[Trichter]

Very useful discussion of the topic; far more powerful than a focus primarily on demand and supply, consumption and production as key drivers. Thanks for the succinct version.

[Trichter]

Can definitely confirm the point Ash makes in the article. Despite Germany’s much-touted status as “Exportweltmeister” (export world champion). Life on the ground is getting harder and harder for the people. It was perfectly summed up by laconis t-shirt a family father I saw walking down the street in Berlin with his daughter. It read:

“Arm trotz Arbeit” (Poor Despite Having Job)

They are squeezing people hard. A serious backlash will come from right and left factions.

[Author]

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