One more factoid to question the idea that rolling back green regulation will magically spring Germanys economy back to life.
Germanys exports of clean tech are now already a larger line of business than its exports to China ever were.
Beware the false realists here too.
Germanys exports of clean tech are now already a larger line of business than its exports to China ever were.
Beware the false realists here too.
Reposted from
Sander Tordoir
Welcome to the second China shock.
China now produces the same goods as Germany. Germany will keep bleeding export markets and GDP as China floods the world with its good surplus.
Without boosting EU/domestic demand Merz will not be able to offset the damage.
www.bloomberg.com/news/article...
China now produces the same goods as Germany. Germany will keep bleeding export markets and GDP as China floods the world with its good surplus.
Without boosting EU/domestic demand Merz will not be able to offset the damage.
www.bloomberg.com/news/article...
Comments