Yes to solve Germany's economic problems raising taxes on energy so people cannot afford energy is brilliant.

@Viktor-bb

5 ай бұрын

А чём мечтают сами немцы

@ViceCoin

5 ай бұрын

End suicide sanctions.

@gus9044

5 ай бұрын

That´s the result of the austerity policy....

@user-fo9hs9ep8g

5 ай бұрын

What about cutting aid to war and from around 25%(the biggest by far) contribution to the EU?

“Guys, we can’t create an investment fund cause it would go against our ideology” “What about calling it special fund?” “Problem solved”

@whosehandle

5 ай бұрын

This so emblematic. This is exactly how German corporations also do things.

@marcoac-sx6lq

5 ай бұрын

As far as I know this is also how Germany public debt is computed. They account for the general debt but neglect the debt of each federal state taken individually.

@ignaciocampos8435

5 ай бұрын

@@marcoac-sx6lqthis happens everywhere, we’re talking federal / central budget not local, even municipalities and cities have their own debt. In some countries, however, state debt is backed legally by the central or federal government, and this varies, I’ll give you that.

Keep going green until your bankrupt, genius

King coal is back! The rumours of his death were extremely exaggerated

@heyhoe168

5 ай бұрын

He is old. In the end of the day reducing consumption is the only way.

@serpentlaw5961

5 ай бұрын

Hands off of African cole!

That is the problem of a country with old population. State spends more over welfare while having less young people to create wealth.

Go woke go Broke!!

If you are short of gas I'm sure old joe will sell you more lng at 5 times the original cost than you got it from comrade validimir.

@cliffshavage9534

5 ай бұрын

10 times

@carl6153

5 ай бұрын

Yeah, ten times more expensive than it was before o’bidenflation’s twenty percent for the big guy

@jamesheath7596

5 ай бұрын

@@carl6153 sorry I forgot to add some on for the big guy lol.

@gfys756

5 ай бұрын

10% for the big guy 😂

It was a mistake to abandon nuclear power plant

@attilaabonyi8879

5 ай бұрын

You think? (Sarcastic)

@janekbrat6951

5 ай бұрын

What on earth has that to do with the budged deficit?

@mane4209

5 ай бұрын

1. there is no budget deficit. 2. the nuclear power plants didn't cover much of the overall energy supply of Germany anyhow 3. but still they may have had and positive effect on energy prices, which would have helped @@janekbrat6951

@attilaabonyi8879

5 ай бұрын

@@TommyV8898 because we didn't give it a chance to develope as well as rewnables

@virawang9869

5 ай бұрын

@@janekbrat6951 Germany gas and electricity subsidy.

German surpluses of the past should have been invested in new technologies, infrastructure and research. Excessive fear of inflation and conservative and strict fiscal policies are not always the best recipe for an economy. In the new environment Germany has to abandon dogmatic approaches of the past and move fast, in order not to become irrelevant.

@ValMartinIreland

5 ай бұрын

They could not stop themselves pumping money into green fairy dust.

@val-schaeffer1117

5 ай бұрын

German "surpluses" of the past were spent in civil servants (all white though, wonder why) and others in welfare jobs getting lardy benefits. And all of them block voting SPD against the tax funded windfall. While the real income has been declining since decades. Even Wirtschaftswunder did not trickle down to the lower level, instead increased the inequality. Germany is the most arch-conservative and exclusionary society. Social mobility from middle class upwards is almost impossible. Upper class is near 100% homogeneous ethnic German with family ties and societal network (Vitamin B).

@klausschumacher7126

5 ай бұрын

@@ValMartinIreland I am a German living since 33 years in Asia and I put my money in "green fairy stuff" and my monthly cost of electricity,water is 40 Euro.... What's your monthly cost????

@R3tr0v1ru5

5 ай бұрын

No, it's simple, you cut government spending, taxes and regulation.

@samcarbon

5 ай бұрын

​@@R3tr0v1ru5We will sent you to educate the economists working for the German goverment😂

Hey, just print more money! Not like that's ever gone badly, right?

@SeattlePioneer

5 ай бұрын

Italy and other southern countries has bigger debts, which tolerated especially by Germany and ECB for years. If Germany also starts to make big debt, Euro will lose its value rapidly...

@kenpopular

5 ай бұрын

USD is doing fine despite the debt

@ad_astra468

5 ай бұрын

It won't, it has the trade surplus to make up for it, Italy itself has an average trade surplus of 2% gdp while Germany is at 5%, as long as the trade surplus is more or equal to debt servicing costs * foreign held debt% the currency won't depreciate in overall value.

