Germany’s manufacturing hole gets deeper as suicidal energy policies meet Chinese over-capacity and worldwide recession.
— Peter St Onge, Ph.D. (@profstonge) September 13, 2023
New factory orders were surprisingly bad, down 12% on the month. Output has been stagnant for a year and a half now.
Even mighty Germany cannot withstand… pic.twitter.com/FaNlnIDLWt
Wednesday, September 13, 2023
It's one thing to cut back on vacations, but to cut back on food because you can't afford it has a certain third world vibe
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