German Economy: From Powerhouse to the Punk House
“We can no longer invest in the old, fossil-fuel technology and we don’t yet know in which new technology to invest.” – Martin Gorning, GIER
- Germany’s inability to generate meaningful growth is casting a shadow over the long-term prospects for the economy
- A country long seen as Europe’s motor of expansion is increasingly looking like a deadweight
- Of the 10 quarterly GDP readings since Scholz took office, more than half showed either nearly no growth or a contraction
- At the heart of Germany’s weakness is the manufacturing base that sustained export-led growth for much of this century
- end of cheap gas imports from Russia was a body blow that companies are still struggling to get past, especially in energy-intensive industries
- Germany’s car manufacturers, a central pillar of the economy’s past success, are also trying to make up for lost ground as they confront
- Only 12% of Germany’s newly registered vehicles are electric — last year it was more than 20%
- The roots of the economy’s struggles go beyond cyclical volatility — half of an estimated 7% shortfall in industrial activity is structural
- Germany is struggling with a shrinking workforce, bureaucracy and an uncertainty over the political direction for decarbonizing the economy
- The self-imposed restrictions on government borrowing due to the so-called debt brake means there’s little leeway for public spending to address the country’s long-term economic problems – Bloomberg
Source: https://global-macro-monitor.com/2024/07/28/german-economy-from-powerhouse-to-the-punk-house/
Anyone can join.
Anyone can contribute.
Anyone can become informed about their world.
"United We Stand" Click Here To Create Your Personal Citizen Journalist Account Today, Be Sure To Invite Your Friends.
Lion’s Mane Mushroom Nootropic
Mushrooms are having a moment. One fabulous fungus in particular, lion’s mane, may help improve memory, depression and anxiety symptoms. They are also an excellent source of nutrients that show promise as a therapy for dementia, and other neurodegenerative diseases. If you’re living with anxiety or depression, you may be curious about all the therapy options out there — including the natural ones.Our Lion’s Mane WHOLE MIND Nootropic Blend has been formulated to utilize the potency of Lion’s mane but also include the benefits of four other Highly Beneficial Mushrooms. Synergistically, they work together to Build your health through improving cognitive function and immunity regardless of your age. Our Nootropic not only improves your Cognitive Function and Activates your Immune System, But it benefits growth of Essential Gut Flora, further enhancing your Vitality.
Our Formula includes: Lion’s Mane Mushrooms which Increase Brain Power through nerve growth, lessen anxiety, reduce depression, and improve concentration. Its an excellent adaptogen, promotes sleep and improves immunity.
Shiitake Mushrooms which Fight cancer cells and infectious disease, boost the immune system, promotes brain function, and serves as a source of B vitamins.
Maitake Mushrooms which regulate blood sugar levels of diabetics, reduce hypertension and boosts the immune system.
Reishi Mushrooms which Fight inflammation, liver disease, fatigue, tumor growth and cancer. They Improve skin disorders and soothes digestive problems, stomach ulcers and leaky gut syndrome.
Chaga Mushrooms which have anti-aging effects, boost immune function, improve stamina and athletic performance, even act as a natural aphrodisiac, fighting diabetes and improving liver function.
Try Our Lion’s Mane WHOLE MIND Nootropic Blend 60 Capsules Today. Be 100% Satisfied or Receive a Full Money Back Guarantee. Order Yours Today by Following This Link.