What does it take for Europe's largest economy to reach 'China speed'?

[_NOBODY_]

What does it take for Europe's largest economy to reach 'China speed'? | DW Business​

German industrial production fell for the third straight month in July. It's the latest news fanning fears of a prolonged downturn in Germany – as companies face high energy prices, sluggish global demand, and a situation in which competitors are now setting benchmarks.

 

[Menthol]

Until the day when robots will replace most of the factory workers.

And all the people will receive free salary from the government without working.

The only jobs available are researcher and robot programmer, for someone who wants to make more money.

And the future problem will be that neighboring country workers are more willing to do the job compared with the locals.

 

[AViet]

What does it take for Europe's largest economy to reach 'China speed'? | DW Business​

German industrial production fell for the third straight month in July. It's the latest news fanning fears of a prolonged downturn in Germany – as companies face high energy prices, sluggish global demand, and a situation in which competitors are now setting benchmarks.

Currently there are many programs on DW News and DW Documentary channels which praise India, something like "Is India replacing China as world economic engine" blah blah ...

I guess to reach "China speed", Germany will learn from India and "India speed".

 

[tower9]

Well first they need access to cheap and plentiful energy, which is impossible now because of their sanctions on Russia and the bombing of the nordstream pipeline.

 

[Viet]

Well first they need access to cheap and plentiful energy, which is impossible now because of their sanctions on Russia and the bombing of the nordstream pipeline.

Not just because of lacking cheap energy from Russia. Germany is hijacked by no sayers, green fanatics and dreamers. Very difficult to come out from the disaster. While the US economy with fantastic growth rate, the German economy is in deep recession.

Everything has a price.

 

[tower9]

Not just because of lacking cheap energy from Russia. Germany is hijacked by no sayers, green fanatics and dreamers. Very difficult to come out from the disaster. While the US economy with fantastic growth rate, the German economy is in deep recession.

Everything has a price.

The US economy’s growth rate is primarily inflation driven. The reality is that the middle class here is suffering a lot from the inflated cost of living and credit card debts are at record highs. However corporations are making massive profits and that’s the only thing the govt cares about.

 

[Viet]

The US economy’s growth rate is primarily inflation driven. The reality is that the middle class here is suffering a lot from the inflated cost of living and credit card debts are at record highs. However corporations are making massive profits and that’s the only thing the govt cares about.

Yes but just part of. If companies raise prices then consumer demands will shrink that in turn the economy won’t grow. Unless the workers demand higher wages. But that’s zero sum game.
The US grows higher than Europe because its productivity is higher than Europe. US innovation rate is higher than Europe. Look at hightec products. most come from America. Europe has little.
I would buy US stocks, not EU stocks.

 

[8888888888888]

There is a difference which official gets appointed to handle it, China is appointed while EU just votes them in even if they are unqualified to handle it.

 

[Stranagor]

It is cyclical:

 

[Bilal9]

Currently there are many programs on DW News and DW Documentary channels which praise India, something like "Is India replacing China as world economic engine" blah blah ...

I guess to reach "China speed", Germany will learn from India and "India speed".

Oh $hit....

Anything but that for Germany !!