7:30 Switzerland Domestic consumption in 2021 lay at 62.5 million MWh BASF total energy consumption was 58.8 million MWh in 2021 That is still alot,but all of BASF uses about the same as Switzerland,but they have other factories arround the world.

Lol people buy enough but now a days thanks to leftist saboteurs whenever you buy something there is a huge amount of tax on it 10% euro tax 21 vat special tariffs / environmental taxes etc etc and also on the components. people in Europe can buy 33% less our economies get trashed and Europe levies more and more money to fight wars and stuff we dont even vote for!

@@longtheworld Environmentalist saboteurs will be happy now! but they do not realize that that energy is going to be supplied elsewhere and it is very likely it will be less clean too.

That figure also sounded very high! Nevertheless as you mentioned it`s a huge amount of energy for one large plant@@longtheworld

reupload with fix then, don't keep the video if it has mistakes

their politicians are detached from this simple reality. unfortunately.

You are correct to a great extent. The consequence are very obvious to most of us outside of Germany

Germany dont need Russia and China, they love dad U.S.A

We all knew , Germany industrial dxe on the day , N$tream was bxmb by the empire..

Yeah, I remember German's leader has been talking about "de-risk" from China all the time, so here you have it, China is also starting to de-risk from west, replacing west made equipment with their home-made, making their own semiconductor chips, etc... I guess Germany can sell your products to US since they told you to stay away from China.

The worst thing is politicians report to Washxngton. It is the single highest national security issue , when the country leader need to report to other country.

German here. The main problem in this country is that our country is not allowed to make independent decisions, we are not allowed to engage in free trade, our colonial master (USA) does not let us combine the raw materials of Russia with the know-how of Germany. Another example: The Ukraine War. For the EU, Ukraine is an unacceptable burden and our previous “aid” plus arms deliveries was nothing more than a speculative investment in case Russia loses. Initiated by the USA, we Germans and Europeans had no free choice. Otherwise, Ukraine was mainly a staging ground for pawns (victims) in the geopolitical chess game between the run-down West and the emerging East.

@@ElectronicHouseFlashrussian bot

@@oiv5988 Glowie detected.

@@ElectronicHouseFlash China seems to be your new sugar daddy lol.

how about you guys collaborate with india and follow outsourcing model of Japan. Germany is very much respected in india

Sounds like the USA.

@@Brunel1859 Stay on top? Did you even watch the documentary? Have you paid attention to years of economic data and political policy? I assure you; Germany hasn't been on top for years. Just like in America, BRICS is eating their lunch!

@@Daswars777 USA is global leader is almost all new technologies, Europe is irrelevant there.

You can’t blame Germany tho for approaching digitalisation with caution. As should everybody else. But they don’t have the experiences that we do

plan B, ..... moving forward ✊️ 😑

that cheap gas is paid by European security. Germany would sabotage itself if it keeps buying Russian gas

@@zannierzan9634on the contrary, Russian gas assured European security by bolstering European industry which enabled it to maintain some autonomy from US & Chinese influence. The biggest threat to peace in Europe (and the world) is American imperialism, which is why Europe should try to remain independent from the United States. The only sabotage that has been committed was by the US on Europes energy supply (and therefore its sovereignty)

@FilmingFish Ah yes, economic security above actual territorial security and independence. Talking about priorities. How much influence would China and the US exert on the EU if Paris turned into a big crater from Russian bombs?

@@zannierzan9634 Industry and territory are not mutually exclusive, you need one to maintain the other. I don’t think you read my comment, I mentioned European industry as means of maintaining European sovereignty and independence from the most aggressive country in the world; the United States. The Russians have neither the desire nor the ability to turn Paris into a crater, they can’t even defeat Ukraines army which is much weaker than France’s, and they would have to get through Poland and Germany first (I recommend you look at a map). By contrast if you want to see being bombed into a crater look at the millions of civilians murdered by the US in Iraq/Syria and the tens of thousands they are supporting the murder of in Gaza. The US is the only country today that not only has intent to mass-murder, but has carried it out.

世界在快速发展，稍微不努力，骄傲就会被参与者超车，自己怎么被扔到深渊的都不知道。因此很多关节信息和技术需要掌握在自己手里，这一点德国做的非常差，包括欧洲。

I worked for German companies and have not observed this.

