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How Germany is able to run the world’s second largest export economy

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Re: How Germany is able to run the world’s second largest export economy

#6

Very informative. Does this imply that Brexit is the rational choice for the UK?

Maybe there's a simpler explanation, in Germany businesses are run quite conservatively in comparison. Nice for stability but probably bad for innovation.

By the way, Germany is one of the top 5 exporting countries since decades, so this has little to do with the Euro:

https://wits.worldbank.org/CountryProfile/en/Country/WLD/Yea... https://wits.worldbank.org/CountryProfile/en/Country/WLD/Yea...

Re: How Germany is able to run the world’s second largest export economy

#8
post #5

Interesting choice to use 1993 as the start for the comparison of Germany's trade surplus: https://tradingeconomics.com/germany/balance-of-trade

I think it's right in the text why 1993 was chosen:

> "Indeed, when the Single Market was adopted (1993), ..."

Re: How Germany is able to run the world’s second largest export economy

#9
Related : cars selled by european companies will have to average 95gCO2e/km. But this limit is raised for heavy cars, which Germany sell a lot more than others. France's environment minister is angry. The legislation has been tailored for the EU's biggest industry.

Re: How Germany is able to run the world’s second largest export economy

#10

Very informative. Does this imply that Brexit is the rational choice for the UK?

Maybe, if it is rational to loose ones status as Europe‘s financial hub which was one of the key drivers in the past for the high pound exchange value.
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