Eurozone
industrial
production
has been
holding steady
since 2015,
But German
industrial production
has been slowing since
early 2018,
lagging behind
the Eurozone average,
and now approaching
a recession.
Car production by German
automakers has been cut
domestically, while
increasing their
auto production
in the rest of Europe
Because
Germany
is no longer a
manufacturing
friendly nation.
Germany has high
energy prices, and
scary radical
environmentalists.
What's changed in Germany ?
German companies pay
the highest electricity prices
in Europe, by a wide margin.
German manufacturers
are moving 'environmentally
burdensome production'
beyond its borders.
The Fridays for Future
and Extinction Rebellion
protests have been
widespread in Germany.
Pressure is mounting
to ban internal
combustion engines,
shut down the remaining
nuclear power plants,
and halt coal fired power,
which would make
German electricity
even more expensive.
Environmentalists
and government
regulators have also
targeted agriculture
in Germany.
The last thing Germany needs
are more industry-destroying,
jobs-killing, government policies.