This is absolutely not typical for German companies. For the government offices, maybe. But in business I have never experienced something like you mentioned since when I started working in 2001. So I do believe you, but just switch company. Or maybe even just switch the department.

I remember there was a German man called Niklas Luhmann who taught the whole world how to organize a bunch of pieces of paper through a method called Zettelkasten. I would think the German people would have been proud of this.

I mean this inability to change with the time comes as a consequence of the fact that German’s aren’t having kids thus you’re going to see more immigrants being used to prop up the labor force and clinging to the “if it ain’t broke don’t fix it” philosophy that insures a never ending flood of paperwork at the Burgeramt.

blood money

@@ElijahSmith ... the same blood money the West drained out of Africa, Asia, India etc. That was real blood money. Germany had a choice not to purchase back then. The colonised countries had zero choice. Remember that.

That's the definition of over dependent. If something that was there was taken away and caused so many problems, you have a dependency problem.

Like addicts enjoying cheap hard drug like fentanyl? Not a dependency but an enjoyment.

@@ToudaHell Everyone is dependent on some key elements for their economy, but not everyone is as silly as the German government: following well-known US designs to decouple Germany from Russia. The Americans have always said: the goal is keep Germany down and Russia out. Trouble is, Germany is down and Russia does much better being out (I mean out of the small place called the EU, but in into the over 85% of the world)

If your economy depends on cheap Russian gas you don’t really have a business model

​@@appletree6741just like your partner Zelenksy is constantly on the move.

@@appletree6741 its dependent on political influence from across the Atlantic. Germany is not fully independent

Germany don't too much natural resources, it'll always need natural resources from other countries.

​​@@appletree6741it is clear that you have a dislike for Russia. However, what you said is nothing more than a bright phrase. Either you play an autarky like North Korea, or you maintain multiple connections, division of labor, optimizing your business. In the latter case, you are always dependent. Now you are just as dependent on the USA as you were dependent on Russia, only more expensive. What have you changed to what? you swapped a partner you just traditionally dislike for a partner who can blow up your property. Is this the business plan?

That is a small part of the problem with Germany's economy. The main problems are obviously that they no longer have access to cheap gas from Russia which affects many parts of Germany's economy (including what you mentioned), but it also includes China and global trade, which is much more significant. China's economy suffered a lot from the zero Covid policy, and it hasn't really recovered, and that has really hurt Germany's exports to China. Now geopolitics and trade has been turned on its head and Germany is just not in a good position to handle how everything has changed, as the video sort of covered.

When one door is closed another opens. More and more countries build infrastructure to ship liquefied gas and infrastructure for that is growing around the world in not so distant future we might have even cheaper gas . Also green energy production is growing with countries like Uruguay producing 100% , Brasil 70% , UK 46% Portugal 1st Q of this year 72% and so on

Natural gas in chemical processes in BASFs case can be largely replaced with hydrogen

You are correct. Germany should follow the model of Japan. As an American, I have been to Germany many times. The Germans are great people. The capitalist growth model which most advanced nations with have to change. The population is getting older. Like Japan, the culture is much more refined than the USA. The Germans will have a "lifeboat" ethics question as to how many non-Germans they should let into their country. The Japanese do not want non-Japanese people to live in their country. This has stagnated their economy but their culture is still very Japanese. They are getting profits from their Honda and Toyota factories built around the world to help support their local economy. The USA is way more multi-ethnic. Same with the UK.

Lots of problems with Fraking for oil and natural gas, plenty of environmental damage for short-term gains as is done in the US

Wasn't Germany de-occupied in 1950th ? From what you say it never happened.

It seems you are unfamiliar with basic european diplomacy, the European Union, Nato, and that the topic of this video is not the army, but the economy.

@@koenkeep NATO is not a military block? Are you kidding?

@@rouslankoutchiev6026 you seem to not understand what I wrote.

@@koenkeep You seem to not understand my sarcasm ))

Absolutely, its ruthless to small companies so they flee. How they expect innovation if they choke smaller developing companies in favor of massive corporations.

Did people realize this only now!? I have been complaining about this issue for almost 10 years, but I was merely labeled as a liberal (in the classical sense of the political and economical spectrum), meaning that I was putting the welfare of companies beyond that of people. Unfortunately, they are intertwined. But the German culture is not aligned with liberal views.

