German economy is collapsing

[BHAN85]

Germany rich status was based in sell cars and industrial machinery to whole world.

Now both things are done cheaper and better by China, x10 times cheaper sometimes in the case of industrial machinery.



In Spanish, but it has automatic subtitles to English.
Mexican businessman telling how his company endured abusive clauses of Japanese and Germany machinery, until it came China, without leonine clauses, and with prices 10x cheaper.

 

[Intervention-06]

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I can do most maintenance on my car myself, I doubt I could do the same with this computerised plastic monstrosity…

I am certain they have made modern cars so difficult to maintain so that you are forced to go to the dealer for overpriced nonsense.

Exactly that’s why I will never buy a car in Europe !

 

[Eşbah]

German car manufacturers

 

[Michael]

Germany rich status was based in sell cars and industrial machinery to whole world.

Germany’s real problem lies in the deep divisions within the country, rather than in external factors.

Just these days, the German President is visiting China, seeking to expand China-Germany cooperation. Meanwhile, the German Chancellor is in Japan, looking to collaborate with the Japanese to contain China.

Well, what on earth are they trying to do? Heaven only knows!

Germany can either join other nations in confronting China, or it can cooperate with China for development. You have two paths to choose from. But you can't walk both paths at the same time.

 

[tower9]

That's what happens when you are a slave to neoliberal causes.