. On top of that, Chinese manufacturers have caught up in quality for some of Germany’s core industries, and Germany has failed to pivot into new industries. They could easily enter some form of deindustrialisation like what Britain experienced.
ForTheChillz on
A weak Germany is not in the interest of Europe. I know many people in this sub are kinda rubbing their hands and expressing „Schadenfreude“ (as Germans would say) – yet the EU will basically crumble if Germany gets in serious economic trouble. That being said, I am convinced that Germany will recover eventually. It always takes a long time to make changes but once they are in place it will get better. Germany has shown over and over again that they can turn things around. And also don’t forget there is a stereotype that Germans love to complain about everything – especially about their own situation and country. So there is a good chance that the situation is not as bad as many people think and say.
Cookies4weights on
As long as the War in Ukraine keeps going on with corresponding EU sanctions, there will be economic difficulties. Throw in Trumpenomics and conflict in the Gulf – it gets worse.
Dependent-Interview2 on
Germany forgot to get up early and put the beach blanket on the beach of the future
Delicious_Crazy513 on
AFD +10 points
HopefulGuy123 on
I’m enjoying watching what’s happening to rhe German economy as too many have been crowing about the UK struggles without realising that much of Western Europe has similar or even worse problems with their economies.
Any-Original-6113 on
Damn, I was hoping the Germans would get their numbers up after all
BlueHeartbeat on
Fritz be like: We need to work more. And by we I mean you, I’m not doing that shit *g*
dccarmo on
Germany is victim of its own austerity. Instead of massive public investments to create demand and modernize the country, it only reduces public spending.
63% of government debt to GDP is really low, the government has a huge margin to do massive productive investments.
Presentation_Few on
The old capitalist lie about a society has to grow every year …..
DoubleSaltedd on
More immigration from MENA countries needed.
Equivalent-Mail1544 on
I know what would help, the reactivation of the wealthtax which puts over 130 billion € into the state *annually without hurting anyone. Instead the CDU is trying to make every middle class worker poor
CalligrapherEast2344 on
The biggest issue Germany have is their Chancellor has no imagination. He formed a government at a time when Germany’s previous fiscal conservatism basically gave him a free hit to inject 500 BILLION euros in the economy.
But Merz has no real vision for the country, how to innovate or make things better.
So this spending spree will boost the GDP numbers slightly in the short term, but will do very little in addressing Berlin’s structural issues.
S1mba93 on
Because we’re still busy trying to save another billion or two by taking away from the poorest of the poor, while we refuse to invest in the future or really anything at all.
AlkaKr on
Maybe the Germans can start working and stop slacking off? Isn’t that how they told us it works?
Denial_Jackson on
Too many large SUV-s, with these annyoing beeping lane assist. For precious indvidiuals pushing phones and making these annoying tik-tok videos while driving.
filisterr on
Fun fact, Germany phased out the use of fax machines in the public administration and government in mid 2024.
NoSmoke2659 on
Flicking the finger towards anything new is bad for the future economy? Crazy
xBris18 on
We tried nothing and are all out of ideas 🤡
NoSemikolon24 on
I put it here again: Conservative and Neoliberal parties are a poison to every country and needs to be burned down.
Ocobal on
La industria alemana vivía del gas barato ruso, sin gas no hay industria, solo industria subvencionada para fabricar armas.
rough0perator on
Turns out socialism doesn’t pay
Shocking
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33 Kommentare
Turns out it was just cheap russian gas all along
Time for Greece to bail out Germany with some fiscal advice.
1929 all over again? Gawd help them.
And this won’t change as long as we keep chasing after stupid metrics like GDP.
Transfor VW production to weapons. At least partially.
Wow, who would have thought that refusing to modernize your industry would end up biting you in the ass. Instead of moving into the future, we do everything to go back into the last century.
we need cheap cars made by cheap robots powered by cheap energy
Well, running a shifting economy is hard and CDU is a bunch of corrupt, incompetent stooges so hardly a surprise. And the next ones are going to be even more corrupt and more incompetent, but clad in blue and hiding it by blaming Ausländer… Hooray!
Well, as long as Germany keeps getting squeezed for ever larger contributions to EU programs, nothing is going to change. And the irony is that if the German economy seriously implodes, the entire EU project will suffer massively, because there wont be a major net contributor left to finance so much of the system.
