Comment by cubefox
13 days ago
Demand for electricity went down due to increasing deindustrialization, which leads to a lower price than it otherwise would be.
13 days ago
Demand for electricity went down due to increasing deindustrialization, which leads to a lower price than it otherwise would be.
German machinery exports are growing, not shrinking: https://www.georesources.net/cms.php/en/news/755/Germany-Mac...
There was a dip due to COVID, and it doesn't help matters that their biggest customer is China, which locked down their population for nearly a year during the pandemic.
Sure, China makes widgets, but Germany makes the robots that make the widgets.
"Machinery exports" growing doesn't mean industry isn't moving out of the country.