Tax and regulations is what EU does best

This so so true. Especially in the first year of a startup, you have to turn in the same tax reports as a multinational even if you might have not made a single €. It's ridiculous and they just deserve companies fleeing.

Lol. The only ones that profited from Russia's collapse was Putin and the oligarchs.

Germany had already turned off Nordstrom on their own decision. The bombing of an abandoned pipeline hurt no one.

@@speculawyer What he is saying in line 4. "Cheap energy". If you decide not to use it or it got blown up, then the cost for your product increase exponentially.

@@Tabula_Rasa1why don’t you ask why other European countries haven’t been as devastated by lack of cheap Russian gas compared to Germany? Germany got a double whammy because it cut off its nuclear supply too.

@@nicoles9077 German replaced the output of their nuclear reactors within a few weeks by expanding production of renewables and actually saved money in the process by shutting down their reactors early. The operating costs of a existing nuclear reactor is more expensive than the lifetime costs of renewables producing the same amount of electricity. The French are the only European country that produces most of their energy from nuclear power and they are paying more for electricity than Germany is, the EDF lost 18 Billion Euros last year despite being the perfect conditions for nuclear power with a shortage of gas driving up operating costs for conventional power sources. Since the EDF is owned publicly they make up the deficit by giving subsidies to the EDF, so French people are paying less on the electric bill while money is taken out of public spending (funded by their taxes) in order to make up the difference. You should ask yourself why the French are only building 6 new nuclear reactors when they have 56 nuclear reactors that need to be replaced if they're so happy to use nuclear energy. The French need 200 Nuclear Reactors if they want to completely wean themselves off of Fossil Fuels by the way.

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They are also based on export as their car industry is one of their main export pivots. Now judging by the fact that China's german car brands imports have dropped significantly and that chinese car brands are now attacking the European car market...you can easily draw conclusions.

The sun is setting on the white man.. they better prepare for the loong night ahead while the sun rises in the east!!

I wouldn't digitize everything, technological dictatorship should never come to be, "green pass" anyone?😂

Germany has the Nokia problem , thinking that all is working fine when the world changed already

@@oaanouar very apt analogy!

Europe should have grown its on IT giants like US and China did

The per user cost of Windows + Office is minor compared to the overall infrastructure, ERP (like SAP, PeopleSoft, ServiceNow, etc), cloud and custom applications. Over 90% of web servers and cloud infrastructure run on Linux. The single biggest IT personal productivity increase in the past 15 years has been Google's search engine, which may soon be replaced by generative AI. Having worked in IT for multiple Fortune 100 firms, I conclude effective use of IT is far more important than owning IT.

China's Huawei has developed its own IOT operating system Harmony. China also has it's own PC architecture, the Loongson with own chips, and operating system. Unlike Germany China has learn the risks of depending on the USofA.

SUSE is a Linux from Germany.@@hammerfist8763

@@joem0088well, they do because they are forced to. I wouldn't call them very forward-looking in this regard..

Its incredible because its also wrong. Switzerland Domestic consumption in 2021 lay at 62.5 million MWh BASF total energy consumption was 58.8 million MWh in 2021 That is still alot,but all of BASF uses about the same as Switzerland, but they have other factories arround the world.

Not willing to change. On point.

America rules over all its “allies”. No one stands up to the US but China.

our goverment is literally trying to destroy this country since around 20 years now, it's really sad tbh

The Chinese economic model is to steal what technology they can. If they can't steal it they'll import the factories that make it then subsidize its manufacture until they put the original German company out of business. They gutted wide swaths of the American equivalent to the German Rhine-Ruhr valley using this model, don't let them do it to you.

That's Europe as a whole. Spain has the worst fiber and connectivity issues. I went to Mexico and I was surprised they had better fiber and better connectivity than Europe.

EU in general should change their mindset from slow & steady to fast and nimble. otherwise they'll left behind. new era need new mindset.

@@3x157 That's shocking! It's a no brainer that the key to a 21st century economy is digital infrastructure, without it you're stuck in the slow lane. South Korea has 5G everywhere.

What % of the atmosphere is co2?

