openPR Logo
Press release

k3 mapa: Germany is falling behind

02-02-2018 09:40 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: k3 mapa GmbH

Wiesbaden, February 2nd 2018. An unemotional analysis of Ms. Merkel’s achievements is not promising. A restart in politics and economics is recommended. Germany is living off ex-chancellor Mr. Schröder`s tough reforms.

When analysing the achievements of Ms. Merkel’s long lasting leadership, the resulting list of breaches turns out to be very long.

Reforms: while German politicians ask other countries to follow economic reforms, Germany finds itself in a recent OECD ranking in the lower ranks. The last real economic reforms took place when Mr. Schröder was chancellor.

Public debt: while politicians are celebrating the public surplus, a deeper analysis takes into account the aging population, bail outs and the high tax rate in Germany. Then, even compared to Italy, Germany has got a higher public debt. Taking into account the – politically wanted - low interest rate, which saves the Treasury billions of Euros, a small public surplus is rather an evidence of incapacity than a sign of seriousness.

Pensions: again, while other countries are reforming their pension systems, in Germany the pensions are being raised and the retirement age is reduced – despite the upcoming demographic catastrophe and increasing lifetime. Short term muddling wins over strategic thinking.

Infrastructure: a closer look at the current state of public schools and streets in Germany and the low investment rate of the public households proofs the diminishing competitiveness – which will even worsen, as low investments usually show their clear effect with a certain delay. Short term muddling wins over strategic thinking.

EURO: most of the serious economists admit today the economic failure of the Euro experiment. With billions of additional debts and low interest rates, the Euro crisis was not solved or even addressed to be solved. Nothing was done to dismantle the Euro experiment, which will dissolve sooner or later by itself.

Target 2 Balances: part of the Euro system are the famously infamous Target 2 Balances. Currently the balance is around 900 billion Euro in disfavour of Germany’s Bundesbank. Most of the money will have to be written off, when the Euro dismantles.

Russia: Historically, Russia’s and East Germany’s economies were very interconnected. Also, Russia’s and West Germany’s economies were linked through mutual trade. By linking politics with economics and helping to install unnecessary sanctions against Russia, Ms. Merkel has done a lot of harm to Germany’s economy. Only the fact that Germany supports the pan-European Northstream II project with Gazprom is a positive sign.

Migration: Each and every day it becomes more evident that by opening the borders in September 2015 for uncontrolled migration, Ms. Merkel has committed a huge error. Crime is rising. Integration does not work. Parallel societies are being set up. And well trained Germans are leaving the country.

Education system: Germany has got very little natural resources. Its considerable wealth is built on education. While nobody questions this commonplace, during the leadership of Ms Merkel the quality of the public education system for the ordinary people is falling behind. Politicians know it and send their children to private schools, which are a very recent phenomenon in Germany.

Constitutional state: by ignoring the „no bail out rule“ of the Maastricht treaty and by opening the borders for “refugees” from safe third countries, Ms Merkel has not respected the law - however noble the intentions to safe countries and people might have been. Part of the social wealth of a country is the common trust of the people into the juridical system. By showing its people that a chancellor does not respect the law, Ms. Merkel has created a long lasting negative effect on the social wealth.

This list it too long to be ignored. Ms. Merkel has done a lot of harm to the German economy, which will only be seen in the medium and long term. She should take responsibility for her actions and retire soon.

k3 mapa is a top management consulting company which is focused on implementation. All our consultants have at least 10 years international experience, and come from industry champions or the best companies in the consulting world. k3 provides expertise in the core functions of the value chain. It is through this expertise that k3 can help its clients tackle complex cross-functional improvement endeavours (business excellence), function specific interventions (functional excellence) as well as project and interim management (project excellence). For more information: www.k3-mapa.com or info@k3-mapa.com

k3 mapa GmbH
Heinrichsberg 1
65193 Wiesbaden

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release k3 mapa: Germany is falling behind here

