Deutschlands Wirtschaftskrise: Wie schlimm ist es wirklich? | Wirtschaft erklärt

Germany's economy is in crisis – and has been for several years. Growth? Non-existent. Such a long period of weakness is unprecedented in the history of the Federal Republic. German industry, in particular, is struggling with the recession. But what is really behind this stagnation? Why are cheap exports from China and US tariffs hitting our economy especially hard? And what does the "lipstick effect" reveal about the mood in the country? In this episode of "Economics Explained," ZDF economics expert Florian Neuhann shows where Germany will stand in 2026. And where, despite the crisis, opportunities still lie. – Chapters: 0:00 Germany in the Economic Crisis 01:13 What is a Recession? 02:32 Germany at the Bottom of the List 03:20 Problem 1: Our Consumption 04:07 What is the Lipstick Effect? 04:53 Problem 2: Exports 06:17 Problem 3: The location crisis 07:08 And now? Outlook for 2026 – Key Sources: Allensbach study, published by the FAZ: https://www.faz.net/aktuell/wirtschaf... Data on economic growth in Germany: https://www-genesis.destatis.de/daten... and https://www.destatis.de/DE/Presse/Pre... Data on global economic growth, IMF: https://www.imf.org/external/datamapp... Idealo Savings Report 2025: https://www.idealo.de/dam/jcr:5b42c2f... Data on the makeup market: https://www.ikw.org/der-ikw/fakten-za... Data on car exports: Gavekal Research https://citywire.com/wealth-manager/n... and https://www.mckinsey.com/cn/our-insig... Car production: VDA https://www.vda.de/de/aktuelles/zahle... and CAAM https://www.marklines.com/en/statisti..., see also https://oica.net/production-statistics/ Job cuts in German industry: https://www.handelsblatt.com/unterneh... – A film by: Tim Gorbauch and Ferdinand Uth Host: Florian Neuhann Sound: Konstantin Riedel Sound Mixing: Henrik Eichmann Camera: Leonard Bendix Editing: Robinson Krause, Henrik Eichmann Graphics: Jennifer Kolbe, Fiona Kurtz Production Bewegte Zeiten: Lena Weißmüller, Dominik Wiedenmann Production ZDF: Britta Forstner, Till Stegemann Commissioning Editors ZDF: Valerie Haller, Christian Hauser Program Director: Anna Schilling A production of Bewegte Zeiten Filmproduktion ----- Here on ZDFheute News, you'll find out what's happening in the world and what affects us all: We provide clarity in the world of news, explain the background, and address social debates. Join us for live discussions and form your own opinion based on the facts we present. Subscribe to our channel so you don't miss a thing. Stay up-to-date at https://www.ZDFheute.de/. #Germany #2026 #Economy #ZDF