More job cuts on the way as German economy struggles to recover
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- เผยแพร่เมื่อ 15 ก.ย. 2024
- After the news that Europe's largest car producer VW may close two plants, experts are sounding the alarm that the downsizing of manufacturing isn't just limited to the car industry. The German Institute for Economic Research (DIW) says companies need to evolve.
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#Economy
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I thought it was the Russian economy who's going to collapse 😂😂😂
Blame German leadership for this disaster.
Yeah CDU SPD laid the foundation for this economic collapse.
@@marcel844 And the greens!
@@rudolfespinola9231 no, CDU SPD was in charge for a decade.
@@marcel844 The greens are the most warmongers, pushed for the closure of nuclear energy and natural gas from Russia. They are the most destructive party in Germany.
Nah Russias fault not willing to give up their resources for free to the EU, how evil and disrespectful haha
No more cheap Russian gas = German manufacturing economy going down the drain.
and it was their decision too
@@hendrx german politcians are dumb af
Your 20 cents is deposited comrade
Nah man, need to save face and blame electric vehicles, even thogh demand is rock bottom, and cheaper labour overseas, dont mention Russia or cheap gas
Natural gas in US is half price for what Russia was selling natural gas to Germany. It was not cheap it was just cheaper than LNG.
Have no pitty of Germany 😊I'm European German born but I'm tired of their short mind, lack of investment, lack of RD , innovation, ambition and European ambition.
This crises hurts us all unfortunately
Germany likes to invest here in the Czech Republic, more so than in Germany, it seems.
@@stevemcgowen don't full yourself Servia is worth less than the car industry in Germany
@@micaeloliveira2727 Yet Germany still invests here, while Germany deteriorates with collapsed industry and crime, oh, and catering to Chyna and Ruzzia.
@@santostv. That's why Germany should invest there and not in China a dictatorship that wants to rule the world.
@@santostv. You must believe the CCP propaganda about what workers in Chyna earn...
Think the Germans are facing their music for being arrrogant 😢
U think the world is a childs play - full of moral and rules??? Smells religious, no? :))
No more cheap energy from Russia. Who would have known
That'll teach mr Putin and Russia, wont be getting any german money! Germ any will use its own oil and gas....oh wait
Been saying this for over 2 years when cheap Russian gas and oil stopped fuelling Germany economy The irony was that they were told by the US not to be reliant on Russia resources but become solely stuck with the US at much higher prices. Now instead of buying crude directly and refining in Germany supporting its other downstream industries such as paint lubricants etc they are buying Russian oil after refined in India
Truth hits hard.
@@gajendrasaini3413 It is not rocket scientist but that is just the caliber of our NEOCON Leaders of today Just simply out of touch with reality so stuck on their ideology
Nah man, its the far right! Cheap overseas labour, online, what else..electric vehicle
@@TalkingPoint773 Being cut of from cheap energy was a major factor made in Germany uncompetitive in the global market
@@silafaupaulmeredith7251 I know, but they always come up with different reasoning and excuses.
So the rumor about Germany's deindustrialization is real? The question is now how large-scale it could be... 🤔 Germany can't just move to service sectors, such as Tourism (France), Software Engineering (India), Financial Service (UK), or Fashion (France/Italy). What else could Germany do to compensate for the loss of manufacturing?
Feierabend 😂😂😂
Germany can import millions more of Syrians and Afghans.
I dont think germany will struggle. The present condition is just a hiccup. Germany heavkly invested in high-tech manufacturing. Recently, tsmc made huge investment in germany for Europe's largest semiconductor plant. Also, small german companies are certainly evolving. Only the car industry is suffering. German idustry will shift to high technology manufacturing such as soCs and other niche products.
Nobody wants electric cars
Says who??
Sales figures in the sane parts of the planet says otherwise..😮😮
Surveillance devices, just like anything else electric labelled 'smart'
@@georgewilder7423 sales figures can be manipulated
German will not recover without cheap Energy from Russia is as simple as that.
Their industries are energy intensive which forms part of production costs, their own products won’t be competitive in the global market in comparison to that of China and the US due to expensive energy.
what products does the US make??
Its ok, theyll just buy oil and gas from poland or those little baltic places estonia lithuania, they are full of oil and useful resources! haha
@@TalkingPoint773😂😂salute to your iq....poland to fulfill energy for europe what a joke...it teks decade to build infra to tranfer energy it's not like you fill in truk and done..it is not good for long term...Europe and germany was doomed when they stopped rusian oil...they simply can't compete with china and asia...job loss was far seen when oil was banned from rusia...
