Bloomberg The end of the glorious period of German industry

Mondo International Updated on 2024-02-16

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Germany is the economic powerhouse in Europe and for a long time it was a global leader. After Merkel came to power, Germany's economy continued to develop steadily, and at the same time, it also had a high level of international competitiveness. However, after Scholz became Merkel, Germany encountered many challenges and changes.

Mr. Scholz was a fairly ordinary leader, he did not control the intricacies of the country very well, and many people in Germany had their own opinions and ways of doing things. As a result, it will be difficult for Scholz to assert his independence, as Merkel did, and for him to resist American pressure. Although Scholz wanted to stick to Merkel's policies, Germany's economy was struggling because of domestic and foreign conflicts.

Germany's GDP decreased by 03%, up to 44 trillion, reaching an unprecedented economic downturn. Thankfully, Japan's GDP is only 4At 23 trillion, Germany surpassed Japan for the first time and became the world's third largest economic power. However, due to Germany's long-standing foreign trade deficit and the transfer of high-quality German products abroad, the German industry is gradually declining.

Discontent among the lower strata of German society and the rise of right-wing parties.

The sluggish economic situation has brought great tension and confusion to the lower strata of German society. This provides an opportunity for right-wing parties such as Choice to grow rapidly. We cannot ignore the rise of right-wing parties, whose influence on Germany is also growing. Farmers in Germany took to the streets in their tractors to demonstrate, causing a wave of unease.

But Bloomberg published an article on Scholz's visit to the U.S.** office titled "Germany's Industrial Power Era Is Coming to an End," which not only listed a group of German companies struggling in pain, but also claimed that German industry was on the verge of complete disintegration. This is clearly a relentless report on the economic crisis in which Germany is currently found.

The United States has long pinned its hopes on Germany's continued dependence on its energy and has tilted German industry towards the United States. Germany has to deal with high oil prices, and many companies will move or go out of business. Although Germany has been abiding by its responsibilities as an ally for nearly two years, the Bloomberg report clearly exacerbates its situation far from expressing sympathy or approval.

3. The difficulties that Germany is currently facing and their external causes: Germany has been under the rule of the United States for a long time and has no independent national status. Before World War I, Germany had despised the United States, but now it has submitted to the United States. Germany has been caught up in a variety of pro-American forces, and few really want independence. After experiencing the union with the United States, Germany has achieved certain achievements in some areas, but at the same time, it is also constrained by the strategic plan of the United States.

In recent years, Germany has been actively cooperating with Russia and has achieved great results that will allow it to achieve 2With a GDP of 23 trillion yuan, it ranks 9th in the world. But in Germany, there were also many people from social strata, who expressed strong dissatisfaction with this and launched demonstrations.

Germany, despite the enormous benefits it has gained from places like China in the past few years, is admirable for its seriousness and pragmatism. However, the political and economic shifts in recent years have raised doubts about whether Germany can extricate itself from American dependence and continue to maintain its independence and competitiveness.

Germany is currently in a serious social environment, both economically and politically, which is a serious problem. With the discontent of the lower classes of German society and the rise of right-wing parties, the country's former era of industry has come to an end. Germany's future, along with a number of external reasons, remains uncertain.

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