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17min chapter
Kaput: The End of the German Miracle, with Wolfgang Münchau
Many Happy Returns
Germany's Economic Evolution and Challenges
This chapter examines the intricate dynamics of Germany's economy, focusing on its decline post-2018 and the impacts of deindustrialization, particularly in the automotive sector. It discusses significant geopolitical factors, such as energy reliance on Russia and rising competition from China, while reflecting on the political shifts and misconceptions surrounding Germany's energy policies. Additionally, the chapter highlights the challenges faced by the tech industry, marked by a reduced capacity for innovation and adaptation in a rapidly changing landscape.
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