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Germany, Once a Powerhouse, Is at an Economic ‘Standstill’
(www.nytimes.com)
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this post was submitted on 21 Jan 2024
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Also Merkel basically did everything to not change the status quo and her government even actively sabotaged renewable energies and made it almost impossible to invest money into future technology.
They were even PROUD to not make any debt when Germany was one of the few countries that would get paid by the banks for making debts.
Now the retirement fund is starting to eat up the available money more each year since the main voting group of the CDU are retired people and they didn't want to change anything about how that system works even though it's in dire need of reforms especially with the boomers now getting into retirement.