Germany’s over-dependence on its automotive industry will be its undoing.
Tag Archives: current account surplus
German Stubbornness: Why Not Finally Relent on the Trade Surplus?
Why are Germans so enamored with their trade surpluses? When will they see it is against their own, well-understood self-interest?
Debunking The Global Savings Glut Theory
Is paper money created by the world’s central banks responsible for the “global imbalances” that destabilized the economy?