News-ID: 927551 • Views: 427

More Releases from k3 mapa GmbH

k3 mapa finishes turn-around of international transport company
Wiesbaden, May 6th 2022. k3 mapa has successfully finished a turn-around project with an international transport & logistics company. During the project costs were reduced, liquidity enhanced & overall profitability improved. During the final statement the CEO demonstrated his deep satisfaction with the project. In 2020 the transport & logistics company suffered turnover losses. It did not react quickly enough to compensate the difficult market environment. A turn-around project was
k3 mapa: are you prepared for 2022 ?
Wiesbaden, November 14th 2021. As we highlighted in our recent press release, we strongly believe the – still increasing - inflation will continue to exist in 2022. But, also the existing supply chain issues will be an important topic the next years. How well are you prepared for the next years ? As we argued in our last press release, both – money supply & disrupted supply chains – will drive
k3 mapa sees inflation staying for years
Wiesbaden, August 17th 2021. Inflation has arrived and will stay for various years. Both money supply and output demand factors favour this forecast. Money supply will stay strong as central banks need to keep interests rates low and production output suffers from long term Covid In May 2018 we published: “k3 sees rough times ahead” arguing that global debt had risen to new record highs and there were only three possible
k3 mapa assess industrial goods factories in China and Korea
Wiesbaden, May 17th 2018. Three factories of a major German industrial goods producer were assessed by k3 mapa in an internal evaluation in China and Korea. The assessment is designed to enhance internal best practice sharing and will continue in European plants later this year. In May 2018 a total of three factories were assessed by a team of headquarter experts and a k3 consultant. Each factory assessment lasted two

All 5 Releases


More Releases for German

German Maritime Security 2018, German Government Statement!
Despite all international and national efforts, piracy remains a serious peril for the international shipping industry. Especially in Asia (i.e. Chittagong/Bangladesh or on the Strait of Malacca), but also in South America (e.g. Bay of Santos/Brazil or in the port of Callao/Peru) robbery or piracy there has recurred in the recent past. At the West African coast the number of incidents had raised even by 50% with 66 incidents this
More German Investments Mean More German Translations
Why Language Continues to be an Obstacle for Investing in Germany Germany is one of the prime markets for foreign investments, with an estimated 4% of global direct investment making its way into the country. In fact, the world’s second richest man, Warren Buffett, who is only beaten to the top spot on the financial leaderboard by Microsoft Founder Bill Gates, believes Germany to be a ‘great market’, and confirms the
German Design Award 2015
German Design Council Awards a Special Mention to the LR 1000 Laboratory Reactor and Nominates the Tube Mill Staufen, Germany, February 23, 2015 — For the second time, a device produced by IKA® Werke has received the "Special mention for exceptional design quality" award from the German Design Council. The company was presented with the award in the "Excellent Product Design — Industry" category as part of the German Design Award 2015
German Local Trade Tax
All the companies in Germany are liable to pay not only corporate income tax, whose rate is nowadays about 15% of the annual profit of the company, but also trade tax (Gewerbesteuer), which is a tax of German characteristics. Why would we say that trade tax is of German characteristics? Because it is different from the corporate income tax, which is charged by the German Federal Government and it is difficult
Integral Launches German Bureau
Integral Launches German Bureau Appoints Suchit Manchanda as the Head of Operations January 4, 2010: Germany: Integral Fusion, a leading software services firm, has launched operations in Germany and announced the appointment of Suchit Manchanda as their Managing Director. The German bureau will be responsible for strategic business development in European Union organizations and client servicing. Suchit a world class MBA from Hochschule Nürnberg, Germany and a Masters in IT from Jamia
ISPA – German Masters 2008
Magdeburg – Over the long weekend of the 4. Mai more than 1.000 Skat players filled the Mittelland hall in Barleben. The tournaments of the 30. German Mastery and the 27. open International German Single Mastership were held by the International Skat Players Association, ISPA Germany. Patrons of the Games were the 1st Barleber Skat sports club e.V. and the Skat club \"Burger Ihleskater\", whose good organization together with the