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Europe@feddit.deEnglish · 1 year ago

Germany went from envy of the world to the worst-performing major developed economy.

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Germany went from envy of the world to the worst-performing major developed economy.

boem@lemmy.world to

Europe@feddit.deEnglish · 1 year ago

Germany went from envy of the world to the worst-performing major developed economy. What happened?

Germany racked up one economic success after another for most of this century. But the loss of Russian natural gas due to the war in Ukraine has dealt a severe blow to its industry through higher energy costs.

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federalreverse-old@feddit.de
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1 year ago

We’re not the economy and we’re not the stuff we own.

This realization is still extremely far out for a huge percentage of the German populace unfortunately.

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