Germany, once the envy of the world, is now its worst-performing major developed economy. Why?

After decades of neglect and the stigma of its Nazi past, Germany warms up to the idea of rebuilding its army, thanks to the war in Ukraine.The price of gas is roughly double what it was in 2021, hurting companies that need it to keep glass or metal red-hot and molten 24 hours a day to make glass, paper and metal coatings used in buildings and cars.after several decades of strong economic growth.

Other dawning realizations: The money that the government readily had on hand came in part because of delays in investing in roads, the rail network and high-speed internet in rural areas. A 2011 decision to shut downhas been questioned amid worries about electricity prices and shortages. Companies face a severe shortage of skilled labor, with job openings hitting a record of just under 2 million.

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Germany's economy struggles with an energy shock that's exposing longtime flawsGermany is the world’s worst-performing major developed economy, as it struggles to deal with the energy crisis.
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