Germany's economy is doomed 🇩🇪
In recent years, for the first time in decades, the country’s trade balance has slipped into a -€1.0 billion deficit. This marks a reversal for the export powerhouse.
🌐 With disrupted supply chains, energy costs soaring, population aging, and global demand falling, Germany's economic engine falters.
If this downward trend continues, the consequences for Germany and the entire European economy could be dire.
The golden era of an export-driven economy fueled by cheap Russian gas may be coming to an end 👋