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Germany is actually in a difficult position. Most of Germany's current growth is driven by exports to industrializing countries. As we know it, those country's
by nakkiel 15y ago
Germany is actually in a difficult position. Most of Germany's current growth is driven by exports to industrializing countries. As we know it, those country's growth is largely tied to Europe (the biggest consumer market in the world). Therefore, if Europe was to collapse, it would affect industrializing nations and Germany would be hit both through Europe and through industrializing countries.
- ticks 15y agoI agree, it's a perilous situation.