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Germany’s Deindustrialisation Explained

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Germany has long been the economic envy of Europe. But in the last couple of years, that seems to have changed, as Germany is about to enter recession with some of the lowest GDP growth in Europe. So, why is Germany struggling so badly, and what can they do to fix it?

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TLDR is a completely independent & privately owned media company that’s not afraid to tackle the issues we think are most important. The channel is run by a small group of young people, with us hoping to pass on our enthusiasm for politics to young people. We are primarily fan sourced with most of our funding coming from donations and ad revenue. No shady corporations, no one telling us what to say. We can’t wait to grow further and help more people get informed. Help support us by subscribing, engaging and sharing. Thanks!

//////////////////////

1 – https://twitter.com/jsblokland/status/1721798471252914653/photo/1
2 – https://www.weforum.org/agenda/2023/09/economics-news-finance-inflation-gdp-growth-1-september/
3 – https://www.bbc.co.uk/news/world-europe-68361717
4 – https://www.ft.com/content/3034d39c-118a-44d3-b9bf-6482b786018f
5 – https://data.worldbank.org/indicator/BN.CAB.XOKA.GD.ZS?end=2021&locations=DE-FR-GB-US&start=2005
6 – https://ourworldindata.org/grapher/manufacturing-value-added-to-gdp?time=latest&region=Europe&country=~GBR
7 – https://www.ft.com/content/cc0d9886-4912-4887-97aa-a9f4d3507bef
8 – https://oec.world/en/profile/country/deu
9 – https://edition.cnn.com/2019/08/14/business/germany-economy-gdp/index.html
10 – https://www.statista.com/statistics/369222/gdp-growth-forecast-western-europe-vs-major-economies/
11 – https://www.bbc.co.uk/news/business-47802235
12 – https://www.bloomberg.com/news/articles/2024-01-09/german-industry-shrinks-for-sixth-month-as-recession-looms
13 – https://www.bloomberg.com/news/articles/2024-02-24/world-economy-latest-germany-reels-from-manufacturing-downturn
14 – https://www.bloomberg.com/news/articles/2023-02-22/tesla-focuses-battery-efforts-in-us-as-biden-beats-out-berlin
15 – https://www.eiu.com/n/an-eu-china-trade-war-is-brewing/
16 – https://www.economist.com/international/2023/05/15/europe-cant-decide-how-to-unplug-from-china
17 – https://www.bbc.co.uk/news/58888451
18 – https://www.ft.com/content/7ed06bf8-fe60-4127-b5fe-c8181a0ec8cb
19 – https://www.ft.com/content/b0b2b2c2-ee63-4989-afab-6882feab4b73
20 – https://carnegieendowment.org/politika/89552
21 – https://www.statista.com/chart/27837/european-lng-import-terminals/
22 – https://www.moomoo.com/community/feed/tsmc-how-germany-convinced-the-biggest-chipmaker-to-open-a-110864429154309

00:00 – Introduction
00:48 – Context
02:45 – Why is Germany Doing So Badly?
06:10 – Can It Recover?
07:55 – Sponsored Context

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42 Comments

42 Comments

  1. @H3inrichXVI

    March 7, 2024 at 6:22 am

    While the gas prices remain high in germany, the industrial electricity prices are now lower than before the war.
    So there is more than energy

  2. @peterp5099

    March 7, 2024 at 6:22 am

    LNG is not cheap enough to make production in Germany as competitive as it was with Russian gas. Germany has essentially 3 options to recover it’s competitive advantage:
    1. nuclear power. Takes about 20 years to fix the problem.
    2. renewables. Takes about 30 years in total, but every wind turbine reduces the problem, so it would be only half as severe after half the time, as opposed to nuclear power, which would suddenly fix the problem at the end of the 20 years, but not help to reduce it before.
    3. return to Russian gas. Building Nordstream 3 would take about 2 1/2 years, and would be the by far fastest way to recover German economy, but it would also require pretty radical and risky changes in Germany’s foreign policy.
    It boils down to the renewables being Plan A, Nordstream 3 being plan B in case the renewables don’t work well enough and fast enough and the situation becomes desperate enough to take the risks involved, and nuclear power being a mock alternative wielded by conservative politicians to pretend they have a better alternative.

  3. @bwhog

    March 7, 2024 at 6:22 am

    "China's domestic EV market has EXPLODED!" HAH! How right you are. Cars and electric cycles have been reportedly spontaneously doing just that.

  4. @peterp5099

    March 7, 2024 at 6:22 am

    Protectionism doesn’t apply only to USA and China. The effects of the sanctions on Russia are virtually indistinguishable from the effects of protectionism, with basically only difference being that it’s not Russia itself who has the power to change that externally induced protectionist policies. All the other effects on Russian economy are basically the same as with protectionism, and likely to lead to the same long term developments.
    Although, strictly speaking, Russia doesn’t have the power to stop the externally induced protectionism, but they have the power to prolong it, by being more aggressive in the war in case the western countries consider to end the sanctions.