@almirantevaltjen678

5 ай бұрын

The south, the southerners, .... Always the southerners. When will Germany and some others in the north will accept that their administration's long term plans where only profit for some of their wealthiest and not their people. Thank G-D for the existance of the USA which gave tons of millions for their reconstruction.

@lembitmoislane.

5 ай бұрын

@@kenpopularThe Americans nearly defaulted on their debt and have their credit rating lowered, so what are you talking about?

@kenpopular

5 ай бұрын

@@lembitmoislane. people keep lending because we keep making things like KZread and ChatGPT, more risk, more reward, Germany is stuck in a post-WW2 mindset in its approach to debt

Surely intelligent, mature and professional negotiations between governing and opposition parties in a leading first world country is possible? Some hard decisions to be made, but the adults should have little problem to achieve success.

@stereomtl9001

5 ай бұрын

Can the real adults please stand up .....crickets

Wow Ms. Georgieva is really out of her mind. She definitely has all the skills working for EU, btw. The solution is "grow faster"--> nice theory, but because of our world-unique energy transition we have not enough energy here for industry, in fact they are already leaving the country and home office jobs don't bring us money or growth or the solution is "taxing" --> yeah, ... (pause) ... . A little reminder Kristalina, we already have the highest taxation system in the universe, but thanks for your idea.

@upheaver

5 ай бұрын

BTW do you know what her original name is? - Stalinka. Ye her family were so ultra-soviet they named a newborn girl after their favorite mass murderer. Never trust Bulgarians related to the former communist regime to handle any form of government, regardless of education background, those people were boosted by corruption.

This means no money for EcoFriendly Tanks, EcoFriendly Rockets, EcoFriendly Everything

If they want to boost growth they should cut taxes on small private companies (less than 5 million revenue) who are currently getting squeezed from every side. If they increase carbon taxes, companies will just continue to relocate elsewhere, its already expensive and complicated enough to run a company in this country.

I think 65% debt rate is quite reasonable compared to other debt rates in Europe. In fact, Germany has one of the lowest debt rates.

@PMMagro

5 ай бұрын

"All my friends drink every day, I am sober at least twice a week". When crisis comes, like Covid or the Ukraine war, one need to have some room to manouvre (not already being to heavily endebted). It is good to spend when crisis comes but one need to have something left to spend also...

@robertkacala

5 ай бұрын

No one should be in debt

@jensf5740

5 ай бұрын

65% sounds low, but it already eats up 8.7% of germanys budget every year (39 Billion Euro for the "Bundesschuld" is planned for 2024). Dept comes at a cost, and that cost is by far higher than the actual value of the dept (after all the creditor also wants to make a gain)

@HumanBeingsRThinkingBeings

5 ай бұрын

Mind Begs the Question: - Islam forbids Usury/Interest Banking - Those who practice,impose Usury - To view Islam as Threat to Eliminate/Demonize,no?

@phpn99

5 ай бұрын

@@robertkacala Sovereign debt doesn't function the same way as household debt

They claimed they will get ride of russian fuel and gas and this is the outcomes

@ValMartinIreland

5 ай бұрын

The answer by the experts here is to increase the carbon tax.

@facts9538

5 ай бұрын

Your life must be perfect to believe that things happen instantly and cost nothing.

@eish3291

5 ай бұрын

They still get Russian gas and oil via courtesy of India, only at a higher price.

@markortner7066

5 ай бұрын

@@eish3291 Hate destoys the hater as in Germans hatred for Russia ingrained by years of censureship and propoganda.

“To be an enemy of the U.S. is bad; To be a friend of the U.S. is FATAL” - Henry Kissinger 😂😂😂

@TheKakan1337

5 ай бұрын

Russia is an Iran puppet state, Iran should stop giving weapons to stop the Russian people from suffering. But I guess they want to see them die until the last Russian.

@0515rnein

5 ай бұрын

How does this solve the problem?

@FINSuojeluskunta

5 ай бұрын

The US is winning economically. The EU not so much. Should we check in on China and Russia? Not doing so hot either

@CanTho2022

5 ай бұрын

@@0515rnein…it won’t! NOT until the EU grew a backbone and stand up against their master (the U.S.)…😂😂😂

@tyrant_hermit

4 ай бұрын

China bot.

the illusion of green dream has destroyed Germany

@remote24

5 ай бұрын

Wtf are you talking about.

@johannesheinrich9240

5 ай бұрын

the greeens are a political party who are the current goverment with spd and fdp@@remote24

I mean what do you expect a regime tried so hard to destroy its industry capacity to please an overlord across the sea lmao.

The problem is that since unification Germany privatized and neglected much of its social state, this meant short term profits with long term costs. Now in the midst of recession the state must contend with repairing vital infrastructure necessary for economic growth such as rail, road, and cellular. In the end a few got richer, yet as a whole we will all pay significantly more to get the country running again.

