Political advisor Markus Kerber discusses the state of German politics and economics with CNBC’s Steve Sedgwick at the Ambrosetti Forum.
German economic model ‘extremely under stress,’ Markus Kerber says
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This man has helped doom his country and can’t figure out a way out.
Many Germans believe in “The end of history” (Fukuyama) so they have been relaxed in the last 3 decades… 🙄
Very smart and well-spoken person!
face it, the chinese have no interest being european car dump any longer tech transfer for market access days are over. the chinese can’t even consume all the steel and low value ev excess they produced let along consume european excess.
what make u think a mediocre subsidies or tariff going to prevent them entering european market and eat every one lunch. european are getting poorer, its the reality you have to live with they will prioritize consuming the chinese one if no heavy tariff were involve. how in the world is stellantis or vw going to compete with the chinese sub 10k ev?
When u export to China, free market.
When China exports to u, flooding our market. 😂
You just can’t compete.
When you lay down with dogs you come up with fleas.
You do understand that China with its communism and Protektionismus and state orchestrated and funded businesses has unfair advantages and doesn’t play by the rules of the game, don’t you?
@@seanbrennan9188Germany is the dog here.
compete with what ? companies that have built excess capacities without regard for profits as they are being subsidised by the state ?
@@alwynsam5349 So you are suggesting government lead capitalism work better than free market capitalism. Am I right?
We need evidence that illegal immigration is good for economy. We need evidence that local people happy about pay taxes for immigrant shelther. This has nothing to do with Rusia propaganda. its more likely about our leaders policy who have been brainwashed by immigrant supreme racist.
so we and the EU are perfect actors, and it’s all China, Russian propaganda, and COVID-19. Hahaha, a political “economist,” I hope Germans understand it’s not helpful to believe convenient lies that don’t really explain the current situation but are meant to obfuscate and deflect blame for German, EU, and US policy failures. ether way the population will pay the price for these mistakes
Transition is for someone with plan, there is a destination. Germany has none of those, so it is not a transition. Germany is in trouble, not transition
Germany is infested with part-time and full time Narzis
Chia’s competitive edge with Germany is Russian cheep
energy, food, and raw materials that Germany used to have.
Yes, but apparently logic and facts are “Russian disinformation”.
BASF is leaving Germany to US and China because of the loss of cheep Russian gas going to China. Germany had reliable supply of energy and raw materials from Russia.
Apparently that’s Russian propaganda
@@user-jp4lt7xu2gtruth is Russian propaganda 😅
@@user-jp4lt7xu2gno that’s truth pine line was sabotaged by cia.
So the FBI published a report that states there have been massive disinformation campaigns from Russia aimed at Germany. Says this political hack from the Christian Democrats in Germany. The FBI, no less. What have they got to do with Germany? They’re a investigative service for criminal activities in the US. They have no foreign mission. It’s completely bonkers.
Problem will be solved if Germany grows a spine and have an independent foreign policy (stop being USA’s lapdog).
These big-shots sure know where to hold their conferences. Another horrible, oppressive low-cost place 🙂 “it’s good to be in government”.
The Duran
Can Germany be saved?
Germany always make the wrong decisions.
Why does he have to lie? Everyone knows that after Germany lost the cheap energy supply from Russia, Germany de-industrialisation began by moving its factories to the US and China. Why blame China? Are the Chinese too competitive for Germany to compete with. Tell the truth.
Of course the FBI, who’s mandate covers only the territory of the US, is a reliable source.
That “the FBI has published a report” does not establish that the report is true.
Far from it.
“What other evidence do we need?” he asks?
You need evidence that comes from objective and competent sources.
Germany got themselves screwed over by blindly folllowing the herd master – USA. They were well guarded under Merkel’s leadership who obviously has a better foresight on the dirty side of their American counterpart. However, sadlly all the good hardwork that she has put in the during her helm were all vanished in a mere few years due to the unnecesary european conflict (ukraine war)
EU has not modernized its industries and now after 30 years of crazy EU policies of protectionism of old industries things have come home to roost. How come Europe has no google, Apple, Facebook, Amazon , Navidia ? Reason is simple socialism, closed to new ideas.
Mr. Kerber does not get the point at all: It is not left behind people, it is people made to be left behind. That is a big difference. Why? Merkel’s Government and the following government with an even more radical green and open border agenda, have destroyed the German economy, internal peace, and probably the EU will go down together with Germany, because the Von der Leyen EU is a total bureaucratic monster, also killing the EU economy and peace project for good, while leaving the borders open for unchecked immigration.
Germany ruins its own economy per instruction of the neocons in Washington
Someone staying near a vast river is being told: Do not rely on that water! Then what? Safe Journey on your Deindustrialization.
German products are not competitive. Stop blaming energy costs or China. Consumers choose what they want. I bought German laptop, it was ok, then few years later a German mobile phone. It was already pretty backwards in technology. I could have traveled to the East and bought a better one. Let me not start talking about the cars.
Germany’s imports are falling even after than its exports. If Kerber’s China narrative were true, Germany should be flooded by imports from abroad.
They have phased out Atomic plants, they are phasing out coal plants, they dont have cheap gas anymore. What were they expecting from all this?
Sure, can’t be reasonable people making conclusions, it must be outside influence.
“When Germans are stressed economically they sometimes react in a funny way”. Yep that’s certainly one way to put it 🤣
I guess Germany has too many expenses and ineffective models. There are so many jobs involved in paperwork it is just ridiculous. Plus im not sure how people run businesses with employees, obviously taxes and all that protection for workers makea it damn hard
Germany chose to be an American colony since 1945, it’s been punished by that.
He cannot bring himself to say the word Nordstream.
The german snowballsystem is game over.
If china is wrong by doing something Germany did in the past, isn’t germans saying that they are wrong? Or is it the usual hypocrisy?
On principle I’m also against tarrifs. But when it comes to China, it’s just not pure economics. It’s about CCP wanting to weaken the west and strengthen itself in the process. When China wins, CCP wins and that’s not a good thing by any metrics.