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→Economy
By 2025. Germany was in a troublesome economic place as a result of (1) former [[leftist]] Chancellor [[Olaf Scholz]] alignment with [[climate change]] policy, radically changing the German [[energy]] base and driving up costs; (2) [[Ukraine aid]]; (3) the financial burden of mass [[African]] and [[Middle East]]ern [[immigration]], and (4) [[Trump tariffs]] that effectively ending the post-[[World War II]] [[Marshall Plan]].
By 2025. Germany was in a troublesome economic place as a result of (1) former [[leftist]] Chancellor [[Olaf Scholz]] alignment with [[climate change]] policy, radically changing the German [[energy]] base and driving up costs; (2) [[Ukraine aid]]; (3) the financial burden of mass [[African]] and [[Middle East]]ern [[immigration]], and (4) [[Trump tariffs]] that effectively ending the post-[[World War II]] [[Marshall Plan]].
The German Federal Statistical Office confirmed that [[GDP]] contracted by 0.2% 2% in 2024 following a 0.3% decline in 2023. This means Germany's economy is now only 0.3% bigger than it was in 2019. Essentially 5 years of zero growth. Compared to
The German Federal Statistical Office confirmed that [[GDP]] contracted by 0.2% 2% in 2024 following a 0.3% decline in 2023. This means Germany's economy is now only 0.3% bigger than it was in 2019. Essentially 5 years of zero growth. Compared to the [[European Union]] average growth of 9.5% since 2017 while Germany managed a pathetic 1.6%.
the [[European Union]] average growth of 9.5% since 2017 while Germany managed a pathetic 1.6%.
[[Goldman Sachs]] projects Germany will expand by only 0.3% in 2025, compared to 0.8% for the Euro zone and 1.2% for the [[UK]]. [[Industrial]] output in Germany has fallen to just 90% of its 2015 levels by 2024. Meanwhile, [[Poland]], once has surged to 152% of its 2015 industrial output over the same period. According to the German Chamber of Industry and Commerce,
[[Goldman Sachs]] projects Germany will expand by only 0.3% in 2025, compared to 0.8% for the Euro zone and 1.2% for the [[UK]]. [[Industrial]] output in Germany has fallen to just 90% of its 2015 levels by 2024. Meanwhile, [[Poland]], once has surged to 152% of its 2015 industrial output over the same period. According to the German Chamber of Industry and Commerce, 45% of energy intensive companies are now considering production cuts or relocating abroad, up from just 25% in 2022.
45% of energy intensive companies are now considering production cuts or relocating abroad, up from just 25% in 2022.
Germany's automotive sector along the backbone of its export economy is in freefall. [[Car]] production in Germany fell by more than 25% between 2017 and 2023. German giants like [[Volkswagen]] and [[BMW]] are being out-competed by Chinese manufacturers like BYD and Neo were flooding European markets with cheaper, better [[electric vehicle]]s.
Germany's automotive sector along the backbone of its export economy is in freefall. [[Car]] production in Germany fell by more than 25% between 2017 and 2023. German giants like [[Volkswagen]] and [[BMW]] are being out-competed by Chinese manufacturers like BYD and Neo were flooding European markets with cheaper, better [[electric vehicle]]s.