Michael A. Arouet (@michaelaarouet) 's Twitter Profile
Michael A. Arouet

@michaelaarouet

Compounding. Economy & politics, investing, charts and irony. No investment advice. Watch out my impersonators. I’m not on Telegram, Bluesky, Facebook etc.

ID: 898142955038543873

calendar_today17-08-2017 11:22:22

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Michael A. Arouet (@michaelaarouet) 's Twitter Profile Photo
Michael A. Arouet
@michaelaarouet

3 months ago

German economic model was based on: 1. Cheap energy from Russia 2. Steadily growing exports to China 3. Cheap subcontractors in Eastern Europe Now energy is expensive, China and Eastern Europe became tough competitors. German economic model is broken, more debt won’t fix it

German economic model was based on: 1. Cheap energy from Russia 2. Steadily growing exports to China 3. Cheap subcontractors in Eastern Europe Now energy is expensive, China and Eastern Europe became tough competitors. German economic model is broken, more debt won’t fix it