@@roddeazevedo They don't because Germany now has no nuclear, and their gas prices are much higher than they projected when they decided to prematurely shut down nuclear power plants. Since they have neither, they are forced to rely heavily upon brown coal

@@roddeazevedo They still do. But if you don't have domestic production to cover your needs, you are at the mercy of the international market, and its prices and availability

That is misleading. Nuclear energy, gas and coal are all very expensive sources of energy compared to renewables. Please look it up. Gas power plants are well suited for on-demand production of energy. They complement the renewables very well that can be unreliable. The contrary is true for nucelar power plants. Turning them on or off takes years. Germany imports energy from other countries at times but also exports it. For example to france, because their nuclear power plants are in such a bad shape. Having a european power market is a good solution for an efficient european power production. Autarcy is expensive and would be a failure of economic policy. Luckily european politicians are too smart to fall for that.

@@roddeazevedo I am not confused. This is about costs. Nuclear poweras as baseload is more expensive than renewables. Insulting me doesn't make your argument valid.

I’m an experienced SW engineer too, with multiple talks at prestigious conferences, patents, and a track record of contributions to core open source projects like kernels, compilers, etc. I’ve been in Germany for 6 years now and I’m beginning to regret it. Salaries are depressed overall Germany (that’s one of the tricks Germany export model worked in the past) + taxes are extremely high for salaries in the 90k+ range. Then after the Ukraine war, rent, heating costs, and groceries increased further. Add to that that a lot of Germans are closed minded and there’s racism if you’re not white (like me) where people make you remember constantly it’s not your country - even if you speak good German. Most of my friends who are in the top-talent bracket have left or are already leaving to the US. There’s no hope here for experienced professionals. A lot of immigrants here have similar complaints about the German culture’s non-existent acceptance of anything different. Overall, it’s a losing game.

​@@surfing_aroundthis is why i began to hate Germany after hearing all these things via online comments and discussion. I myself experienced their unneeded seriousness and lack of humor or kindness online

No, I will let tell what is happening the Europeans industrialized to fast. So the birth rate crashed the Germans ran out of babies by the early 2000, now their running out middle aged adults. Now this has happened before in 1840's many young Germans migrated to America because America still has a major "consumer market". In the 1840's America beer companies started popping up, so Anheuser-Busch (they make Budweiser beer), Pabst Blue Ribbon, Coors, and Schlitz Malt Liquor. Where all founded by German immigrants in America from the immigration of 1840's.

@@Madame702 Interesting.

Especially when German companies outsourced their production to China.. they lost even more reputation

Don't forget trump's and bidens protectionist measures discouraging German products. Tax tax and tax for German made goods and subsidies to American.

​@@Etendard1708Exactly. The whole point of german products was the higher quality which people wanted but by outsourcing to China which is cheap quality destroyed their reputation

the only thing worse is dependence on the US for defense, now what could go wrong there?

The deteriorating economic relations with both Russia and China are not because of either country, but US lust for hegemony forcing German US puppet politicians to sacrifice German citizens living standards for US benefit. Problem is vassalage to the US.

Who was promoting globalization in the first place ?

@@gumby2241 Z-bot explain to me how depending on US is worse than depending on ruzzia?

But that was better than now relying on them..

woke country

This is not the reason. Germany is being destroyed intentionally. If the EU hadn't supported the foolish Ukraine war and allowed the US to blow up Nordstream, German industry would continue to lead the world in engineering. This is politics not a lack of innovation.

This is correct. And so companies in Europe are discouraged from failing in many ways, for example, a CEO cannot acquire another business loan for a few years after they have gone under with a previous company.

Perseverance

I'm quite surprised that you don't mention the very bad influence of your country, the USA! Would Germany be in this position if your country did not provoke Russia to invade Ukraine so you could force on your 4x more expensive LNG on Germany and Europe?

@@vsr3777 Thank you for the perspective.

Greenpeace is strong wherever but in the US. If shutting down nuclear plants had been dictated by the greens in Europe which are not active at all in the US, than we can go further and state that the Germany's situation is US-inflicted.

​@@Intourist.Who listen to greenpeace hahhahaha 😂

Not going to happen. Germans are very adverse towards change.

