Citizens have spent hundreds of billions of euros too little since 2020. The economy is weakening – also because of the lack of consumption.
Corona and wars have cost the German economy a huge sum in four years of crisis. On the other hand, citizens were able to put aside a lot of money. Weak consumption and a lack of investment are not the only things currently facing economic problems. Germany is an important exporter of capital goods such as new machines and systems. In addition, energy-intensive industries are strongly represented in this country and are particularly sensitive to rising energy costs.