3 ms·
The silver lining is that a weaker currency means EU exports are more competitive.
by dsq 4y ago
The silver lining is that a weaker currency means EU exports are more competitive.
- dellIsBetter 4y agoAnd is a good news for US inflation
- chrisco255 4y agoBut can the EU even scrape together the raw material inputs to produce enough to make up for the trade deficit? Will they be competitive with Chinese exports? Can they implement this strategy given their labor market constraints?
- hef19898 4y agoThe answer to all of that is, hold on, yes.
- partiallypro 4y agoVery difficult to make new exports that are cheap when your energy costs are soaring. Energy in Germany is up over 400%.