News for hackers. Stuff that matters.

A comment on Germany's auto industry: suppliers' confidence waning. Parent comment

Re:Germany's auto industry: suppliers' confidence waning by Tade0 on Saturday July 29, 2023 @11:03AM (#36920952)
I suppose a large component of this is that it's an ageing society, with a median age of 47 - second only to Japan, excluding microstates.

Maybe it's just a very German thing to not have too many children - if it weren't for immigration, the country would have peaked in population in the 70s.

[ Parent | on HN ]
Re:Germany's auto industry: suppliers' confidence waning by FirmwareBurner on Saturday July 29, 2023 @11:06AM (#36920981)
Germany also has a housing crisis at the moment, at least in the major metro areas where the jobs are.

Tough to increase native population when you don't build enough housing because you have CO2 caps, and you also turned the existing housing stock in a speculative casino table designed to enrich the few asset owners and the banks, and hoping unrestricted immigration that will suppress wages and prop up housing prices enough to get economic "growth".

Basically, Germany is just burning the candle on both ends, economically speaking.

[ Parent | on HN ]