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"German industry is in the deepest slump since the global financial crisis, and threatens to push Europe's powerhouse economy into full-blown recession. The darkening outlook is forcing the European Central Bank to contemplate ever more perilous measures.Why? What is going on here? It seems that, though other European member-states used to be Germany's largest market, Germany's first and third largest export destinations are now the US and China, respectively. Together, they account for more than 15% of all outbound German trade activity. More than 18% of Germany's export goods ended up somewhere in Asia. Therefore, Germany's industrial struggles in 2019 point the finger in the direction of its external focus, which means the US, China, and Asia - i.e. its largest marginal trade partners. And the principal assailants in today's trade and tech wars.
"The influential Ifo Institute in Munich said its business climate indicator for manufacturing went into "free fall" in July, as the delayed damage from global trade conflict takes its toll and confidence wilts. It goes far beyond the woes of the car industry. More than 80pc of Germany's factories are in outright contraction."

Comment: That's obviously quite the list - and quite probably the reason why the Clintons have been able to evade justice after so many decades of documented high-level crime. Imagine the looks on the faces of their clueless supporters who still think that Hillary was deserving of the presidency if they understood the ramifications of the above list.
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