Germany's Struggles: Compromises, Technological Decline, and Globalization

This chapter discusses the current state of Germany and its challenges in terms of policy decisions, technological advancement, and globalization. It covers the compromises made between incompatible parties, the decline of Germany's technological prowess, China's dominance in the electric car industry, the government's support for the car industry, the impact of the diesel scandal, fears about job security, and the battle between the old and new business communities. The chapter also explores the rise of the AFD party, opposition to supporting Ukraine, and the potential emergence of a new party on the left. The speaker proposes a more pragmatic and trade-focused approach towards international relations and discusses the dangers the EU faces due to its potential ineffectiveness. Additionally, the chapter examines the missed opportunity for the UK to shift its economic model post-Brexit and the need for a new vision to avoid sclerosis or paralysis in Europe.