Needs freedom

Germany is ruled by old people who are internet illiterates. They do not want to change. Also everything is delayed by Germany's insane bureaucracy, i.e. it takes up to 10 years to get all the necessary paperwork and permits to build a wind farm. 10 years wait time when there is an energy crisis! It is insane!

what Germany need is democracy and dad u.s

Germany will soon be poor.. haha. Going woke and now you're poor

Ageing population No enough skilled people. No Energy. Its difficult to stand alone and take decisions in Europe. America is controlling. No skills in IT and Digitalisation. Stereotype thinking. Superiority attitude with to others .No harmony in society.

that reminds me Putin sending 1940 year of production tanks to Ukraine...

​@@cowublYeah ofcourse we have stereotype thinking, thats normal and saves lives

Why would it be too high risk for Germany? We are your allies, not your enemy

@@weird-guy German engineering is good at integration, meshing supplier components into a cohesive whole. Look at a BMW or Mercedes, it's a host of supplier components, like ZF transmission, engine parts, accessories, etc. And the Germans are good at refining things to make them a little bit better over time. The problem is that the Chinese are by far the best in the world at refining things to rapidly make them a LOT better! Plus the Chinese are nearly as good at integration. And the Chinese are excellent at software, which is a direct consequence of their high ability at refining. Germany will still be a major automaker, but they won't be anywhere near the global presence they are today. The German automobile sector will contract to be more like 50 years ago: ruinously expensive, but very well made.

​@@DaddyFatSzack there is no permanent friends or enemies in geopolitics, only mutual benefits

@DaddyFatSzack with the chaos that politicians have been making since 2019, I could never ever trust them anymore, and I expect anything from them. Moreover, it is not always about conflict. It is about progression and having in-house tech. Germany makes the best cars, but do other countries stop making their own cars? Same for technology, agriculture, and any kind of production.

@DaddyFatSzack USA is not allied with any nation. They only find benefits. There is no alliance. There is only common interest. The USA is not a safe economic partner, nor is Russia nor China. Any nation must stand for his own, if not attacked by the Usa, in the first place.

When I was in Alemania (Germány) I was baffling knowing the Internet in costa rica was way better than there... Thats crazy....

For a German, responding to an email is a desecration! If they want me to respond, let them send me a proper letter in the post box! :D

Nope not necessarily. From 10 things you try out, one works, 9 only cost money. So you can compare it with crossing a mine field. Yes the one who leads might will cross it frist. But in 9 of 10 cases he will never make it to the other side finally. So to watch the developments and not instantly jump to every trend can be beneficial, if the company or country is able to master a new development quickly once it is clear what trend sticks.

@@nils9853 That's exactly our problem: We think mistakes are like mines, we have to avoid them at all costs. But eventually we die in the minefield anyway since we don't go any step further

Because it is irrelevant. The European grid is interconnected and synchronised. And importing nuclear power from France is actually cheaper than our own nuclear power has been. So turning of our nuclear reactors literally did not change anything. The french ones are just putting out some extra power for the time being, till we are 100% green energy.

💯

Solution? Green algae biofuel. ExxonMobil USA to partner with BASF Germany in opening up green algae biofuel production facilities along the sea coastal areas of Germany. ExxonMobil USA will gladly help because there are huge profits to be made in green algae biofuel. 🙏🙏

Good job Einstein! Great discovery…

Do you know that renewable electricity cannot be used alone. There must be at least 40% traditional generated power in the grid before renewables can be admitted.

lol @@ianrichards909

It shut down it's nuclear power stations. It has 61,000 MW of wind generation which is useless.

"Never change a running system" definitely is loved here. Even if that system runs on paper and fax machines.

@@Timo-qb1gfThis is super common. Not just a problem in Germany or Japan. It makes sense when you think about it. These systems cannot go offline for even 1 hour to make an unneeded change. While I was in the US air force all computer systems responsible for keeping radar live were still on windows xp and have not been turned off since the 90s. So America has this to the same extent really.

Good example of the car industry. Completely ignored the rise of EVs for too long.

I’m American and I agree but I recommend trying not to pick a fight with US government + corporations + THE AMERICAN PEOPLE especially. You will lose. The anti American hate is rather dull coming from people who are typing in English and practically worship American Consumer products whilst being reliant on the American world order. People need to be self aware.

Times of America and economies are done. Dragon(China) has awakened and has deep friendship with Snake(Russia). Tiger(India) is not far behind. While Eagle(USA, Germany) has soared high for long. It will need to come down to prey. The new stage is set. Let the Games begin.

