These Times
Germany's Economic Reckoning
Feb 27, 2024
The podcast delves into Germany's economic struggles, energy shocks from Ukraine, and disruptions like strikes. It explores Germany's ties with China and Russia, challenges in maintaining autonomy, and the impact of global shifts. The episode also touches on retirement savings for Black Americans, Meta's dark side, and Germany's response to Russia's invasion. It highlights Germany's vulnerability to high energy prices, shifts in global relations, and internal divisions on approaches towards China.
56:46
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Quick takeaways
- Germany faced economic struggles due to energy shock post Russia's invasion of Ukraine and challenges from Chinese competition.
- Germany's economic ties with China and Russia offer opportunities but also present challenges in adapting to global economic shifts.
Deep dives
The German Economy's Struggle Amid Geopolitical Challenges
Germany, a key player in the EU with a strong industrial economy, faced economic struggles following the energy shock post Russia's invasion of Ukraine. The country's industrial sector suffered amid rising gas prices and competition from China. The podcast delves into Germany's historical industrial strength and its challenges in adapting to global economic shifts.
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