@lazioboy01

5 ай бұрын

So a typical Wild West capitalist country then? A few share the profits, everyone else shares the costs

@janwintraken

5 ай бұрын

Very well written summary of germanys current state. A lot of the patchwork of previous decades is now breaking seals.

@dadthelad

5 ай бұрын

Yep. Same all over the western world. A massive wealth shift to the already rich and powerful, resulting in worsening conditions for the lower and middle classes, and the ruining of the general national economy. The rich and powerful don't seem to care, and we just get more and more of the same.

@Rowlph8888

5 ай бұрын

Britain has the same problem, with the Tories for 15 years, not spending anything in the country, after it was in such a good state in 2007.Before the financial crisis, it had the highest GDP per capita in the G7, including USA. Now we only have 97% national debt, but a country falling to pieces in Pre-21st-century infrastructure.France, Italy and Spain might have national debts of 120%-135%, but at least they spent on the infrastructure so that it''s not more expensive later *The only ways Britaiin has spent more than Germany is in digital, AI and cyber infrastructure, which are exceptional in the UK

@ghosthdel3098

5 ай бұрын

I live in Rome and I am an italian. My dad works in the government fiscal policy department in Roma, he said that the government received so much money from the EU union that they dont care about it. My dad said he bought a sandwich and coffee for lunch and write his own bill for 1000Euros. The cost of his real lunch is only 5 Euros and the rest goes to his pocket hahahahah We save so much money from such exercise (not just lunch) that we can buy a range rover and a small holiday home in Sicilly. Thank you EU

Don’t they think the cameras can mess and make bad influences on their meeting processes and official, serious environments on the discussions of serious affairs?

Money isn't like gold where there's a limited supply. Germany, like the US, can just print more money. Money printers are already running 24/7? Buy more money printing machines. Problem solved.

@Ivane_Maskhulia

5 ай бұрын

Nice joke. But dont say such jokes in piblic, leftist will gladly oversee irony and consider such option.

The funny thing about giving away the money in your coffers, it doesn’t just magically appear if none of the people you are giving it to are working.

Here in England previous prime minister Mrs Thatcher famously said that you can ask 12 economists the same question and get 13 different replies. (Hier in England hat der ehemalige Premierminister Frau Thatcher gesagt, man kann 12 Wirtschaftwissenschafte die selbe Frage stellen und 13 verschiedene Antworte bekommen.)

@Boghopper1979

5 ай бұрын

I wonder how many if the 12 would have backed Truss and Kwarteng's mini budget (probably just Patrick Minford)

@PMMagro

5 ай бұрын

-12@@Boghopper1979

Just because 3 other EU countries have a higher debt ceiling, does not mean that Germany has to aswell.

@brunoheggli2888

5 ай бұрын

Its not just europa also Japan The US and China has why higer dept in % of its GDP!Its good that Germany is building up for the future!

@kenpopular

5 ай бұрын

Nothing ventured, nothing gained

@Rowlph8888

5 ай бұрын

@@brunoheggli2888 No it isn't, because the longer you leave it the more expensive infrastructure repair and updating takes.Also, it leaves you in an intelligence deficit, because of the lack of trial and error with new technology. Germany hasn't been a tech giant since the 20th-century. Germany's miles behind China, USA,, and South Korea, and ironically, UK has re-emerged as the nuumber 1 21st-century tech leader of the 5 largest European economies, in Cyber, Ai and digitisation

If you were to spend XS borrowing over the 'debt break,' ON SENSIBLE PROJECTS (ie projects the build up industry/commerce, even the much needed repair of infrastructure), rather than on HALF BAKED and unproven CLIMATE CHANGE ideas; then perhaps the electorate would forgive the Government for exceeding the debt break. (as they do in the USA).

Compared to the rest of the "richest" countries: Germany is handling their debts pretty well, its so low compared to everyone else. They have to invest now or it will be too late.

@UL1999

5 ай бұрын

No! household dept ≠ national dept Lower dept means less money for the private sektor. Germany has to invest more into education, welfare state and environmental protection!

@ikegru4346

5 ай бұрын

​@@UL1999Germany has to manage money more effectively. The same goes for the rest of countries. Germany has military budgets the size of the French, but their army is worse. And for what exactly you need more welfare? How will it help the economy to grow? And will giving out more money on education, most of which will be burnt through by bureaucracy and spent on a useless lecture Hall at a university, although you can do things through Zoom or something like it? And what is the point, when there are utterly useless topics taught at schools and useless programs are taught the universities, from which average German graduates being 28 years old, which reduces the workforce and only marginally increases its levels of education? But let's increase spending, it is not like you will be taxed more and half of those money will be mismanaged. Or if government refuses to increase taxes, they will print more money to create more inflation. Or if they want to do neither, they won't be able to pay off the already existent debt.