@@ancient_living China's population is sinking fast and it has no option but for wages to rise over time and so China will become too expensive to make cheap goods which means China needs to make higher value goods but if that fails then it has to pivot to consumer economy but the problem with that is Chinese don't buy enough goods to sustain such an economy. Germany is pretty similar it is in the stage of being a high value economy but will need to switch to a consumer economy yet Germany has also aging population and ever rising costs and yet its population do not buy enough goods to sustain the system. You also praise Russia which is in all level a failed nation, it has no real economy other than military which is of very poor quality. And India is not on China's side and never will be, India is not on the west's side either India always goes it alone so don't count on them being on China's side because they are not. Eventually China will kick India out of BRICS becasue they will prevent any actions taken.

While US government internal squabbling can be dysfunctional and foreign policies overbearing, excessive and deserving of criticisms, equating those to an autocracy is a bit of a stretch, frankly reeked of reflexive anti-Americanism and intellectual laziness. It's to hard to come up with something more substantive so just throw out one of those provocative ethnic hate mongers. In both Germany and America, the people WILLINGLY throw away their electoral powers as a result of corporate influences, thinking small and throwing invectives without thinking critically, deeply, like your statement.

@@Wilhelmofdeseret Eng·lish /ˈiNG(ɡ)liSH/ adjective relating to England or its people or language. noun 1.the language of England, widely used in many varieties throughout the world. 2.the people of England

Spot on

Germany already dominates international courier services.

The irony here is that Germany more or less did exactly the same thing to the UK when it first industrialised in the 19th century Germany learned everything it could from the foremost industrial power at the time (the UK) and once it had learned everything it supplanted them so by the turn of the 20th century German industry had left British industry in the gutter History repeats itself

Germany economy will get smaller, their is a population collapse. When that happened last time was in 1840's. America saw a massive wave of German immigration. Many of the Germans of that day created the companies like "Anheuser-Busch, Coors, Schlitz Malt Liquor, and Pabst Blue Ribbon".

you'd better ask yourself, why german not fully trust US any more after Ukraine war? as long nordstream broken, US still hold the german neck from another side.

Income will never be equal lets face it. The problem with EU is that asia(korea,japan,china) and USA can produce things that are better and cheaper than that of europe. I cant remember the last time a big company emerge from europe. The big brands of europe are LVMH,diageo,BP,Total,Shell,pernod,mercedes,BMW. The few big companies i mentioned are lifestyles and its not a need but a want. Even the oil companies are small compared to chevron and exxon. In asia TSMC leads in chip manufacturing, toyota honda mitsubishi can produce cheaper cars than european cars. Our daily life electronics are IOS, microsoft and google. Phones its just apple , huawei and samsung. Theres a need for innovation in europe or its gonna lack behind so bad. Plus the welfare system and influx of asylum seeekers will affect EU economy.

@@Lucas-wn5wmWhile you cannot name big European manufacturers, that just means you have your blinders on. Largest, non-state owned shipping company? Fincantieri. Largest maritime logistics companies? MSC, Maersk and CMA CGM. Third largest construction machinery producer? Sandvik. Largest pharmaceuticals exporters? It's the big three in the EU and it's not even close. Largest contracts biologics manufacturer? Lonza. The EU makes lots and lots of stuff. It makes buttloads of stuff. It's not sexy, but it is essential. The issue is the Maastricht Treaty and Bundesbank make it so European countries basically have to compete with one arm tied behind their back due to sovereign debt restrictions. Germany has the surplus and credit worthiness that they could go out tomorrow and borrow $600 billion to finance economic regrowth. However, the debt break and Maastrict Treaty restrict them from being able to do that.

@@ryankwan1934 but im also curious about the innovation in the tech space. Right now problem with first world producers is rising of labour cost.

I am also surprised that the reported admitted that one of the economic problems is that the society is... roughly said, greedy. If the German economy is based on production of goods, you have to buy them in order to work.

The Youngs are important

Isn’t that the goal? Otherwise, why do we have low wages and high housing costs all over the world ?

That’s exactly the problem, Germany is far too small to be able to address its own economic issues on the world stage, this isn’t the 1900s anymore, European nations are far too small and insignificant to really matter. Our only way to survive and have any sort of voice in the world is by standing strong together.

@@kronus4915 the US isnt standing with you... its standing on you

USA, it will be still strong (but it can blown up the current money system, Bretton woods. Will rule the shatters of western EU), Britain (will rule the shatters of eastern EU, after blowing up system), China, Russia, maybe India.

