So, What Country Wants to Be Like Germany Now?

By Free Republic | Created at 2024-12-19 17:35:47 | Updated at 2025-01-01 01:19:19 1 week ago

So, What Country Wants to Be Like Germany Now?
Mishtalk ^ | 17 Dec 25 | Mish

Posted on 12/19/2024 9:16:21 AM PST by delta7

The collapse of Germany shocks many. But I have been discussing why this was inevitable for over a decade.

Germany Is Unraveling Just When Europe Needs It Most Bloomberg reports Germany Is Unraveling Just When Europe Needs It Most Germany is reaching a point of no return. Business leaders know it, the people in the country feel it, but politicians haven’t come up with answers. That has set Europe’s largest economy on a path of decline that threatens to become irreversible. Following five years of stagnation, Germany’s economy is now 5% smaller than it would have been if the pre-pandemic growth trend had been maintained. More worryingly, Bloomberg Economics estimates that the bulk of the shortfall will be tough to recover, due to structural blows such as the loss of cheap Russian energy and Volkswagen AG and Mercedes-Benz Group AG struggling to keep pace with China’s auto firms. The decline in national competitiveness means every household is worse off by about €2,500 ($2,600) a year. To revive competitiveness, Germany ultimately needs to spend more. Just to catch up with other advanced economies, the country will have to increase annual investment on infrastructure and other public goods by about a third to €160 billion, according to Bloomberg Economics. That’s a rise equivalent to more than 1% of GDP. The private sector has also held back. Expenditures on machinery are more than 9% below pre-pandemic levels. A recent survey among family-owned companies showed nearly half aren’t even planning to replace what breaks, blaming bureaucracy and unpredictable policies. That’s effectively a no-confidence vote in an economy fighting to retain its status as third-largest in the world.

Collapse of the German Government

Yesterday, I noted The German Government Collapses, Early Elections Are Coming up

Chancellor Olaf Scholz [SPD party] lost a confidence vote on Monday leaving a deeply fragmented Germany in his wake. The only thing an election will do is shift the power from one very unstable coalition to another very unstable coalition. I ran the coalition math. It’s pathetic.

The current Traffic Light coalition is SPD, FDP, and the Greens. FDP might not get 5 percent of the vote to stay in parliament. All of the parties rule out an alliance with AfD (reportedly Far Right) and BSW (reportedly Far Left). Combined, that is 22-25 percent of the total. AfD and BSW have three things in common. They are both anti-immigration, anti-NATO, and anti-Green.

A failure of the last “Grand Coalition” SPD + Union (CDU/CSU) led to the failed traffic light coalition. Another Grand Coalition cannot possibly solve anything.…..

TOPICS:
KEYWORDS: war

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I find it amusing ( laughable ) the collective West tried to destroy Russia but the EU itself is being destroyed. The German government, French government, Canada( and more) all in turmoil and collapsing.

That’s what happens when everyone got behind a senile old man’s Ukie war. Suckers.

1 posted on 12/19/2024 9:16:21 AM PST by delta7

To: delta7

I find it amusing armchair Russophiles don’t seem to notice how many millions of real Russians have voted with their feet and live in “collapsed” Germany/EU. And in contrast: how many Germans live in Chelyabinsk? The answers to your ponderings are all right there in front of your face my FRiend. Ignore them if you wish.

2 posted on 12/19/2024 9:21:18 AM PST by lodi90

To: delta7

Germany was collapsing long before they got focused on picking the lesser of two evils in Russia and Ukraine. When Europe lost its spiritual way it led to them embracing nihilism. Thus they thought there was no harm with importing scores of new “Asians’ with completely different values (all societies are equal).

3 posted on 12/19/2024 9:21:53 AM PST by Tell It Right (1 Thessalonians 5:21 -- Put everything to the test, hold fast to that which is true.)

To: delta7

I agree that the war is stupid and Putin should have never invaded in the first place. While I guess you could call Putin Senile, clearly it was Obama and Soros (neither are senile just malignant) and Putin that are to blame. Biden is just a Senile Obama/Soros puppet, and his incompetence lead Putin to believe that he could take Ukraine and make a profit. Lots of blame to go around.

German, France, Canada, all picked socialism and they are just in a position where in they are starting to ‘run out of other peoples money’, it’s not really about the war.

4 posted on 12/19/2024 9:26:41 AM PST by Pete Dovgan

To: delta7

No one tried to collectively destroy Russia and it’s just preposterous that a Russian invasion can be turned into an invasion of Russia.

5 posted on 12/19/2024 9:27:13 AM PST by Williams (Thank God for the election of President Trump!)

To: lodi90; delta7

The answers to your ponderings are all right there in front of your face my FRiend. Ignore them if you wish.

And despite all these supposed facts you cherry-pick - strategic and economic reality is still smacking you and everyone in the face.

As John Lennon sang: "Whatever gets you through the night...."

6 posted on 12/19/2024 9:30:51 AM PST by PGR88

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