@@dtsh4451 He was asked specific questions about the German economy. Yes we have falsely invested into Nordstream 2 and Russianized our hole energy Infrastructure (at least in heating terms), yet it doesn’t mean there can’t be made other improvements to compensate this Monopolistic Energy Structure. Unfortunately Russia largely controlled the Natural Gas supply to Germany by the beginning of the Russian invasion of Ukraine.
Why doesn't anyone ask: ‘How do you feel now, almost 4 years after the Merkel bubble burst?". Why are we ignoring these details and blaming the new government as Merkel's environment never existed? Don't get me wrong, I was a Merkel supporter, but I'm not ignoring that "the wind has changed".
Merkel sabotaged germany on purpose, she left nuclear to be more dependent on russia gas (nord stream 2), she approved volkswagen technology transfer to china and didnt transform germany industrially (Technology era).
It's fascinating how nowadays people, including the CNBC journalist, insist that the solution to all problems is debt spending until kingdom come. It speaks a lot about the mindset today.
Debt itself isn't inherently problematic, just look at the US, Japan, China, or Switzerland. The real issue lies in declining productivity and insufficient state investments, as is currently being exacerbated by Lindner's policies. That's the issue. From a macroeconomic standpoint, debt is only an accounting entry it can effectively be "managed away" as long as it's in the state's own currency, which is a practice countries like Switzerland and the US have followed for decades now with good results. People often misunderstand this, confusing state debt with household/companies debt. Unlike private households and companies, which are currency users with limited funds, the state acts as a currency issuer and isn’t constrained in the same way. Despite common claims from neoliberal to left-wing politicians, the state doesn’t rely on its citizens for money, it provides it to them. Therefore dept is not an issue it's actually needed to rise macro economic productivity with it.
it's called investing. But you're right, if the foundation (infrastructur, edcucation, fast bureaucracy etc.) is bad you can spend as much as you want it doesnt matter. Germany's highest spending is for pensions but noone wants to touch that bc of votes. They still subsidize the car industrie which got managed to death by conservatives like Lindner.
To be a successful business owner and investor, you have to be emotionally neutral to winning and losing. Winning and losing are just part of the game. Risk comes from not knowing what you are doing.
I strongly agree. Without him government debt and misinvestment would skyrocket! While economy would decline even more... sadly in Germany the media landscape is toxic, otherwise FDP would get much more votes… he is exactly right, to get more productive we need less bureaucracy, regulation and also making it easy and cheap to run companies and invest in stocks also for retail investors.
@@rannickcauthon1821 Excuse me. You are commenting on a US network and you are saying that the media landscape in Germany is toxic. Give me a break. Tagesschau is the most neutral news show you will ever find, on this beautiful planet. It’s so neutral, it’s boring.
He says NOW is the wake up call to do economic changes! After many years of bad economic growth, NOW is the wake up call? That means even if he did economic changes exactly today, economy will still stay the same or even worse for atleast the next few years! Talk about German resistance to change!
Lindner proposed important changes over a LONG time! Sadly many german voters have little knowledge about economic issues and therefore the FDP has not enough votes to get much needed changes done in the german political landscape… Additionally the german media has also very little knowledge about economic issue! After all, they just studied journalism and are badly informed but highly opinionated, providing disservice and promoting bad ideas…
He cant do magic. German industry has been ignoring the changes in tech and in requirements and circumstances for too long. VW was not able to build a really proper electric car until the ID.4 came out. This is utterly insane. Things change now though. Germany has a 50% share in green international patents from Europe. It wont help too much short term, but things like this show that there is a big long term oppotunity.
@@isosthenie8271 the problem is not old companies ignoring the future. The problem is there are not much new companies disrupting the old, largely because it’s to complicated in germany to get capital and run a business!
As someone who lives in Germany, let me clarify something. Christian Lindner’s claim that European fiscal rules are the reason he won’t address the debt brake is false. The German debt brake permits significantly less debt than EU rules allow. EU law permits 0.5% debt per year, while our debt brake only allows 0.35% debt per year.
Debt is not a solution.. Wanna be Greece of Europe!? If you think more debt is the solution for Germany.. when Germany enters Greece level it will be end of EU project. Debt is addictive, just see US.. US has Fortune of Dollar unlike Euro.
