Problems Made in Germany: No more money for the future? | To the Point

Germany is facing a budget crisis following an emergency spending freeze. Europe’s biggest and the world’s third-largest economy is in trouble. It seems to have run out of money that it needs for modernizing its infrastructure and for achieving its climate targets.

Germany likes to be seen as a global climate leader. It has plans to become carbon neutral in the next couple of decades. A plan that now looks farfetched.

While other countries – like the US and China are investing heavily in their infrastructure – for a better future – Germany, on the other hand, is having to save money and cut costs. So, today on To The point, we are discussing: Problems Made in Germany: No more money for the future?

Our guests: Matthew Karnitschnig (Politico); Arne Delfs (Bloomberg); Leonie von Hammerstein (DW)

Chapters
00:00 Germany is left with no more money to deal with climate change
02:40 Tensions within the German coalition
06:30 Is Germany moving towards deindustrialization?
07:00 Why are energy prices skyrocketing in Germany?
08:20 Will Germany witness new elections soon?
10:50 The German courts seem to have become enemies of the government
11:50 Does Olaf Scholz really have a plan for the country?
12:20 People in Germany don't trust their government anymore
14:30 Scholz and his team knew the risks of the budget and still had no plan B
17:00 Germany is still a rich country and has enough money
18:35 What kind of migrants are coming to Germany?
20:20 Does Germany have any credibility at COP28?
22:15 USA and China are massively financing their economies


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