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I think there are some misconceptions about the state of the german economy/society. The development has actually been quite worrying over the past 20 years. Mo
by vk23 9y ago
I think there are some misconceptions about the state of the german economy/society. The development has actually been quite worrying over the past 20 years.
More and more people are receiving social welfare despite working full time and poverty rates are rising. There is also a shortage of skilled workers which is not easily compensated with foreign workers due to the lack of a proper immigration system.
With the current development in the car market (think VW) which is still one the power horses of the german economy and the lack of german electric cars its hard to say where the german economy really stands.
- RobertoG 9y agoAll that is true, and it's the consequence of internal devaluation through austerity. It's fascinating to see how that is sold to the population, in the middle of an export boom, and very low inflation.
- rusk 9y agoI wouldn’t say it’s so much sold, as rammed down our throats!
- rusk 9y agoYes, but many of these issues can speak to the European economy as a whole, maybe even “the west”. I’m speaking comaparatively though. Perhaps unemployment is an issue right now but the quality of the social safety net in Germany should take the sting out of that!
- krrrh 9y agoAnother post on the front page notes that BMW sold 100,000 “electrified” vehicles (of which ¼ were 100% BEV) in 2017. The s-curve on electric vehicle adoption has barely started to rise and will take 20+ years to complete. German manufacturers’ market timing is far from being proven wrong.