I don’t think so. China is shrinking at a rapid rate and is dealing with a major housing crisis. I could see India continuing to expand its interests, but it’s most talented workers leave. Russia is dead in the water, old population and a lack of finding capital to do much growth

​@@gomerpyle7721I think China still has fire in them. India is emerging market. Russia is in decline since fall of Soviet. EU need to come back

Inflation the hidden tax. What you are saying isn't correct. Tax on companies is different and what makes people like elon musk come here???? You tax people more and they will leave or not come, like California or New York.

Nordstream pipelines

In other words over-reliance on American interests has killed the German economy.

Not at all!

Economic BS: " “What is remarkable about these trends, is that the costs of renewables continue to fall due to incremental manufacturing and installation improvements while nuclear, despite over half a century of industrial experience, continues to see costs rising,” stated the report, citing a recent study from financial advisory and asset management firm Lazard. “Nuclear power is now the most expensive form of generation, except for gas peaking plants,” added the study, which did not provide an LCOE for gas peaker generation."

nuclear power is a scam.

@@peterstockhaus2709 many of the cost is in building the nuclear power plants. These plants were already built.

if they are not moving the production to china, their price will be high, china will produce cheap alternative at low cost and low quality in the beginning, but after many iteration the quality will be on par with german products. so, either way, they'll declined.

That's probably why having sovereignty is so useful... you know, so you can do stuff that benefits your citizens, not someone that has been occupying you since 1945...yeah, the ones fighting for freedom and democracy...

Typical everyday German casual racism. This is why most of my friends in the top-talent bracket that I migrated to Germany are leaving to the US and other countries. Enjoy your unfounded superiority … while it lasts 😬

​@Brunel1859 You're actually proving the OP's point. Germany is strong in status quo or legacy technology such as BMW and Mercedes gasoline engine vehicles but not so much in cutting edge tech like Tesla electric vehicles. There simply is no German version of Apple, Google, Amazon or Microsoft.

@Brunel1859 BMW and Mercedes make very small numbers of electric vehicles but the Chinese make several million EVs each year. Autos and industrial machines are necessary for modern life, but that doesn't necessarily mean Germany will always be a leading producer. BMW/Mercedes selling EVs for over $100K makes Germany just a small niche producer of overpriced EVs. You do realize that you are messaging on a Google owned site? Life, especially for young people, is increasingly digital. Britain used to be the workshop of the world, leading the Industrial Revolution. But it stuck too long to old industries like shipbuilding and textiles in the 20th century where it had prior success. Every country has to innovate to thrive.

@@Brunel1859 I have yet to meet someone who believes that the future of EV is in Germany rather than US/China or elsewhere in Asia. I don’t see German car brands winning EV though I’ll be happily surprised of they do … i expect a slow decline of German car manufacturing over the next 10-20 years with increasing market shares of Asian brands

@@Brunel1859 cope

German steel is top quality. I don't think the Asian steel really rivals it except perhaps Japan. The way I see it is if you use a tool occasionally, then their products will be OK, but if you use a tool all the time in a professional capacity, German tools are going to save you time and money in the long run, and save a lot of frustration.

@@Andrew-rc3vh Unfortunately the issues with German products have nothing to do with the steel quality it’s about reliability. I’m an Australian and have owned Volkswagen and Mercedes vehicles for years but now I’ve moved to Japanese vehicles from Toyota, Subaru and Honda that are cheaper but provide the reliability and quality I expect. German vehicles look great but their purchase cost and servicing costs are excessive with unacceptable reliability. Even our Miele washing machine has been replaced with a South Korean manufactured equivalent that’s cheaper and more reliability. Made in Germany no longer justifies the extra expense when Asian manufacturers produce consumer products that are cheaper, look good, operate efficiently and are more reliable.

@@johnchristie162 Miele seems to me to have become a kind of fashion brand and over-priced. I was going to buy one but thought twice about it and got an AEG instead. It's beautifully engineered and has worked perfectly. It's not flimsy like lesser brands can be. Steel is very important in tools. To get a sharp cutting edge which stays sharp is tricker than it might be imagined. Also screwdrivers that bust up in your hands etc. Much these days is not engineered to withstand abuse.

