These Times

Germany’s Economic Reckoning


February 27, 2024

In this episode, Tom and Helen turn to Germany, and ask why it was last year’s worst performing major economy, and what those difficulties reveal about the present economic and geopolitical world…


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UnHerd Reader
UnHerd Reader
1 month ago

I can already tell this is going to be an energy-heavy episode. Love the podcast and have listened to every episode at least once.

Jim Veenbaas
Jim Veenbaas
1 month ago

How in the world do you talk for 60 minutes and not seriously discuss Germany’s net zero policies and their crippling impact on energy prices? This omission kills the credibility of the entire podcast.

UnHerd Reader
UnHerd Reader
1 month ago
Reply to  Jim Veenbaas

So glad I noticed your comment before ploughing through the hour-long conversation.  If they aren’t really discussing net zero I won’t bother to listen.  

UnHerd Reader
UnHerd Reader
1 month ago
Reply to  UnHerd Reader

If it’s new information it’s not for me. I want something to confirm my pre-existing ideas.

JĂĽrg Gassmann
JĂĽrg Gassmann
1 month ago

I lasted until minute 32 – when the “Russian Gas Shock” was RUSSIA turning off the gas (when the stark facts are that Germany rejected Russian gas) was too much for me.
Up to that point, the clear message that was coming through was that Germany’s real enemy was the US.
Even in that half-hour there were many elephants in the room carefully tip-toed around – one of which, rarely mentioned, is that the mainstay of German industry are mid-sized companies who are (rather – were, they’ve been destroyed) not dependent on the financial markets.
Guys – if you want to educate your listeners, please stick to the facts. You’re fooling only the true believers.

John Riordan
John Riordan
1 month ago

The answer to why it was last year’s worst performing major economy is very simple: it lost access to cheap reliable energy. This is a lesson not just for Germany but for all of us, because despite yet another lesson in the you’d-think-bloody-obvious, we’re still collectively hell-bent on wrecking our advanced economies in the name of climate change.

UnHerd Reader
UnHerd Reader
1 month ago

No country should be like Germany. Trust me I’m german. Germany is addicted to dogma and absolute truths that cannot be questioned or challenged. Unlike other countries the mainstream media supports the government over here.