Germany's days as an industrial superpower are coming to an end
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Re: Germany's days as an industrial superpower are coming to an end
#2Re: Germany's days as an industrial superpower are coming to an end
#3I feel I've seen this movie before.
Re: Germany's days as an industrial superpower are coming to an end
#4Anecdata: investment in robot and 3D builders is ramping up in Germany in response to labour shortages and increasing costs. Source: a German friend in the sector.
I guess it’s good this issue is being openly discussed. Having a good problem statement is always a good start. By contrast in the UK, deindustrialisation of the 80s/90s/00s was not a massive political topic. And the ensuing enshittification of the economy caught many by surprise.
Re: Germany's days as an industrial superpower are coming to an end
#5The article lists a lot of things going bad for Germany. But was there some underlying reason? Like demographics, shrinking population?
Or is it just the obvious , Russian gas, rising Energy costs, now their prices are too high, so exports are down.
Re: Germany's days as an industrial superpower are coming to an end
#6The article lists a lot of things going bad for Germany. But was there some underlying reason? Like demographics, shrinking population? Or is it just the obvious , Russian gas, rising Energy costs, now their prices are too high, so exports are down.
I'd say the main problem is "leadersh*t", incompetent captains of industry. It's so pervasive and prevalent that I really don't see any hope for them. People are also getting more and more unprofessional and expect high pay for subpar results. Devs on the other hand are hugely underpaid and the country operates in a two caste system of managers vs everybody else though not as badly as the UK. There is also a high aversion to risk; a friend of mine who built a successful company told me that in order to get 1M from a bank they essentially had to pay them 1M upfront.
Re: Germany's days as an industrial superpower are coming to an end
#7The article lists a lot of things going bad for Germany. But was there some underlying reason? Like demographics, shrinking population? Or is it just the obvious , Russian gas, rising Energy costs, now their prices are too high, so exports are down.
I think the dependence on china as a) a competitor in the supplier market, b) as a sales market and c) as an indispensable supplier of semi-finished products for its own industry also plays a major role.
Re: Germany's days as an industrial superpower are coming to an end
#8The article lists a lot of things going bad for Germany. But was there some underlying reason? Like demographics, shrinking population? Or is it just the obvious , Russian gas, rising Energy costs, now their prices are too high, so exports are down.
Yes, i think all ofthese are factors.
A particularly annoying one is the debt break (Schuldenbremse) Germany introduced a few years ago. It prevents many investments currently. This one could be fixed relatively quickly though.
Re: Germany's days as an industrial superpower are coming to an end
#9I feel I've seen this movie before.
what?
Re: Germany's days as an industrial superpower are coming to an end
#10People are blaming energy prices but I don’t understand:
As far as I can tell, wholesale prices for both gas and electricity are lower than before the start of the war.