@@Andrew-rc3vh I’ve worked in the manufacturing industry all of my working life. German manufacturing machinery, tools and products were the choice for quality, reliability and weren’t significantly more expensive. Unfortunately that era has passed and Asian manufacturers have caught up. Japan in our part of the world replaced European manufacturers as our preferred suppliers decades ago but now China offers manufacturing at quality levels that surpass expectations, they’re reliable, cost competitive and operate even more efficiently than their counterparts. Yes they still produce some junk at low cost but it’s your choice as they offer quality price points at all levels. It’s a very competitive world out there and energy costs, labour costs, productivity efficiency and financial desperation that drive success so the next countries to succeed will probably come from the global south in the decades ahead.

@@johnchristie162 I agree, China is very good value for money. The thing is there are areas where China just has not got the knack. Steel production is one area, but I've also found some specialist parts like electronic sensors they have not got the tricks of the trade, so they can fail or be inaccurate. I'm sure they will figure it out eventually, but it is a tall order to be master of all trades.

Which came after Germany's error in starting being over dependent in the 90's. And then deciding to close nuclear power plants.

ursula gertrud von der leyen work for the u.s, not for the Germany

True they act like they don't know cheap Russian energy made their products competitive

If your economic model builds on cheap Russian gas only, it’s doomed anyways

@@appletree6741 Now Germany's economic model is built on expensive American LNG and... expensive Russian LNG. Well, now it is 100% doomed

I strongly agree, I think it’s quite evident that European nations are far too small to be able to address their economic concerns on the world stage all by themselves. We need a solution that is Union wide.

American salaries are not comparable to any other country imo , not just IT but any STEM branch

@fahdjafri87 If you want to move to another country as a Software Engineer, USA is a go-to since you know English and salaries are the best there for skilled workers. If you're set on Europe it's probably London (not even the rest of UK). EU has smaller tech hubs, mainly in the Nordics and Baltics.

Now deduct the income tax from the gross salary. As a senior in IT industry you can get 80k-90k per annum in London, with much lower taxes than in Germany.

Indeed, very shocking...this is the "polically correct" tak to avoid "shocking" ...reality is very harsh and difficult to digest:Germany will not recover in next 20y

> The United States is the land of the free. Free drug use, single motherhood, crime, guns ----all kinds of social deviancy. The catch is that you will also bear the negative effects of foolish decisions. So the homeless serve the useful social purpose of illustrating foolish behavior you should NOT do.

They are not so advanced. Watch the video again. They are lacking in talent, infrastructure and digitalization. They are less digitally adept than their European counterparts. Their economy has been good up until recently because of cheap energy from Russia and large market for its goods in China and importing cheap goods/supplies from China. But since cheap energy pipelines have been blown up and Europe’s decoupling from China, that has doomed the German economy.

Totally agree. I’m not a German, worked for a German company, and regularly visited the head office. The before the war they hired so many new folks, only few of them were native German (including Germans with immigrant background). Quality of accounts done by them were way behind our office in Ireland. New folks can’t speak German properly, and had an impression that they were neither qualified; there was also communication problem between senior staff and juniors. It was a mess… yes, up until now I was correcting their errors on excel. Thankfully I am no longer part of this… And this is a big German finance company 🤷🏻‍♂️

US, Australia, Canada don't have issue with lack of immigration. Maybe Germany is not attractive for skilled East European immigrants anymore? There is no big discrepancy in salary level amid EU nowadays and when it comes to immigration people choose countries with less barriers e.g. which has English as most educated people can speak it to the some extent.

@@alekdemj well those countries have huge barriers „before“ immigration and Germany doesnt. As you know through Syria, Ukraine and many more conflicts in the Middle East and Africa, people came through all European countries to Europe. Sadly most of those people arent well educated or arent what Germany is looking for. With the bureaucracy part you are also right that Germany didnt do the steps towards digitalisation of the government offices to enable faster process and efficient process. The countries you counted dont have immediate borders to conflict regions over the land, so for comparison they arent suitable.

Germany has only one problem, the incompetant, naivi idealist and american's boot licker politicians.

Migration is not bringing germans in, but foreigners. You can't refill a cooking oil bottle with water and then say it is full again. But that is the big lie we are all telling ourselves in the west. We have to fix our native ethnic population birthrate, not import foreign hordes.