Ya all don't understand debt. There are 3 kinds of debt. a) Loans funding financial assets circulating in the banking system - GDP Neutral, just blows up money supply and distorts the economy. BAD. Housing loans would fall into this category b) Loans funding consumption. - GDP "increasing" by blowing up numbers, inflationary, very dangerous. Car loans and credit cards would fall into this category. c) Loans funding production, new infrastructure and new value overall. Very good. It's what China did for 40 years for example. You know what kind of debt the politicians want to take on? You can guess 3 times. DING DING DING. It's a) and b). Debt doesn't go into building something new, it goes into maintaining existing infrastructure. It goes into maintaining existing systems. No new value is created. Take on more debt to pay pensioners? Take more debt on healthcare? What new value did we create? NONE. And the politicians are lying to you. They act as if the debt acts like debt in c). It doesn't. It can't.
no it s not false. There are some possibilities (for example: Military Sondervermögen, Capital increase of DB or buying shares for pension fund) in the german debt rule so that debt doesn't count to "german debt", but is still counted in the "EU debt" rule
@@AtAllAnAlias That is low for all G7 or basically all Developed countries and even the always anti spending IFW , recommends Germany should atleast rise the Debt Brake with 1% that alone would create enough room for most needed Investments and stimulus the economy, also since Germany has a low recession that isnt that much felt and can be counteracted with good investments. State Bonds and stock exchange also dont show long term fears, or else Holders would have reacted in the last years quite hard, but they have not + the current account balance of most resorts in Germany are good filled even for needed emergy times
Intel stoped it in Germany and the one in Poland that was in talks, even the one in Malysia they build new has for the next time not enough to do with Intel losing of orders & new competition with Qualcomm & nvidia gettng also more and more in the destop, server and mining area+ AMD got the Playstation 6 offer against Intel. And from the subsidies it wasnt low but also not a unnormal ammound, the USA also spend alot of the new FAD from intel in Usa and away from that no money was given to Intel at the momment only if they started building and the cooperation with the TU Dresden University (later is still in talks and making for new future Technikans for Intel +)
"Vassel" ok than why did we freely so many thinks against US Interest, be it relations with Russian, Gas pipelines, Stop of Free Trade Agreement with Us (Franco/German Push in most part), had for years even under Us pressure Channels to North Korea and even Today Foundations, Culture Exchange Programs + in NK. Said no to Iraq War. Voting against the US in the UN + be one of the members bringing in the Un Future Paket with Reforms for the UN and being against Veto rights. And not to begin with all the Stuff under Trump and the already German & EU Counter Tarrif plans if Trump gets in power and starts Trade Disputes again. And the high Energy point is kind of mixed, it goes down for 1,5 years + we basically had all the time 10 years and before high energy prices, the bigger problem companies call out is bureaucracy, worker shortages, high building costs (because of all the standards for it), depending on area still IT/Digitalisation laking behind and hard rules for Start Ups Some of the points Germany had always quite high energy cost, nothing new
@@tmytco7664 it Is an illusion of power. BRICS do not support each other, do not defend each other, do not have common opinion or policies. It is just a club where some politicians can gain legitimacy
@@tmytco7664 China does not care about BRICS - it is still doing way more business with EU&USA. It want's to keep Russia and India small because of it's own ambitions
german is famous for its manufacturing industry. but recently, cutting out form the cheap energy supply while catching up countries like china doing extremely well in their upgrading manufacturing industry like Electric Car. While a new round of industry revolution drivin by ai is happening, German is not very well-known for empowing its own industry beside several cooperation with nvidia.
I am mostly worried about the collaborative climate in the country. There are problems to be solved, but a lot of people are busy complaining. I am talking about everyday issues, that have a good chance of getting solved. You, me, now! Let’s work together!
Germans are hard working people they will recover but slowly but same cannot be said to many other European nations..big economic problems coming there
I do think the elefant in the room, Mr. Lindner doesn't seem to mention, is the decision of the german government to completly walk out of the green atomic energy, which might have been a sustainable compensation for the lack of russian gas. This seems to harm the business location germany. But there are of course other obstacles, which have to be addressed from the german perspective.
Recent studies show that solar, wind, and battery storage are now much cheaper than nuclear. The Russian invasion of Ukraine has also accelerated investments in green energy as Germany seeks to reduce its dependency on fossil fuels. Major utility companies like EnBW, RWE and E.ON have benefited significantly from this shift, bolstering their renewable portfolios. Additionally, Germany's power grid has proven to be resilient, with no major outages so far. Furthermore, the current geopolitical climate underscores the risks associated with nuclear energy. Nuclear facilities could potentially be targets in conflicts, leading to catastrophic consequences. By focusing on renewables, Germany mitigates such risks, ensuring a safer and more secure energy future while maintaining robust business competitiveness.
The PM is too optimistic when talking about the comeback. It will not happen in Germany nowadays because it is too late to fix many mistakes have been made in refugees, innovation, politics…Goodluck Germany
Could anyone help this poor man to improve his english please? He is not talking, he is stuttering, he is pronouncing words like a scholar, nice example how far Germany really is in her mind to adapt to the rest of the world. Embarrassing!
@@PBandJJJJJ schön für dich wie du es siehst, aber dann brauchst du Ihn nicht in Schutz zu nehmen, als ob er nicht Erwachsen wäre und Kritik auch nicht aushalten kömmte. Ich sehe jedenfalls sein Akzent als maximal an, was du siehst ist mir scheiß egal