@DrSam86

5 ай бұрын

​@@UL1999lol you got it exactly the opposite of what a sane nation should do with its money except for the education part.

@UL1999

5 ай бұрын

@@ikegru4346 I 100% agree that Germany has to manage money more effectively and fight corruption and bureaucracy. But Germany has to abolish the dept limit anyway, because it's unscientific. There is no scientific proof for that. There can be situations, where Germany needs more money fast and can't make some reforms. And more dept/money does not necessarily mean inflation. Look at Switzerland or Japan.

@UL1999

5 ай бұрын

@@DrSam86 Why? Do you know what a national debt actually is and where the money comes from?

How do we trust the government to solve this problem? If they went even to University, they studied social studies or "political sciences". There are people elsewhere who would be a lot more qualified to make right decisions

The last interviewee is nice and professional.

Please have some effort for better charts. The one with country to country percentage comparison is just as bad as my 6th grade power points.

sanction Russia gas?

@ericp1139

5 ай бұрын

Wouldn't help Germany. They needed all that cheap Russian gas to stay competitive.

Hm, maybe don’t subsidize your industry on a Chinese level… Germanys protectionist attitude over the past 60yrs has helped prop its industry up (primarily heavy machinery and vehicles) yet now that other nations are also subsidizing their industry (first China and now the U.S.) Germany and the EU cannot keep up.

@gargoyle7863

5 ай бұрын

Subsidizing is a race to the bottom. Germany shouldn't dare to try keeping up.

When mathematics of socialism kicks in LOL

@mane4209

5 ай бұрын

huh?

@kaseyc5078

5 ай бұрын

Expanded welfare state and social benefits kills economic growth

@mane4209

5 ай бұрын

that's what neoliberal/ market liberal positions want you to think. Economic sciences are a joke. @@kaseyc5078

@Jezar7

5 ай бұрын

European politicians can only introduce regulations and subsidies. They are "Experts" at these things. Fortunately, these things only work in the short term and we will soon find out.

@xenon2kx

5 ай бұрын

​@@kaseyc5078 100% right Cali last 20 years turn into socialism big time! From best state in the union -1980- 2k we are now @ last 5 It's not affordable to live here anymore Homes/fixers went up to$ 750 mln and diesel was $7/gal this summer..just to survive you need to make $ 100-150k/year

taxation is easy if u work for government

Show one country that isnt crumbling

@heyhoe168

5 ай бұрын

Right now? Georgia and Kazakhstan.

How about cutting the rates Germany pays to international institutions? How about Germany cares about itself first instead of too many others? By the way - come on guys, 60 Billion Euros missing to balance the budget for a country like Germany is manageable. Germany should become a leading country in green energy and cutting CO2 emissions and not delay that because of thst little hole.

Germany is too honest. Maybe the only country in the world, that feels bound to the promises of yesterday.

@marcoac-sx6lq

5 ай бұрын

Germany defaulted 5 times since its creation.

@aaabbb-py5xd

5 ай бұрын

Lol, so Germany wasn't lying in the Ukraine ceasefire in 2014? Ok sweetie

@higherbeingX

5 ай бұрын

Germany is foolish to take up fright with Russia by supporting Ukraine.If the German people were smart they wouldn't have shot on their feet

@StrongKickMan

5 ай бұрын

@@higherbeingX Germany might be foolish, but luckely not foolish enough, to let a warmonger take over his neigbours.

@higherbeingX

5 ай бұрын

@@StrongKickMan ok then don't cry about economic issues..

Clemens needs to cheer up

France built nuclear power plants… the stark comparison is enlightening. France went from fossil fuels to nuclear energy, and is now going from nuclear energy to renewables Germany instead is going from fossil fuels, to natural gas, to renewables. The natural gas was cut - t’is always a possibility when being energy dependent France is now building nuclear power plants in China - getting money flowing in from China into French companies whilst German companies… The cascade and contrast is somewhat unbelievable

So sad for German taxpayers for wrong vote 😭

@Serviervorschlag-

5 ай бұрын

We did not vote wrong. The new government did more investments in our economy than before as can be seen here. The problem is that the CDU and CSU are very bad losers and they so what they can to sabotage this government even if the people suffer because of there actions.

65% debt rate is well below average but this is just the start. Germany can find alternative to Russian energy but it can't replace 'cheap' Russian energy. Without it, German manufacturing will have no choice but to divert out of Germany.