Just look at the Recovery and Resilience Facility (RRF). Despite Germany currently facing one of the weakest economic performances among major EU economies, it received far less funding than many other member states. Germany received only around €28 billion from the RRF (roughly 0.7% of its GDP). Meanwhile, Spain received about €69.5 billion, equivalent to roughly 5.6% of its pre-crisis GDP. Italy and even France also received substantially more.
Germany is expected to shoulder the largest financial burden in the EU while receiving comparatively little support in return, even during periods of economic stagnation and industrial decline.
Just look at this beautiful chart: [https://www.reuters.com/graphics/EUROPE-RECOVERY%20FUNDS/movababydpa/chart.png](https://www.reuters.com/graphics/EUROPE-RECOVERY%20FUNDS/movababydpa/chart.png)
Unfortunately Germany is a country that can’t stop itself from making bad choices.
Some examples:
1. Short sighted energy policy crippling their economy
2. Over reliance on automotive industry that will probably end like Nokia’s phone division
3. Terrible immigration policies
4. Poor digital infrastructure
5. Underinvestment in infrastructure
6. Defending Israel while they commit genocide
Can anyone here give some examples of good decisions they made in the last 20 years?
now start taxing the couples with children, the childless ones are already in the pipeline
No shit, they invited in hoards of asylum seekers and low skilled immigrant workers who are reliant on the state, and lost access to cheap energy to support their industrial base. On top of that, Chinese manufacturers have caught up in quality for some of Germany’s core industries, and Germany has failed to pivot into new industries. They could easily enter some form of deindustrialisation like what Britain experienced.
A weak Germany is not in the interest of Europe. I know many people in this sub are kinda rubbing their hands and expressing „Schadenfreude“ (as Germans would say) – yet the EU will basically crumble if Germany gets in serious economic trouble. That being said, I am convinced that Germany will recover eventually. It always takes a long time to make changes but once they are in place it will get better. Germany has shown over and over again that they can turn things around. And also don’t forget there is a stereotype that Germans love to complain about everything – especially about their own situation and country. So there is a good chance that the situation is not as bad as many people think and say.
As long as the War in Ukraine keeps going on with corresponding EU sanctions, there will be economic difficulties. Throw in Trumpenomics and conflict in the Gulf – it gets worse.
Germany forgot to get up early and put the beach blanket on the beach of the future
AFD +10 points
I’m enjoying watching what’s happening to rhe German economy as too many have been crowing about the UK struggles without realising that much of Western Europe has similar or even worse problems with their economies.
Damn, I was hoping the Germans would get their numbers up after all
Fritz be like: We need to work more. And by we I mean you, I’m not doing that shit *g*
Germany is victim of its own austerity. Instead of massive public investments to create demand and modernize the country, it only reduces public spending.
https://tradingeconomics.com/germany/government-debt-to-gdp
63% of government debt to GDP is really low, the government has a huge margin to do massive productive investments.
The old capitalist lie about a society has to grow every year …..
More immigration from MENA countries needed.
I know what would help, the reactivation of the wealthtax which puts over 130 billion € into the state *annually without hurting anyone. Instead the CDU is trying to make every middle class worker poor
The biggest issue Germany have is their Chancellor has no imagination. He formed a government at a time when Germany’s previous fiscal conservatism basically gave him a free hit to inject 500 BILLION euros in the economy.
But Merz has no real vision for the country, how to innovate or make things better.
So this spending spree will boost the GDP numbers slightly in the short term, but will do very little in addressing Berlin’s structural issues.
Because we’re still busy trying to save another billion or two by taking away from the poorest of the poor, while we refuse to invest in the future or really anything at all.
Maybe the Germans can start working and stop slacking off? Isn’t that how they told us it works?
Too many large SUV-s, with these annyoing beeping lane assist. For precious indvidiuals pushing phones and making these annoying tik-tok videos while driving.
Fun fact, Germany phased out the use of fax machines in the public administration and government in mid 2024.
Flicking the finger towards anything new is bad for the future economy? Crazy
We tried nothing and are all out of ideas 🤡
I put it here again: Conservative and Neoliberal parties are a poison to every country and needs to be burned down.
La industria alemana vivía del gas barato ruso, sin gas no hay industria, solo industria subvencionada para fabricar armas.
Turns out socialism doesn’t pay
Shocking