Yogthos on Nostr: After a spate of bad news involving giants like Volkswagen and Intel, the mood in ...

After a spate of bad news involving giants like Volkswagen and Intel, the mood in Germany has turned gloomy.

Germany is finally emerging from the first stage of economic grief: denial.

Given the structural problems the German economy is facing, it’s unlikely any party will be able to spark an industrial turnaround anytime soon.

In other words, it’s about time Germans move on to the next stage of grieving over their once-great economy: acceptance.

#economy

https://www.politico.eu/article/germany-rude-economic-grief-spending-olaf-scholz/