-
11th November 2016, 14:23
#1
German media demands military buildup in response to US election
Above all, the German economy is extremely nervous about the election of Trump. Should he make real on his announcement to protect the US from imports, Germany is threatened with the loss of its most important export market. In 2015, the US replaced France as Germany’s largest trading partner after six decades. This year, German industry has exported goods valued at €114 billion to the US, 73 percent more than in 2010 and almost twice as much as was imported from the US. In addition to this, the US accounts for one sixth of all German direct investments.
Should these markets collapse under Trump, the German economy will need a substitute. That is one of the main reasons for the return of German militarism and an aggressive foreign policy.
http://www.wsws.org/en/articles/2016.../germ-n11.html
-
-
11th November 2016, 16:36
#2
The only other market that could compete with the American market for German goods would have to be the totality of Eastern Europe. Maybe in the future, China. So if this does happen I expect a re-alignment with these countries. Seems that after a lapse of several decades, the Germans are 'going East' again.
-
Posting Permissions
- You may not post new threads
- You may not post replies
- You may not post attachments
- You may not edit your posts
Forum Rules