@googlekonto194

5 ай бұрын

as a german I can tell you that this is plain wrong. The energy cost didn't rise nearly as much as you would think and the industry gets energy cheaper than the citizens anyways. Of course it will take some time until we completely negated the problem of not getting cheap energy from russia, however this is why we do transform to green energy right now. So in a few years this will not be a problem anymore and till then there are subventions by the government for the industry. You don't just move from one place to another lightheartedly as a company :)

@googlekonto194

5 ай бұрын

@@Ichvergessdenehh some few maybe. But there are always some companies moving around. Energy cost is not the only thing you have to factor in when choosing a place for your company. Also moving a company (and that goes especially for industry-heavy ones) costs a lot of money as well, so it has to be planned and assed over a longer period of time. The current crisis is not really a reason to move for a company if they didn't wanna leave anyways.

@louisemann3306

5 ай бұрын

@@googlekonto194 Price of gas in Germany has risen by around 26% compare to this time last year. For households that might not make a too much of a difference but for manufacturing, they can't compete with the US, where it's self sufficient in energy and China where it gets cheap energy from Russia. Germany can't wait a few years to transfer to green energy. It's a myth and fantasy that green energy can replace fossil fuel in a few years. It will take at least 2 more decades. This is why German auto markers are moving out of Germany.

@FINSuojeluskunta

5 ай бұрын

Cheap Russian energy was all a lie from Putin so Germany would become reliant and they would have leverage to annex eastern European nations

@gargoyle7863

5 ай бұрын

Germany doesn't like fracking. There is gas for 30 years in Germanys own soil. 😆

65% is amazingly low. Very manageable

maybe german can ask cheap energy fom their master (u.s)

The German problem is simple, but a bit complicated to explain in couple of sentences. The government should abandon the Adam Smith style economic ideology . You know what, you can keep printing money to invest and invent new economic opportunities. Forget about debt ratios/ceiling, if your people is not consuming enough/growth. It helps NO one even you have a credit score! Full Stop! People first, ideology later!

Well, they can always print More

Nah,they’ve just handed out 1.4b to Ukraine, they’re swimming in those Euros at the expense of South Europe…

The guy said i dont see benefit of a Chip plant, but said nothing about too much spending on green which can take back seat anytime

"Digital and green"..giggles.."That are critical for the future and growth".

Also very dumb to turn off the nurse reactors

2023: Germany discovering investment matters. Will Germany follow own advices from a few years back?? Why not ask Troika or friends in Greece for advice? Surely Greece must be all prosperous by now.

Just do what we do in the USA, print a whole bunch of paper money and call it good.

@Madferreiro

5 ай бұрын

Without petrodollar they cant do that. USA holds the whole world at gunpoint and makes they work for american amenities, germany cant do the same.

Renewable energy is bs

Soon they will start selling one Mercedes for a bag of flower😅 povery is horrible thing

porsche cannot sell its cars in China

@jamesheath7596

5 ай бұрын

It's going to get worse as Germany will not be selling to china soon due to America telling germany it can't sell to china. Very clever of America by trying to destroy the economies of their competitors at no cost to themselves.

Someone LOVES the idea of taxing, at any behest!

Just abandon green transition, it has no value in it anyway. Return to common sense.

Still have funds, but, hole is a hole.

I really like this presenter she has a great way of speaking!

Fuest is a good guest to have on. He seems to have his head screwed on straight.

We ran out of decent government 2 years ago

Meanwhile Germay announced millions of worth aid package to Ukraine and during his visit to Ukraine, Germany minister promised to double their spending aiding Ukraine on next budget.... So they have lot of money. Is it.....?

I have a solution to debt issues, but can't reach to right people in Fed. but yes, all countries have much wiser people, so they will find solution...

Yeah we can’t adopt every social policy, we do have to pick and choose which ones are efficient and actually help people

I like the guest commentator. Very sensible individual.

Central bank printed so much... where is it? how come value of money getting low but we do not have enough? Stagflation ahead?

Why worry about debt. How the world goes round.

Germany is facing a double whammy. It’s paying 4 times more for gas and oil, it will never get cheap oil and gas from russia again. Then Chinese car manufactures are years ahead of EU car manufactures and the impact of cheap chines cards will destroy the EU car industry.

@eirikarnesen9691

5 ай бұрын

everythign you said her was wrong. it quite hillarious you think chineas cars have a chance. noone is buying the at all.

