Quote (Black XistenZ @ Nov 24 2024 10:23am)

According to a poll by one of Germany's biggest pollsters from Nov 21, only 30% of Germans support supplying Ukraine with Taurus missiles while 61% wouldn't support it. So on this particular issue, Scholz is decidedly on the right side of public opinion. That's he's still the most unpopular politician in the country right now goes to show how badly his government fucked up in pretty much everything else.

Quote (babun1024 @ 24 Nov 2024 11:37)

The ones who majourly fucked up in the Ampel are the greens. They wanted to change too much too fast even though their percentage of voters was pretty small.
As for the economical crisis, 16y long, Merkel has done 0. No new initiatives, no investment in infrastructure, nothing to increase Germany's competitiveness. We were competitive due to cheap Russian energy that was taken away. Innovation is happening elsewhere at the moment.
I am all for reforms btw. but they have to be where the state stiffles innovation and development (middle class). For that, you'd need to get rid of the bureaucracy bloat just like doge is planning. 0% deficit budget is the biggest propaganda bullshit propagated by MSM and FDP. We need investment and innitiatives.
Ironically enough, Merz, FDP or SPD's programs don't mention any of that..

Quote (Black XistenZ @ 6 Feb 2024 13:03)

Germany committed a dozen different, horrible policy mistakes over the past 2-3 decades which are now coming home to roost. One of them was the German economy getting too complacent, relying on cheap energy and cheap labor instead of innovating and improving actual productivity. Another one was getting too dependent on one particular supplier, Russia. A third one was shutting down all nuclear power plants while simultaneously trying to phase out oil and coal. A fourth one was underinvesting in the energy grid.

Simply put: the German economic boom of the 2010s was a house of cards, built on an undervalued currency, artificially dampened wages, central bank money printing, cannibalizing the labor force of Eastern Europe, underinvesting into its own infrastructure, underpreparing for an aging society and being a geopolitical free rider.

Quote

Good Morning from #Germany, where large corporations are cutting more and more jobs. Today Thyssen Krupp Steel announced to cut about 11,000 jobs until 2030. The board aims to reduce personnel costs by about 10% on average.

Quote (ofthevoid @ Nov 25 2024 06:32pm)

Knock on effect will affect other industries aside from just the car makers and their parts suppliers. For example announced today, what industry is actually growing in Germany? If GDP contracts is spending going to follow or are deficits next?



https://x.com/Schuldensuehner/status/1861041253703418123

The other part of this, is IMO not all of these cuts are due to slowing demand. With the threat of tariffs, large German exporters will basically have to downsize domestic operations and setup more manufacturing in the US. Basically, make more cars in the US, Mexico, Canada or get hit by the tariffs.

People IMO incorrectly assume that tariffs are negative for an economy, they don't think about that on the aggregate, if tariffs forces many of the US centric exporters to move their operations within the US, it's actually a positive for US GDP and jobs.

Quote (dro94 @ Nov 25 2024 01:45pm)

Distribution and logistics hubs to move stuff around the country (essentially what we replaced manufacturing with in the UK), airports and border security contractors, mosques, diversity officers, second hand car retailers.

Quote (Djunior @ Nov 25 2024 09:32pm)

Oops

https://www.youtube.com/watch?v=j6UHXsNZU-U

Quote (ofthevoid @ Nov 26 2024 10:30am)

It gets pretty tiring listening to media that any and every voice that is not 100% for escalation or pro war is “Pro Russian”

I listened to an interview with the guy and he talked about neutrality and being for Romanians. He doesn’t want huge military expenditures and highlighted a bunch of other domestic issues why he wants to steer clear of war. Why is being economically selfish and internally focused a pro-Russian position now. Like you see that framing all over and it’s pretty sickening that any anti-war voice is basically equated to being pro Russian. I swear it’s like we’re living In the 60s

Quote (ofthevoid @ 25 Nov 2024 18:32)

Knock on effect will affect other industries aside from just the car makers and their parts suppliers. For example announced today, what industry is actually growing in Germany? If GDP contracts is spending going to follow or are deficits next?