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+--- Thread: Germany's economic disaster hits new low? (/thread-20745.html)
Germany's economic disaster hits new low? - C C - Jun 29, 2026
German economic crisis 2022–present (background): The crisis has had broader implications for German society, including a severe housing shortage affecting 9.5 million people and drastic increases in cost of living. It also significantly contributed to Germany's 2024 government collapse and a radical shift in political dynamics, with greatly declining support for traditionally dominant parties, including the members of the traffic light coalition headed by German Chancellor Olaf Scholz. Alternative populist political movements such as the right-wing Alternative for Germany or the left-wing Sahra Wagenknecht Alliance have conversely gained traction.
Volkswagen reportedly planning to axe 100,000 jobs (excerpt): Like many European carmakers, it has been squeezed by fresh tariffs on its exports to the United States as well as struggling to counter the rise of Chinese electric vehicles manufacturers, including BYD. The Volkswagen spokesperson said the company required “sharper focus as well as stricter discipline over costs and investment” to meet its new reality, adding that its traditional business model–making cars in Europe and exporting them globally – “no longer works” for all of its brands. Any job cuts will likely meet resistance from German unions...
MICHAEL HEAVER
https://youtu.be/QYlwU0Ptv7o
VIDEO EXERPTS: Well, Germany is facing real economic disaster on the brink of something truly catastrophic. And of course ... the AfD party now regularly dominate the polls...
[...] Germany, a country reduced to basically complaining about EU policy. And we see this time and time again. You would have thought the leader of Germany would be able to make decisions. Instead, they're reduced to winging about the direction that the EU is taking their country in.
And this is very very serious because when it comes to de-industrialization, you are seeing something in Germany now truly extraordinary, absolutely devastating as Volkswagen considering shutting four German factories. You could see job cuts up to 100,000 and plants sites being shut down left, right, and center. Absolutely devastating economic news potentially for Germany here. And meanwhile ... the German chancellor talks of raising the retirement age to 70.
[...] You can see for instance in Brandenburg the AfD support now is up to 37%. That's a 15 point lead over the Social Democrats. When it comes to Saxony-Anhalt ... you can see there the AFD support is now up to around 40%...
Germany now faces oblivion ... https://youtu.be/QYlwU0Ptv7o