Germany goes kaput: How Net Zero is killing Europe's most efficient industrial machine
Daily MailEarlier this year, an acquaintance was encouraged to purchase an electric vehicle as his company car. The country’s Luddite attitude to new tech and IT, an obsession with old-style manufacturing and a snail-like adjustment to greener energy have left the Germany in the slow lane. While the world’s eyes were focused on Washington and the US election result on November 5, the German government, headed by enfeebled Social Democrat Chancellor Olaf Scholz, was collapsing. At a moment when other Western nations are drowning in excessive borrowing, the country’s level of debt to national output stands at modest 62.9 per cent. Hitting the skids: German's social Democrat Chancellor Olaf Scholz visits the BMW Group plant in Munich Production there peaked at 6m vehicles in 2012 as the nation’s economy showed resilience after the great financial crisis.
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Associated Press
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LA Times
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Associated Press
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The Independent
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