21 sats \ 3 replies \ @arrivederci 4 Feb \ parent \ on: Safe Haven: Europe loses to the USA econ
However, within Europe, Germany will remain the strong man
Depends on how you define Europe but I see Russia as the emerging 'strong man' (and where some German industry is already migrating to).
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1 sat \ 2 replies \ @TomK OP 4 Feb
Russia is growing faster than the Eurozone. And Germany loses a lot of capital to the US. Do You have info about capital moving from G. to Russia?
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42 sats \ 1 reply \ @arrivederci 4 Feb
Do You have info about capital moving from G. to Russia?
My understanding is that German industry and industrial talent (that sees the writing on the wall) is mainly looking at 3 places to move to : the US, Russia and China. The latter two may be more the talent (people with strong industrial experience and skills) than industrial capital for now due to sanctions difficulties but that situation can and I think will change (Germany will recognise the need for a rapprochement with Russia in the fairly near future).
I recall seeing reporting on increases in numbers of Germans migrating to Russia and talk about Germany's chemical industry favouring Russia as best suited to its needs but I would have to dig up references to substantiate my recollections, so absent those take what I'm saying with a grain of salt.
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0 sats \ 0 replies \ @TomK OP 5 Feb
Interesting. Thank You for Your insights.
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