@gfys756

5 ай бұрын

​@@eirikarnesen9691Chinese cars surpassed German cars awhile ago. It's not 2010 anymore....😂🤦🏿‍♂️

@eirikarnesen9691

5 ай бұрын

@@gfys756 6 chineas car where sold in my country last year. 2500 something Tesla model y. Noone is buying the chineas cars. I have no idea where you guys are getting that from. China is known for low quality, something you don't want for expensive rhings

@gfys756

5 ай бұрын

@@eirikarnesen9691 Which country? Half of all exported EVs from China end up in Europe.

@eirikarnesen9691

5 ай бұрын

@@gfys756 norway. 86% of all cars sold are evs, and again 6! where chineas. NOONE is buying the chineas cars, and i have no idea where you guys are getting that from. the cars are just standing on a lot in china

How did they get The Terminator for this interview?

There is so much endless love for Germany!

@Rowlph8888

5 ай бұрын

Evidence for hope is required for any such positivity.Germany is providing none. On every metric disaster is probable. E.g. 1) demographics, 2) access to , Bleak reserves of and potential extravagant costs of Fuels, 3) dependence on a highly labour-intensiv balance of industries, which it can't meet (should have become more Service based, let heavy manufacturiing go to developing Countries) and deregulated what it could 4) Hasn't updated existing infrastructure or attracting investment in 21st-century Tech (AI, cyber, digitisation, robotics). UK has 3 times and France has double the VC investment in these industries *The only's possible silver lining for Germany, is that there is a rumour that BP have found oil and gas in northern Gaza and have the go-ahead from Israel to pump it, so as soon the canal is ready. That is intended to rival the Suez Canal, Europe's energy crisis will be solved… This remains to be seen

@brunoheggli2888

5 ай бұрын

​@@Rowlph8888Germany has a golden future in front them!Energyprices have come fown already a lot,and the industry is getting more efficent and dosent weast energy mindless!Lot of young immigrants from easter europa and Ukraine!A good educated workforce with high workethic!Its realy amazing!I hope there is a lot more gloom and dome about Germany in the media,so i will invest there at peak doom and drama,i think in about 2 years is the right time!

@brunoheggli2888

5 ай бұрын

​@@Rowlph8888My brother bought a house in germany,and he is installing a solarroof and many nabours will do the same,also mostt people isolate their house better and make their heating system more efficent!All this will pay out in around 3 years!And in the far future Germany can buy energy extremly cheap from russia again!Maybe in 11years!

@brunoheggli2888

5 ай бұрын

Germany is amazing,mindblowing and gamechanging!

@Rowlph8888

5 ай бұрын

@@brunoheggli2888Well, that's an interesting perspective and it's good to hear some Optimism. I do hope you're right, because all European countries will need to Start forgetting their differences and be progressive for the future and support each other (including UK,) iif they are to offset the encroachment of new more populous developing countries of greater landmass and natural resources and remain relevant in the 21st-century, when technology is becoming smaller, cheaper and more accessible to everyone… meaning being 1st in developing things isn't going to keep you ahead of "Developing" countries any longer, like the Western countries have enjoyed for the last 4 centuries *Unfortunately, I am doubtful… Because I can show you many Official "nonbiased" sources that contradict the optimism of your personal experience. for eexample, immigration "helps" to alleviate, but doesn't make great inroads into the considerably low birthrate, Germany has had for 50 years,Germany's skill shortage, is at the top end of European countries in reported shortaages and unfilled positions direct from German companies, Germany's focus groups and political polls show that "currently" the wrong parties are in the ascendancy in terms of its future direction and "as I said," Official VC investment in21st-century tech, is minuscule in Germany compared to UK and France, who are usually direct souurces of compariison, 2 judge Germany's "current" situation.Lastly, Germany is even significantly behind in updating its 20th-century tech, which its preeminence, is what it is famous for and is what it economy and standard of living is based on (e.g.:The automobile market andd its lagging behind Chinese brands in electric car tech and China being its main marketplace for buying its cars Makes this even worse)

Some ideas: Tolls on roads, Plastic tax Weed tax Garbage collection tax Parking tax

Also getmany : how about more money to Ukraine ?

But how can someone say investing in a semiconductor is unnecessary currently? Do they want Germany to be dependent again in this area?

@MSportsEngineering

5 ай бұрын

I suspect he views it as providing a return on investment, but that there are other areas to invest offering a higher ROI. He also probably views semiconductor fabrication as an energy intensive industry.

@dailylearning1706

5 ай бұрын

@@MSportsEngineering, right, but what about the future of it? As a highly technical and manufacturing country, Germany should not depend on other countries for Semiconductors. This investment should have been made years ago. Imagine if China invaded Taiwan, which means two sources are already blocked. Also, Trump becoming the president again will even make it worse. Semiconductors will be like fossil fuels in future.

