this post was submitted on 18 Nov 2024
119 points (96.9% liked)

World News

39096 readers
2692 users here now

A community for discussing events around the World

Rules:

Similarly, if you see posts along these lines, do not engage. Report them, block them, and live a happier life than they do. We see too many slapfights that boil down to "Mom! He's bugging me!" and "I'm not touching you!" Going forward, slapfights will result in removed comments and temp bans to cool off.

We ask that the users report any comment or post that violate the rules, to use critical thinking when reading, posting or commenting. Users that post off-topic spam, advocate violence, have multiple comments or posts removed, weaponize reports or violate the code of conduct will be banned.

All posts and comments will be reviewed on a case-by-case basis. This means that some content that violates the rules may be allowed, while other content that does not violate the rules may be removed. The moderators retain the right to remove any content and ban users.


Lemmy World Partners

News !news@lemmy.world

Politics !politics@lemmy.world

World Politics !globalpolitics@lemmy.world


Recommendations

For Firefox users, there is media bias / propaganda / fact check plugin.

https://addons.mozilla.org/en-US/firefox/addon/media-bias-fact-check/

founded 1 year ago
MODERATORS
all 13 comments
sorted by: hot top controversial new old
[–] NOT_RICK@lemmy.world 88 points 4 days ago (2 children)

Donald Trump is bad news ~~for German business~~

[–] Maybelline@lemm.ee 29 points 4 days ago (1 children)

Donald Trump is bad ~~news for German business~~

[–] werefreeatlast@lemmy.world 2 points 3 days ago
[–] PennyRoyal@sh.itjust.works 16 points 3 days ago

Yeah, if we start listing all the things he’s going to negatively affect, we’re going to be here for a very long while

[–] FlyingSquid@lemmy.world 14 points 4 days ago
[–] atro_city@fedia.io 6 points 4 days ago (1 children)

Germany is bad new for German business... they don't need Trump to fuck it up. They are doing so beautifully themselves.

[–] Sakychu@lemmy.blahaj.zone 7 points 3 days ago (2 children)

Oh is that so? Please enlighten us how we can do better since you obviously have a plan

[–] Jesus_666@lemmy.world 6 points 3 days ago (1 children)

Travel back in time and make our economy less export-oriented. The one-two punch of China losing interest in German cars and Trump getting elected and intending to impose harsh tariffs ('cause that worked out so well last time) is definitely hurting business. The export-oriented economy worked out really well so far but right now there's no sufficiently wealthy market to pivot to so a downturn is very likely.

This goes beyond cars and car-related companies. Hidden champions also tend to make a lot of money from exports although they're also exactly the reason why those tariffs are going to hurt the USA. A bad export situation in both the USA and China is going to be painful for a lot of companies.

It's not all doom and gloom but we're definitely going to have a few lean years in the near future.

Other people might also bring up our long-time energy dependency on Russia but I think that's only a relatively minor contributing factor.

[–] Sakychu@lemmy.blahaj.zone 5 points 3 days ago (1 children)

Interesting points! I see more the fault in the German car maker as they refused to invest properly into electric cars. Why should China and the USA import Electric cars that are worse then what they can build for triple the price?

[–] Jesus_666@lemmy.world 2 points 3 days ago

That plus the Chinese economy isn't as strong as a few years ago so the appetite for expensive cars is dampened. Of course that's what our manufacturers have bet on because why make an affordable ultracompact if you can just shit yet another SUV onto the market and find a buyer?

[–] 30p87@feddit.org 2 points 2 days ago

Also, wasn't the last report positive (against experts predictions)?

[–] shoulderoforion@fedia.io 3 points 4 days ago

the pennies are starting to drop