Germany lost the war for several reasons. The two most important are their alliance with Japan and and attack on Russia.
If Japan had not attacked the U.S., The U.S. would not have gotten into the war because they were busy supporting the Nazis economically. So, because the U.S. got into the thick of it, the Nazis not only lost financing, they gained an enemy.
The attack on Russia during the winter was also a major mistake. Hitler had been warned, and ignored the warning. He also forgot that the Russians were just as nationalistic, so they weren't going to stop the fight at their borders if Germany got kicked out; if Stalin crippled Germany, there would be spoils.
Further, German equipment was as high-maintenance as it was high-tech. The most reliable weapon they had was a rifle that had been in service for nearly 150 years. That's another story for another day, but that was equally important; if your guns jam because of a speck of dust, you've got serious problems.
Other problems: Germany's military and political priorities were screwed. Eichmann was more concerned about gassing Jews than ensuring there were enough trains to cart supplies, which created a major logistics issue. The SS leadership under Himmler went insane, and the government was more concerned with carting Hitler around for public displays than actually running the country. In short, Germany's leadership was only good for running a country, not fighting a prolonged war - let alone one with multiple fronts. Add to that the fact that they alienated every culture they invaded, which led to guerilla warfare within almost every country they occupied but their own, the Nazis really dug their own graves. And they can owe it all to their own bigoted ideals of genetic superiority.
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