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The biggest economy in the euro area, Germany’s, is in a bad way. And its ills are a main cause of the euro’s own weakness. (a throwback to 1999) (www.economist.com)

submitted 1 year ago* (last edited 1 year ago) by yogthos@lemmy.ml to c/europe@lemmy.ml

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[–] DesGrieux@sh.itjust.works 0 points 1 year ago (1 children)

Literally none of those things are predictions for the 2020s. Those are just issues from 24 years ago with suggested (neoliberal) solutions.

Germany largely addressed those concerns as you can see from the huge uptick in economic activity starting in 2000. The article did not predict the 2008 crisis, it did not predict the crisis with Russian gas, and so I'm having a hard time understanding why you're trying to slip this by people outside of a history community and acting like it's relevant.

[–] yogthos@lemmy.ml -1 points 1 year ago

Yet, as I explained, all of those underlying factors are very much at play in 2020s. Meanwhile, nowhere am I endorsing the neoliberal solutions the article mentions. And as we see from the current recession Germany is in, the concerns are very much still there.