boem@lemmy.world to

Europe@feddit.deEnglish · 1 year ago

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

116

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.

Chat

taladar@feddit.de
link
fedilink
English
arrow-up
41·
1 year ago

Wages have not kept up with inflation, while there are worker shortages. Welcome to a perfectly working labour market.

Not to mention the rising right wing anti-immigration rhetoric which doesn’t make it easier to find workers elsewhere.

Europe@feddit.de

europe@feddit.de

You are not logged in. However you can subscribe from another Fediverse account, for example Lemmy or Mastodon. To do this, paste the following into the search field of your instance: !europe@feddit.de

Community locked: only moderators can create posts. You can still comment on posts.

News/Interesting Stories/Beautiful Pictures from Europe 🇪🇺

(Current banner: Thunder mountain, Germany, 🇩🇪 ) Feel free to post submissions for banner pictures

Rules

(This list is obviously incomplete, but it will get expanded when necessary)

Be nice to each other (e.g. No direct insults against each other);
No racism, antisemitism, dehumanisation of minorities or glorification of National Socialism allowed;
No posts linking to mis-information funded by foreign states or billionaires.

Also check out !yurop@lemm.ee

Visibility: Public

This community can be federated to other instances and be posted/commented in by their users.

3 users / day
1 user / week
1 user / month
6.27K users / 6 months
98 local subscribers
8.48K subscribers
3.07K Posts
32.5K Comments
Modlog

mods:
poVoq@slrpnk.net