The German economy is being hit increasingly hard by the lack of orders. In October, 41.5% of companies reported a lack of orders, up from 39.4% in July. That’s the highest level since the 2009 financial crisis. “The lack of orders is continuing to hinder economic development in Germany,” says Klaus Wohlrabe, Head of Surveys at ifo. “Hardly any industry has been spared.”
The deindustrialization shall continue until morale improves. Not Germans' morale, though, just Finance bros from Princeton and Georgetown foreign relations stooges.
The deindustrialization shall continue until morale improves. Not Germans' morale, though, just Finance bros from Princeton and Georgetown foreign relations stooges.