Deindustrialization 29, Germany and UK degrowth policy

Getting worse in Germany. GDP growth for the past 8 quarters (Q2 2023 to Q1 2025) is between -0.3% to 0. Clear degrowth. Data on corporate bankruptcies shows rising trend. Germany government is focused on save the planet, save Ukraine, save DEI, save illegal immigrants, but not save their economy.

Another example of degrowth, deindustrialization economics is UK. As they add more wind-solar in their grid, their overall electricity production declines as the more dependable and cheaper coal and nuclear plants are shutting down. The reason why they do not have blackout yet is electricity import from mainland Europe like France, a nuclear energy powerhouse. Expensive electricity contributes to more corporate bankruptcies.

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See also:

Deindustrialization 26, Update on Europe degrowth, September 03, 2024

Deindustrialization 27, Europe declining market capitalization and GDP growth, September 08, 2024

Deindustrialization 28, Germany's large job cuts, September 29, 2024