@@Trader98V But the little Lithuanian and Estonian presidents keep saying they are the strongest in the world and will take on Russia? Lol
@@Trader98V poland is full of oil my friend, they can sell and support the whole world! They will save Germany and France!
They really taught Putin a lesson here. Well done Germany!
EV scooters are the future global export market, not luxury gasoline vehicles.
Only Your vote can change this condition.. Germans you need to choose party wisely
What the duck are you talking about? No one will phase out combustion engines anymore till 2035. This is impossible
its already signed into EU law
It will be if there's no factories or staff to build them...😂😂
Eu wont exist soon, and documents can be changed
Europe faces permanent decline.
Europe has no cheap oil or gas....hey guys combustible engines are bad! Lets transition to bicycles by the year 2030
@@TalkingPoint773 EU has an EV mandate. Most developed countries are banning gasoline vehicles. Luxury vehicles can only be exported to criminals and oligarchs in the global majority.
Nord stream 😂
That's what Germany wants so good for them for wish granted.
Nice. A common link language is needed in EU for Jobs, Higher Education, Banking services, etc
thats because they rather gift Ukraine billions lmao
ASIA AFRICA LATIN AMERICA DOING BETTER
We dont want electric cars !!!!!
Who made this guy expert? He is head of DW....
He made himself an expert, self proclaimed
You can buy cheap gas to your master the United States.
Green deal was always flawed.
And it's far Right when most things have been pushed so distant from center.
VW was the only German car company serious about EV technology...... The problem with the German economy is three fold i.e. (i) Over dependence on Russian energy & Lousy domestic energy policy = end of German manufacturing base (ii) All export dependent economies are struggling to come to terms with the multi-polar world order (iii) German business mindset that is not "LEAN" (Six sigma) and lacks customer focus..
Germany cut off their supply of cheap energy supplies from Russia reduces their industrial competitiveness.
Germany leaving the Russia market hurts their revenues from German industrial products.
This is a very simple end result that Germany economy will suffer badly from their own political decisions.
Compared to the USA and China: very high (and highly taxed) energy cost: electricity/ natural gas/ diesel and fuel; highly taxed wages; excessive bureaucracy, taxation on all levels and state regulation. How can an energy-dependent industry survive in a global economy - when elsewhere that necessary and exactly same production factor is much cheaper? By wishful thinking..... - or by producing elsewhere?
Take that germs. 'Merica 🇺🇸🇺🇲🇺🇸
Don't force us to buy electric cars
In the next few years, Germany will not be in the Advantages. Now it is about some other players
germany will be divided
The China supply chain takes credit for this! ...
No sorry, following US foreign policy objectives is all it took for Germany to be led to economic ruin. The US likes it’s good close allies weakened, they find them easier to manipulate then as in this case.
Survival of the fittest, compete or down
💙Angela Merkel
Where are you ⁉️
German CARs,
German
Hollyw👀d,
German shepherd,
German MarXisM,
German NASA,
German philosophy,
German tech,
German gas pipe.
Gas pipe 💯⁉️.
Gas pipe 💯⁉️.
Gas pipe 💯⁉️...
G.G.G.G.G.G.G-8.
VW=VeryWorried.
Angela Merkel
Where are you ⁉️
Es ist wirklich schade für die Gesellschaft.
Diese sind die kleinkeiten wo die Fuhringkrafte etwas Unternehmen. Solche lage kommt ab und zu mal zu korrigieren die Fehler. Geschaft zu machen ist immer noch alte einfachste Sache. Ich bin sehr traurig auf solche lage.
ha ha ha. You human...? uuuhm
.
💙
China is leading and rising rapidly 🇨🇳💪
That's why youth unemployment in china is off the charts lol
Germany is going to shits with no plan for the future
All of this to pander americans lol
What will they do with all the doctors and engineers that Merkel imported in 2015?
Sorry but we are rocket scientists. Mashallah ☪️
@@HamzaalAbbasi Well that is better and more up-to-date than being a unicorn scientist.
They can make more babies that Germany desperately needs.
A big thank to the green fanatics
Transition to electric cars?😂😂😂 No one wants it. These guys are full of it. Europe is done . Happy days.👍🏽