@MSportsEngineering

5 ай бұрын

@@dailylearning1706 I agree. He might not believe that having semiconductor fabs/factories is a requirement for economic prosperity. Look at the US, who had fantastic semiconductor economic growth while making most chips overseas. Of course, we saw the issue with that during the pandemic and it may recurr with geopolitical movement in Taiwan + China.

@dailylearning1706

5 ай бұрын

@@MSportsEngineering, you are right. However, the USA realised this after Russia invaded Ukraine, and they are currently investing heavily in semiconductor plants in the USA. Germany should not think twice before they do the same; otherwise, a setback might be inevitable since some chips can not be gotten easily like fossil fuel.

@SeattlePioneer

5 ай бұрын

> Germany invested in Climate Hysteria instead of semiconductors'. Was that a mistake? Would you favor an end to investing in climate hysteria in order to invest in semiconductors, or do you just want to expand spending on everything? Should government have foregone investment in climate hysteria i9n favor of investing in semiconductors? If so, why wasn't that done? Is there an argument that government spends on political stuff and really isn't capable of making investments wisely?

Money = Debt Every Euro in your pocket means someone owes that much or up to 9 imes more to someone else

So, why can't they just borrow more money?

They spent “Additional” 100B € for the German army this year and now they say there is 60B € budget hole, which will cause cutting the money of infrastructure. Bravo Ampel Regierung!!!

@IDontBuyIt50

5 ай бұрын

you can take heart in knowing that they've never favored military over civilian spending in their past, not ever.

@mshark2205

5 ай бұрын

@@IDontBuyIt50the times have changed

@saba1030

5 ай бұрын

They've "declared" that money "wrong".... then they could have used it same as the budget for the army...

@izustun9851

5 ай бұрын

@@saba1030 does not matter, they will spend 100B though

@galvinstanley3235

5 ай бұрын

100 billion isn't enough to upgrade their military, its government won't spend the money properly.

The Scholz regime has destroyed Europe's strongest economy in less than two years. Give him the Darwin Prize already and send him to the US elections 😂😂😂

Vorschprung Durch technik … atom power not kohle

Germany has plenty of money. Didn't the goverment send 1.5 billion to Ukraine!😂😅

@Mr.Clownensky

5 ай бұрын

Poland is right calling Ukraine a "money sinkhole" 😂 and a "lost cause". Lol, the President even called Zelensky a "drowning man" ffs 😂

@zallyzally2698

5 ай бұрын

😂😂😂 they want to win Russia in Russia land history repeating itself in another form

@bfja525

5 ай бұрын

​@@TommyV8898I want it then

Do those camera people also participate their meetings? What influences would they make?

@Jackieception

5 ай бұрын

seeing those people in fancy suits and glasses sitting there while pretending to care kind of makes me feel sick. throughout history, most kings and emperors always deceived their own people in some way or another for their personal gain. absolute power corrupts absolutely. these so-called "leaders" are no different, they only got better at it, so they don't get caught that easy. if those "camera" people were to partecipate any time there is such a gathering behind closed doors, the world would have been a much better place.

"Erlebe dein grünes Wirtschaftwunder!" - exactly what I (and everyone with 2 brain cells) expected...

This is

You feeling the pain from your sanctions on Russian Gas lol

This is a great rule, more countries should be doing the same. next step to fix the current problem would be. minimum budget allocations for military, industry investment and looks like the need maximums for social spending.

01:08 TSMC, not TSML. Someone mixed TSMC up with ASML xD

Impose a carbon tax like Canada did, then watch what happens next.

00:02 Germany's budget faces a crisis due to an unconstitutional ruling on renewable energy financing. 01:32 Germany's government is considering how to address a 60 billion Euro budget hole for their transition to climate neutrality. 03:14 Germany's budget deficit creates uncertainty for the economy 04:45 Germany's low investment spending and high consumption spending is a problem for the economy 06:22 Germany's debt break limits spending and investment 07:54 Germany is considering alternative solutions to address the budget deficit 09:27 German economy stabilizing despite negative headlines 10:59 Germany's economy faces challenges due to energy issues and transition to renewables. Crafted by Merlin AI.

@thegreenemerald8670

5 ай бұрын

Some of the items described here are not a correct summary of what the video said. Marlin AI needs to get retrained. It's not there yet.

When you Snooze you lose, Germany slept it's now too late. Bye bye West Germany.

Wonder how Germany got its energy price down, would be easier to understand if there is a composition chart of some sort.

@panyaboonc5621

5 ай бұрын

Winter is near. Wonder how many can't effort to turn on their heating system at home to keep warm?

@googlekonto194

5 ай бұрын

​@@panyaboonc5621it's no problem, the government ensures that. It gets painted a lot worse in the media as it actually is. :)

@brunoheggli2888

5 ай бұрын

All the crazy dramaqueens!Record low unimployment rate,and its simply paradies in Germany!

