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HomeWirtschafts-NewsHousehold Crisis: US Renowned Author Identifies Three "Unsolvable" Issues that Could Ruin...

Household Crisis: US Renowned Author Identifies Three “Unsolvable” Issues that Could Ruin the German Economy

“The End of Germany” – Grim Predictions for Germany: “The end of Germany is looming”. The German economy is currently depicted as a deterrent example in American media. It is stated that the mistakes of the Federal Republic should serve as a warning to other countries.

American political scientist Peter Zeihan prophesies the downfall of Germany as a modern economic power. In his YouTube video “The End of Germany as a Modern Economy,” the “New York Times” bestselling author names three factors that, in his opinion, make “the end of Germany as a modern national economy” inevitable.

Zeihan’s latest work, “The End of the World is just the Beginning,” made it to the “New York Times” bestseller list. In that particular academic book, Germany is assigned a negative role on many pages.

Even beyond his bestseller, Zeihan’s alarming prophecies are attention-grabbing. In his YouTube video, the author whose works are regularly reviewed in the “Washington Post” and the “Wall Street Journal” claims, “Three unsolvable problems will ruin Germany as a modern economic power in the next 20 to 30 years,” according to Zeihan. “Energy supply, focus on Russia and China as economic partners, and the demographic shift towards an aging population.” Zeihan asserts that Berlin has simply backed the wrong horse with Moscow as an energy supplier, and the same goes for choosing Beijing as a trading partner.

US Political Scientist Predicts the End of the German Economy

Even Berlin’s exit from nuclear energy and an exaggerated enthusiasm for solar panels, particularly in sun-deprived Germany, are proving to be significant errors today. “Have you ever been to Germany?” Zeihan asks his users. “Then you know that the sun is rather rare there.” The German enthusiasm for solar modules from China has created one thing in particular, the political author believes: the first billionaire in the People’s Republic of China.

Zeihan’s conclusion: “It is totally impossible for the German system to be sustainable in the future.” He is certain: “The end of Germany is imminent: firstly, the end as a national identity – solely due to the demographic shift towards an aging society. And also the end as an industrialized nation due to the trading partners that Berlin naively chose. Most of us will likely witness the downfall of Germany.”

“The dire situation in Germany has further deteriorated”

“From bad to worse – the dire situation in Germany has further deteriorated,” was recently stated in an editorial in the “Wall Street Journal” concerning the recent ruling of the Federal Constitutional Court on the federal budget: “Now Germany has to face its green tax truth.”

The moment of truth has hit like a bomb, the business paper continues – the political crisis is intensifying. Additionally, Berlin’s “political shell game” regarding the costs of its green objectives should serve as a warning and deterrent example to other governments.

US Broadcaster Reports: “Budget Crisis Will Hamper the German Economy for Many Years”

The news agency Reuters has a similar verdict: “The German budget crisis will hamper the German economy for many years,” they predict. The US broadcaster “ABC News” also reports: “Now, the weakest major economic power in the world is also facing a budget crisis” and asks, “How will Chancellor Olaf Scholz fix this? Because the necessary cutbacks will only further slow down the already weakest major national economy in the world.”

The news channel deems the debate over the federal budget “ironic” – after all, Germany has the lowest long-term debt level of all G7 countries at 66 percent of gross domestic product: in comparison, it is 102 percent in the UK, 121 in the US, 144 in Italy, and 260 in Japan.

In the British daily “Guardian,” David Marsh from the think tank OMFIF (Official Monetary and Financial Institutions Forum) opines: “The end of the German economy has been predicted many times in the past, but Germany has always managed to bounce back. This time, however, it could be different.”

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