Posted on 01/28/2025 8:00:52 PM PST by anthropocene_x
Germany is stuck in a deep economic crisis amid a structural break that the country’s leading industry lobby predicts will lead to the most protracted downturn since reunification nearly 35 years ago.
The Federation of German Industries (BDI) forecasts the German economy to contract by 0.1% in 2025. That would follow a 0.2% decline in 2024 and a 0.3% contraction in 2023. According to the BDI, Germany’s expected contraction this year is in contrast to projected growth of 1.1% for the European Union.
“Industrial growth, in particular, has suffered a structural break. Order books remain empty, machines are standing still, companies are no longer investing—or at least not in Germany,” said BDI president Peter Leibinger. “I cannot remember such a bad mood in industrial companies.”
Major German companies announced more than 60,000 layoffs last year as the country’s industrial giants battled with an increasingly hostile macroeconomic environment
(Excerpt) Read more at fortune.com ...
>> “Yep, and the voters have no one to blame but the person staring back at them from their bathroom mirror. Soon they will have a chance to save themselves by voting for the AfD candidate Alice Weidel. If they don’t elect her they should prepare themselves for some serious hardship.” <<
Unfortunately, it’s not that easy. In Germany, different political parties can and do build coalitions to get the majority.
If you noticed in the media, and even here on FR, the AfD is supposably the worse “ultra far right Nazi” party.
That’s obviously complete BS but once the media feeds them this nonsense they’ll stick with it.
Founded in 2011, they are the fastest growing Party, and the second most popular.
Germans DO vote for AfD in large numbers, but what more can they do?
Look what was roaming in the White House for the last 4 years.
I agree with you 100%.
But, unfortunately, even if they start now, it will take them few (many) years to rebuild what was foolishly destroyed.
By the time, lot of the German industry will be gone!
And, also unfortunately, they do not seem to even start the process.
They are more inclined to dig deeper!
If only the U.S. hadn’t blown up their pipeline...
Hmmm...”green” energy that is way too expensive and unreliable to power a big industrial economy?
Nah, that can’t be it.
It actually is a sad story. Germany is not “having troubles”. Germany is screwed. Its large chemical energy and its large manufacturing sector are screwed. They simply cannot compete given their relatively high labor costs and now the high energy costs. Gaia worship has done this to them. It didn’t have to be.
It really would be better if a Western NATO country were able to hold on to its manufacturing base. To this point the Germans had managed it but that’s finished now - they just don’t realize it yet.
“The downfall began since Merkel decided to import a million Arab Muslims”
Multiple millions. But the final blow was us taking out their Pipeline. That was their secret for high living standards - very cheap natural gas. Something we couldn’t permit. Hopefully Germany learned their lesson and never tries something as foolish as that in the future.
Yes, that definitely hurt too. It was over 2 million in 2015 alone and nearly that again in 2016. These people are economically worthless. They don't speak the language, have no job skills and just live on the public dole and commit crimes usually against the locals.
The other thing Germany did was close its nuclear power plants when it should have at least doubled the number it had, wasted a huge amount of money on windmills and solar panels which ar not reliable and don't deliver enough energy, and allowed themselves to become completely dependent on Russian gas to keep their economy going. Great when it was cheap but the risk was it would get cut off one day. That day came. Now they have no good alternatives.
BTW, Trump’s original (grandfather’s) surname was Drumpf.
Indeed
Its too late. At this point Alice Weidel could be an economic genius and Germany would still have massive economic problems it cannot solve for a long time if ever. They have to buy gas on the spot market which is expensive. Given their labor costs, they simply cannot compete with high energy costs too. Even if she were to force through a complete U-turn on all of the Gaia worship and start doing practical things like re-opening coal mines and coal fired power plants, and building a bunch of nuclear power plants, it would be YEARS before those came online in sufficient numbers. By then Germany's industrial sector will die.
The Turks have been their gastarbeiters (guest workers) for decades. This new batch is chock full of violent seventh century lay-abouts.
If only Reagan hadn't torn down that wall. Let that be a lesson for South Korea. If they unify with crazy commies, the south will turn into north, instead of the intended effect.
I’ve said it again and again....They’ll be begging Russia for gas....and it’s gonna come via Ukraine.
Thoughts?
1. The cut off in supplies of cheap oil/gas from Russia because of Ukraine war.
2, The mighty Chinese industrial machine that is crushing the Germans in EV’s etc,
Germany shot themselves in the feet by imposing “sanctions” on Russia which hurt Germany far more than Russia.
Russia is happily selling their oil/gas into the mighty Chinese economy.
That’s part of it; when Merkle implemented the “Green New Deal”, decommissioning Germany’s coal and nuclear power plants, the destruction of the Nord Stream Pipeline which eliminated cheap natural gas from Russia, resulting in energy prices which are 4-5 times what they are in the USA.
German major industry is no longer competitive, and customers are going elsewhere, leaving the German Economy in shambles and shrinking.
I will forever believe that Merkel began as an East German sleeper agent whose post-unification mission was to infiltrate the center-right and undermine/destabilize the reunified government from within.
>> When you run your country on windmills and fairy dust, this is what you get.. No sympathy for ideologues who engage in self-mutilation.
Well said, and your proposed solutions are sound. But they will be ignored.
>> Germany is screwed. ... Gaia worship has done this to them.
UK is right behind them, and for the same reason (plus runaway immigration)
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