@HUEHUEUHEPony

5 ай бұрын

Burning coal

@googlekonto194

5 ай бұрын

@@HUEHUEUHEPony that is not correct my friend. Of you look at the charts, you see that coal did go down quite a chunk compared to the year before. Green energy rised to over 50% of the energy sources, so gas could be stored for the winter. And even during this time we sold gas to france as well.

I heard many German companies are moving out from Germany to US, China, India , Turkey because energy price in Germany is too high. For example, electricity per kWh in China is 0.04 Euro while it cost 0.75 Euro in Germany. Germany electricity is about 19 times higher than China.

@Rowlph8888

5 ай бұрын

This is actually a good idea. A 1st world nation should not be dependent on such heavy Manufacturing Industries. It's a natural transition to become more service orientated, post-industrial, like the Brits over time, who Were manufacturing powerhouses and pioneers earlier and for longer than the Germans. This reliance is partly responsible For Germanyos Upcoming problems with anInsufficient young population to run and consume for the economy… Naturally post industrial nations have low birth rates *

@mameleiro5127

5 ай бұрын

Well, but depending on other nations might create supply chain bottlenecks such as the one we saw during covid-19. Centralization of production just transfer the pollution to another address, but don’t we live all in the same planet?

@Tobi-ln9xr

5 ай бұрын

That’s bs. I don’t know where you heard that but there isn’t a single company which was moving.

@miaya3898

5 ай бұрын

​@@Rowlph8888that's the dvmbest thing i've heard. all major first world nations are still industrialized except uk and a few others. italy lost its manufacturing years ago. canada and australia rely on commodities

@Rowlph8888

5 ай бұрын

@@miaya3898 Well it sounds dumb ONLY because you are uninformed on the matters i'm refering to. Post industrialisation has only been going on for a few decades, which is why the the best practices have only slowly been becoming clear. The latest and most urgent issue has become the extreme low birth rates from this process and your examples of Germany and Italy are in the biggest CRISIS.Many demographers believe that both Italy and Germany will not even exist as nationstates by 2050, but hybrid forms of "citystate's", because their birthrates have been so low since 1970 (lower than everyone else) that their situations are unsalvageable BECAUSE they have a MORE heavy labour requirement for their manufacturing and heavy industry base and have an Inferior and Ininsufficient young populatio ASWELL to run the Economy to tthe volume of production the Western growth based model requires and also don't have the young people to Consume the produce to continue the cycle, maintain GDP level and standard of living (Unlike with the Brits who chose to deindustrialise as an expedient strategy, post 70''s -, it will be forced on the Germans and Italians against their will)… This is exactly why Germany should have outsourced its companies manufacturing when it had the chance instead of subsidising to enable the companies to remain in Germany, which has had several catastrophically bad effects, including the increasing of regulations, making Germany a very unattractive place for VC investment in 21st-century industry tech… This is another decision that the UK made much better than Germany, as in AI, cyber and digitisation. The UK is far ahead of Germany and France, and 3rd in the world behind USA, China and South Korea.

Germany shooting itself right on its feet because the pathological ideologism of pretty malign people.

"Debt break" sounds off. is "Debt stop" better?

I always thought that investing in infrastructure doesn't cause inflation?

@gunnarsjolander6171

5 ай бұрын

Depends, if you print money to build useless things it will inflate the economy

Wow, a $60 billion issue out of what $4.5 trillion economy? Somehow I think they’ll be able to muddle through.

@andrewcrus

5 ай бұрын

Here we are talking about the country’s annual budget, from which the salaries of civil servants, government expenses on medicine, education, culture, defense, etc. are paid. In 2023, Germany's annual budget was €476.3 billion. Accordingly, we are talking about a hole of approximately 15%.

5:55 debt break is deffinetly NOT a unique German thing as Czechia has it too (and I bet there are other countries who have it too)

@gargoyle7863

5 ай бұрын

Switzerland is doing very well with debt break. It's a good idea i.m.o..

@geistreichtube

3 ай бұрын

It's called debt brake in Germany.

More and more money for WAR….nothing for the people!! 😂😂😂

@melonshop8888

5 ай бұрын

DUHHHhhh... PART 2.!!! ¯\_(ツ)_/¯

Sell some of the reserved gold. If we believe we are the last generation then what is the purpose of saving so much gold.

How about no carbon tax or worry about green energy and just letting the economy recover.

Politicians misspending and probably stealing is now called `´budget hole´´

Perpetual mobile, what is growing up eternally? Budget. Time to fight not for billions wasted but for cents, like US.