Fierce competition from China and high energy costs are just two of the reasons Germany’s famous industrial machine is sputtering. How did this crisis come to pass, and can Germany adapt in time?
(Corrected to replace image of German currency at 1:17)
Explore these and other related stories in more depth on Bloomberg.com:
BMW Offers Severance Packages to Employees to Cut 8,000 Jobs
VW Eyes Cutting 100,000 Jobs and Closing Plants, Report Says
00:00 Introduction
00:57 The Importance of German Industry
01:07 Title Card
02:01 Germany's Industrial Output
03:11 The Three Pillars of Germany's Economic Success
03:35 The Energy Crisis
04:52 China Shock 2.0
07:36 Rising Protectionism and Trade Fragmentation
08:11 Government Response and Fiscal Constraints
09:38 Social and Political Consequences
10:45 The European Stakes
11:22 Signs of Hope and the Road Ahead
#Germany #China #IndustrialAI
--------
Like this video? Subscribe:
Get unlimited access to Bloomberg.com for just $1.99 your first month:
Bloomberg Originals offers bold takes for curious minds on today’s biggest topics. Hosted by experts covering stories you haven’t seen and viewpoints you haven’t heard, you’ll discover cinematic, data-led shows that investigate the intersection of business and culture. Exploring every angle of climate change, technology, finance, sports and beyond, Bloomberg Originals is business as you’ve never seen it.
Subscribe for business news, but not as you've known it: exclusive intervi
|
Florida Attorney General James Uthmeier ...
Mark Mahaney, Evercore ISI head of inter...
Ankur Crawford, executive vice president...
CNBC Business News Update with Jessica E...
Salesforce and Anthropic on Wednesday ex...
----------------------------------------...
Alex King from Growth Investor Pro says ...
Abercrombie and Fitch delivered record s...
Bath and Body Works delivered a strong s...
These college investigators vet every ad...
Internal documents reveal Meta considere...
SFL Corporation delivered an impressive ...
Kohl's reported second-quarter revenue o...
Sponsored by 2026 Toyota RAV4 Redefinin...
----------------------------------------...
Kevin O’Leary on Tesla, Big Tech, Airlines, Oil & Investing in Beansto
Interview with Kevin O'Leary and Connor ...
Kevin O’Leary on Tesla, Big Tech, Airlines, Oil & Investing in Beansto
Interview with Kevin O'Leary and Connor ...