Germany Faces Economic Decline As Export Reliance Backfires

Germany's economy is in decline, projected to grow just 8% through 2029 compared to over 20% for the U.S.

Germany made policy mistakes like relying on Russian gas and shutting nuclear plants prematurely. It has also become too dependent on exports to China.

The manufacturing sector is hollowing out as energy-intensive industries leave. Exports to China are stalling as its economy declines.

China aims to compete directly with Germany in manufacturing exports and electric vehicles, which Germany will struggle to keep up with in subsidies.

Germany focused too much on exports over domestic consumption. With the U.S. and China turning mercantilist, Germany is losing export markets.