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Author Topic: Recession soon?  (Read 1363 times)
pooya87
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March 31, 2024, 03:23:21 PM
 #141

Germany is in recession due to a narrow minded aging population.
The problem is having a single point of failure.

Take the least economically developed countries (LEDCs). Almost all of them have a single point of failure which is having a single-product economy, take that product away and their economy falls apart.

Germany (and other EU countries like it) also have a single point of failure which was building a massive industrial economy that relied on importing super cheap energy. Something Russia abused too by the way. Any energy price higher than "super cheap" meant deindustrialization, the higher the price the larger the deindustrialization because such products can not compete internationally with competitors like China that both have access to cheaper energy and super duper cheap working force.

This is not narrowmindedness, this is just lack of resources. This not for today either, Europe has been like this for centuries, with countries that were at each others' throats for fighting over resources and later over off continent colonies. The darkest times were 20'th century where their wars poured into the rest of the world and we had European War 1 and European War 2 which are commonly known as WW1 and WW2.

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WillyAp
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Looking for guilt best look first into a mirror


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March 31, 2024, 03:40:15 PM
 #142


This is not narrowmindedness, this is just lack of resources. This not for today either, Europe has been like this for centuries, with countries that were at each others' throats for fighting over resources and later over off continent colonies. The darkest times were 20'th century where their wars poured into the rest of the world and we had European War 1 and European War 2 which are commonly known as WW1 and WW2.

Do you speak German?
We cater for the German market and about 60% of our clients went crying instead of doing.
We sold article places for a Scandinavian company about 1000 e a month worth, now we sell them articles about 500 € a year worth.
Your single point is looking only at industrial levels, German are blaming their Government. Most of the guilt is on them.
When older you grow more cautious.
Now do yo speak German or just judge by articles you read?

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