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Germany's Economy Is Facing a Slow-Moving Disaster - Big Take
Dec 17, 2024 The Big Take | Bloomberg Podcasts
Germany’s economy is stagnating; households have less disposable income, and businesses report having less faith in the future. Once the growth engine of Europe, the country has gradually been losing its competitive edge. Now, economic anxieties have fuelled a political crisis that led to Monday’s no confidence vote in the German government.
On today’s Big Take podcast, Bloomberg’s Chris Reiter talks to host Sarah Holder about the consequences of Germany’s economic troubles — for the country and for Europe — and what it could take to turn things around.
Germany’s economy is stagnating; households have less disposable income, and businesses report having less faith in the future. Once the growth engine of Europe, the country has gradually been losing its competitive edge. Now, economic anxieties have fuelled a political crisis that led to Monday’s no confidence vote in the German government.
On today’s Big Take podcast, Bloomberg’s Chris Reiter talks to host Sarah Holder about the consequences of Germany’s economic troubles — for the country and for Europe — and what it could take to turn things around.
Related article: Germany Is Unraveling Just When Europe Needs It Most