Recession and a Deadlocked Government: Is the German Economy going down the Drain? October 17, 2024 Unipro2013main Economics, Germany, World Economy </p> <h2>Recession and a deadlocked government: Is the German economy going down the drain? | To the Point</h2> <p> There is no point in trying to sugarcoat it: Germany, once admired for its efficiency , is stuck in a state of permanent crisis and has to watch as almost all its neighbors overtake it in key areas such as growth and innovation. Germany’s problems are fundamental, its infrastructure outdated. The collapsed Bridge in Dresden is a haunting symbol of Germany’s faltering ability to hold up under pressure. A difficult future awaits, but the restructuring of industry is faltering and the ambitious switch to sustainable production is only inching forward. Why is that? Are companies not doing enough or is government policy stifling innovation? We’ll analyze the reasons and discuss what needs to happen. We ask: Recession and a deadlocked government: Is the German economy going down the drain?</p> <p>Our guests:<br /> Valerie Höhne, journalist with Germany’s leading liberal broadsheet Süddeutsche Zeitung<br /> Vendeline von Bredow, Berlin correspondent for the Economist magazine<br /> John Kampfner, British writer and journalist.</p> <p>Chapters:<br /> 00:00 Germany is facing many challenges<br /> 03:10 Things are bad and getting worse; that’s the feeling in Germany<br /> 04:00 Insecurity spreads; government not addressing this<br /> 05:10 Dysfunctional government in Germany<br /> 06:15 Government lacking in true leadership<br /> 07:30 When Germany is in crisis, EU is in a huge crisis<br /> 10:15 A lot of things are not working and the government doesn’t give orientation<br /> 12:30 US infrastructure is also weak, but there, the economy is growing<br /> 13:30 Risk-taking-culture in Germany is weak<br /> 14:13 The environment for companies and entrepreneurship in Germany is not good<br /> 16:10 The labour market in Germany is very complicated and too regulated<br /> 17:20 Science and innovation still is very strong in Germany<br /> 20:20 The government had a tough start, inherited many problems<br /> 21:30 Economics minister Habeck made a lot of mistakes<br /> 23:40 Scholz showed leadership after the war broke out, but then he retreated<br /> 24:30 This coalition can’t solve the problems</p> <p>Credit to : DW News</p> <p> Please support our Sponsors here :