  5. @marktapley7571

    March 7, 2024 at 6:22 am

    Germany needs to do four things to re emerge as the powerhouse of Europe. 1. Stop bringing in African immigrants now. 2. German women must start having German kids. 3. Germany must reject so called “Green energy” and focus on coal and gas. Germany as well as all other peoples must throw the Zionists (WEF) Trilateralists, Builderburgers out of power and regain their countries.

  6. @red.1ant

    March 7, 2024 at 6:22 am

    America stabbing their friends in the back. europe is just a slave empire of America.

  7. @heliumfreak5364

    March 7, 2024 at 6:22 am

    Guess staying in the EU hasn't done Germany any favours. Because thats the narrative were all force fed right? Leaving the EU was meant to be the worst economic decision?

  8. @yatarookayama8329

    March 7, 2024 at 6:22 am

    Moral lesson for Germans is to get and Hold Bitcoin because Euro might not be after 5 -10 years !

  9. @yatarookayama8329

    March 7, 2024 at 6:22 am

    It can't , if done things better after 2010 but instead but Dump infinite amount of illegal immigrants into their country that don't produce but get paid free money from welfare Scam !

  10. @eyeofthetiger7

    March 7, 2024 at 6:22 am

    God bless Germany and Europe

  11. @neelshah8143

    March 7, 2024 at 6:22 am

    When eu more relies on USA then this will happen it'd time to become independent and do something new you are european people your people had lived ,find new countries by put there life at risk. Eu people should do something not just be dependent on a country who uses eu as making profits

  12. @michaelvanallen6400

    March 7, 2024 at 6:22 am

    Germany will be hit hardest by natural gas, which is around three times more expensive (than before 2022).
    Extremely energy-intensive sectors such as the chemical, plastics and paper industries are suffering as a result.

  13. @gepal7914

    March 7, 2024 at 6:22 am

    The underlying problem in Germany is their energy policy. Shutting down nuclear and trying to move to Green energies without clear alternatives means Germany has the highest energy costs in Europe. Industry cannot function with high energy costs. They also managed to let the Chinese steal most of their technologies, making their industry uncompetitive. And their uncontrolled immigration policies created social unrest and disrupted the German work ethic. You talk about symptoms but ignore the underlying problems. Though the dependence on Russia for energy was one of the stupidest things they could do.

  14. @sifridbassoon

    March 7, 2024 at 6:22 am

    Qualität "Kva-lee-tate" 😊😊

  15. @user-et4hp9sw3n

    March 7, 2024 at 6:22 am

    Germany's BDI industry association said on Tuesday that it expects the German economy to grow 0.3% in 2024//Germany makes things, UK buys things, a nonsense video

  16. @Doso777

    March 7, 2024 at 6:22 am

    Brits trying to explain how another country can fix it's economy. Oh the irony.

  17. @Hungmorad

    March 7, 2024 at 6:22 am

    They also did something to their nuclear fleet, not mentioned regarding energy issues

  18. @Chemical_Logic

    March 7, 2024 at 6:22 am

    this world is getting worst day by day and economy crisis because bad leader.. Only bad leader causing this war,economy crisis etc….

  19. @haxxersan

    March 7, 2024 at 6:22 am

    It’s all about energy. They lose the energy advantage so they have to look for more added value sectors. There’s too many to compete with.

  20. @muhammedbilgehanguluser6952

    March 7, 2024 at 6:22 am

    germany's dead sentence has been approved when usa bombed the nord stream 2 pipeline. but still almost all the germans are sided by usa vs russia or other countries that usa shows. not just hamburg also their minds are also is occupied.

  21. @simusocat

    March 7, 2024 at 6:22 am

    You forgot something. The lobbyists, the corrupt politicians, Putin and his hacker army, WireCrad, the mafia – which has bought in (Telekom) and the politicians who are giving away Germany's industry to China and the world – see robotics, AI and solar technology

  22. @motopeter2409

    March 7, 2024 at 6:22 am

    how is it that UK is in recession yet Germans economy is worse when it is only not growing that much?

  23. @SpruceWood-NEG

    March 7, 2024 at 6:22 am

    Chinese people respect a highly industrialized and technologically rigorous Germany. Chinese people generally have a favorable impression of German products. The ancestor of our modern military is Germany, and we started learning from Germany. Here is a group of lunatics telling us that Germany wants to abandon industry. Without industrialization, is Germany eligible to be called Germany?
    By the way, when will you give up industry? Tell us that we are prepared to make up for the losses to humanity caused by the absence of German industry in the world.

