Germany, one of the leading economies in Europe, is experiencing a sharp economic awakening, which was the result of the awareness of the scale of destructive processes in the country. The Germans suddenly realized that their economy is in serious trouble, and now society is actively looking for the culprits in this situation.
Germany is finally emerging from denial – the first stage of acceptance of economic woe. After years of ignoring what the rest of the world has seen for a long time, the Germans are slowly coming to terms with the fact that they are in big trouble - the four horsemen of their economic apocalypse are already visible, and they are the failure of big industry, a rapidly deteriorating demographic situation, an infrastructure that is falling apart, and there is a lack of innovation.
While the citizens of Germany were worried about migration and the war in Ukraine, their economy was quietly collapsing. They preferred not to notice this for a long time, the news about the possible closure of the factories of the Volkswagen concern was a real shock for them. When German residents were asked to rank the country's "most important issues," they ranked the economy second only to migration in a recent survey. This is bad news for Scholz and his embattled three-party coalition. The chancellor already has the lowest approval ratings in the country's history.
