No. of Recommendations: 1
Article I found on the Fool METaR board.
Rust Belt On The Rhine
The deindustrialization of Germany:
If Europe’s economic motor stalls, the Continent’s already polarized political landscape will shudder.https://www.politico.eu/article/rust-belt-on-the-r...The EU recently refined it's free trade agreement with Mexico. That followed free trade agreements with India and Brazil.
Same trend we saw in the US, excalti9ng with NAFTA, 30 tears ago, and China's admission to the WTO, about 25 years ago. We have seen how the hollowing out of US industry has lead to social problems that resulted in the rise of demigoddess passing themselves off as populists. Seems the EU, and particularly, Germany, would have learned what happens when the "JCs" are allowed to seek the cheapest labor in the world.
Steve
