Comment by omnicognate
5 days ago
The "GDP Growth (Real)" column in the wikipedia article GP linked agrees, but it doesn't tell a story that justifies "Germany's GDP is shrinking".
5 days ago
The "GDP Growth (Real)" column in the wikipedia article GP linked agrees, but it doesn't tell a story that justifies "Germany's GDP is shrinking".
See the graph "G7 Real GDP % change compared to pre-Pandemic level":
https://commonslibrary.parliament.uk/research-briefings/sn02...
The US has 13.3% growth and Germany 0.1%.
Two points:
1) GDP is, while very important, not the only measure of country's prosperity
And
2) how much of those 13.3% is being hoarded by a single-digit amount of companies?
> hoarded
Productive companies do not hoard wealth. They invest it. GDP is not a measure of wealth, it is a measure of production.
4 replies →
Because of AI and it's indirect effects, such as electricity demand.
> The US has 13.3% growth
Without the incestous web of the AI bubble, the US would actually be in a recession, especially due to the tariffs.
Yes, if you overlook the productive companies, the economy is unproductive.