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Slowly Germany is appearing unable to compete without Russian resources. Not even undervalued euro is enough. An open secret obvious to everyone yet their polit
by lifestyleguru 2y ago
Slowly Germany is appearing unable to compete without Russian resources. Not even undervalued euro is enough. An open secret obvious to everyone yet their politicians until 2022 had been claiming with poker face that's all hard work and pure business.
- disgruntledphd2 2y agoI honestly don't think that's true. Yes, they need cheaper energy for some industries (cheap energy is almost always useful), but they're still doing well. Now that they've (finally) accepted that the debt brake was a terrible idea, I'd expect them to return to growth (and indeed their precision manufacturing is gonna be helpful in this turn towards defence spending).