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Strategies & Market Trends : The Financial Collapse of 2001 Unwinding

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To: dan6 who wrote (761)5/25/2018 1:01:30 AM
From: elmatador   of 13791
 
Why Merkel went to China

Germany was having big surpluses with the EU periphery until periphery collapsed 2007 just before the Finance collapse of 2008 hit. Immediately Germany shifted its exports to outside the EU and continued having a surplus.
Germany manged to drop the EU periphery while keeping its industry going
Great Graphic: Shift in Structure of German Trade



How Germany did that?. Germany surplus with the US kicked up real good after EU periphery tanked while its imports from the US plateaued. No wonder DJT is after Germany for the big surplus!



What will Germany's next step will be if the US market closes?

German businesses were, in 2014, already demanding further opening of Chinese market

Without EU periphery and now having a difficult time with the DJT's US, Merkel went to China to cut a deal with China.

Germany will sell technology to China and China opens the market for Germany's goods
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