  24. @upstar21t

    March 7, 2024 at 6:22 am

    Lol, I remember getting into a war with people here when just a few months ago, I pointed out how Germany ( and Europe in general ) is very overrated. As time goes by, I'm proven correct!

  25. @Lord_Inquisitor7

    March 7, 2024 at 6:22 am

    3:23
    “But unfortunately for Germany this strategy didn’t really work out”
    A common theme of Merkel’s government it would seem La

  26. @alexanders.170

    March 7, 2024 at 6:22 am

    Come on!, you forgot to discuss our catastrophic demographics. The 2010s were our best days. They won't come back.

  27. @sr-dk3jc

    March 7, 2024 at 6:22 am

    Сегодня ночью зеленский планирует заминировать всю Германию и совершать терракты не ночуйте дома а тотзеленский всех убьёт зеленский в Германии отравил воду и планирует убийство граждан германии

  28. @fahmad7194

    March 7, 2024 at 6:22 am

    Getting rid of Olaf will be a good start

  29. @Starflight_Miniatures

    March 7, 2024 at 6:22 am

    It's a shame for Germany, I love my vw but with the prices going up significantly, I'll have to look to cheaper manufacturers if I want to keep electric.

  30. @thePatrickMartens

    March 7, 2024 at 6:22 am

    Chinas EV Industry has exploded! haha 😀 literally 😉

  31. @Bruhclan69

    March 7, 2024 at 6:22 am

    2:59 this image…

  32. @foxdragon88

    March 7, 2024 at 6:22 am

    Bring back mustache man

  33. @george.carlin

    March 7, 2024 at 6:22 am

    the fact that Germany was able to say No to Russian gas and started switching to LNG requires special appreciation. German people gave housing and food to 1 million Ukrainians escaping the Russian attacks.
    Germany is a great country.

  34. @R1chardH

    March 7, 2024 at 6:22 am

    Economics Explained has a great video on this too if u like this one.

  35. @firstpostcommenter8078

    March 7, 2024 at 6:22 am

    Wow. Maybe Germany Exit is an option to improve like the UK huh.

    Just like Bremainers blame BrExit for everything

  36. @brandonstephens2644

    March 7, 2024 at 6:22 am

    We've seen this song and dance before in the 1920s

  37. @USERNAME-jr8ut

    March 7, 2024 at 6:22 am

    Their so called sanctions shot them in the back like Elmer Fudd from Looney Tunes. And now they drop the Nordstream investigation, which was unecessary in the first place because Biden and other US officials even said they would 'end' Nordstream few months before the incident. Who needs enemies when you have allies like these

  38. @chopinmack5418

    March 7, 2024 at 6:22 am

    Germany experiment with the US is over . This poor ally has been leaded to de-industrialize step by step by the US .

  39. @TalasDD

    March 7, 2024 at 6:22 am

    it wasnt sholzes government you persuaded intel and TSMC.

  40. @Pinter333

    March 7, 2024 at 6:22 am

    Sounds like US trade war with china is to blame. It always trace back to US…

  41. @unconventionalideas5683

    March 7, 2024 at 6:22 am

    China’s “Made in China 2025” plan is only a portion of the problem. The failing Chinese Economy is a much bigger problem for German exports to China.

  42. @robertp6390

    March 7, 2024 at 6:22 am

    Europe has more shale reserves than North America but they're so special that they refuse to get their hands dirty drilling for it. They'd rather import it. That's social liberalism at work.

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Sources
Le Pen ruling
https://www.bbc.com/news/articles/cvgdlprp1r3o
https://www.lemonde.fr/en/politics/article/2026/07/08/understanding-the-judges-ruling-in-le-pen-s-appeal-trial-serious-offenses-but-light-sentences_6755270_5.html?srsltid=AfmBOop8MvrmAXXnkbdvH6ZIU7F64rHVChHhihtUTmEHMMGDLfOTFeqH
https://www.ft.com/content/82523acf-a51d-4e6a-bb19-60d0c7899b6d?syn-25a6b1a6=1

Polymarket data
https://polymarket.com/event/next-french-presidential-election

Polling
https://en.wikipedia.org/wiki/Opinion_polling_for_the_2027_French_presidential_election
https://tolunacorporate.com/wp-content/uploads/2026/05/Rapport-Toluna-Barometre-Presidentielle-2027-Vague-2-M6-RTL-Mai-2026.pdf

Comparing Bardella and Le Pen
https://www.politico.eu/article/france-marine-le-pen-jordan-bardella-2027-campaign/
https://www.ft.com/content/82523acf-a51d-4e6a-bb19-60d0c7899b6d?syn-25a6b1a6=1
https://www.nytimes.com/2026/05/29/world/europe/france-presidential-election-le-pen-bardella.html

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