Hi Lena, great analysis. Just like the deindustrialization of America, the politicians in Germany simply do not care about their country and those working in industry. The vast majority of politicians have never worked in jobs where they could ever get dirty or tired at the end of the day from physical labor. They have demonized the only party, AfD, who is actually proposing solid steps to stabilize German industry. The Western "democracies" are lionized in the press, but the truth is Western political entities rarely serve the peoples they pretend to represent.
Also, I know you are super busy producing these videos but perhaps, once a quarter, you could put out a longer analysis on a subject and only allow subscribers to view it. You could even offer a 2-3 minute snippet to help entice others to subscribe to see the full video. Thanks for what you do!
Another point to consider (and I largely speak of the USA) is that inflation/consumer confidence/credit card debt & delinquency/falling savings, all are contributing to belt tightening in the working class. The cost of new vehicles, rising fuel and insurance are all contributing to falling auto sales. Spending on everything but necessities is on a downward spiral. These trends are going to be felt across the globe.
So it looks like Volkswagen will have to borrow from the Federal Ministry of Finance to stay competitive with those EV vehicles, assuming the Federal Ministry of Finance is not overly concerned with owing more than it's GDP too early in the future. If the German government doesn't irrationally fear a Russian invasion, the Federal Ministry of Finance will be able to loan much money to Volkswagen for EV vehicles to stay competitive.
Remember that World Affairs in Context goes live earlier on Substack and Patreon than on Youtube.
I have no more doubts that the imperial world order is going to fail in my lifetime. Once the U.S. fails, so will the EU. They are too slow to realize that they need to adapt before it all comes crashing down. There is apt to be a lot of very hungry, angry people in the west before too much longer.
Great video, Lena. While the perils of the German economy are sad to see, other issues are destroying Germany as well as Western civilization. One is the immigration of third-world people. Another is the despicable people in Western 'leadership'. Take the United States, for example: look at Trump's comments and actions; they are beyond the pale. Look at the depraved, corrupt individuals Trump has surrounded himself with. Further, the populace of Western countries is indifferent to their demise; they are overwhelmed by bread and circuses.
Hi Lena, great analysis. Just like the deindustrialization of America, the politicians in Germany simply do not care about their country and those working in industry. The vast majority of politicians have never worked in jobs where they could ever get dirty or tired at the end of the day from physical labor. They have demonized the only party, AfD, who is actually proposing solid steps to stabilize German industry. The Western "democracies" are lionized in the press, but the truth is Western political entities rarely serve the peoples they pretend to represent.
Also, I know you are super busy producing these videos but perhaps, once a quarter, you could put out a longer analysis on a subject and only allow subscribers to view it. You could even offer a 2-3 minute snippet to help entice others to subscribe to see the full video. Thanks for what you do!
Another point to consider (and I largely speak of the USA) is that inflation/consumer confidence/credit card debt & delinquency/falling savings, all are contributing to belt tightening in the working class. The cost of new vehicles, rising fuel and insurance are all contributing to falling auto sales. Spending on everything but necessities is on a downward spiral. These trends are going to be felt across the globe.
When that happened with American steel, everyone with money, good looks or both got out because they can. The remaining pool then make babies.
Very good video. Thanks Lena!
So it looks like Volkswagen will have to borrow from the Federal Ministry of Finance to stay competitive with those EV vehicles, assuming the Federal Ministry of Finance is not overly concerned with owing more than it's GDP too early in the future. If the German government doesn't irrationally fear a Russian invasion, the Federal Ministry of Finance will be able to loan much money to Volkswagen for EV vehicles to stay competitive.
Remember that World Affairs in Context goes live earlier on Substack and Patreon than on Youtube.
I have no more doubts that the imperial world order is going to fail in my lifetime. Once the U.S. fails, so will the EU. They are too slow to realize that they need to adapt before it all comes crashing down. There is apt to be a lot of very hungry, angry people in the west before too much longer.
Great video, Lena. While the perils of the German economy are sad to see, other issues are destroying Germany as well as Western civilization. One is the immigration of third-world people. Another is the despicable people in Western 'leadership'. Take the United States, for example: look at Trump's comments and actions; they are beyond the pale. Look at the depraved, corrupt individuals Trump has surrounded himself with. Further, the populace of Western countries is indifferent to their demise; they are overwhelmed by bread and circuses.