"Exports account for about 40% of Germany’s GDP, but 3/4 go to the rest of the EU. 'True' German exports, those going outside the EU, are just over 10% of GDP, in line with the US. Nobody ever worries whether Florida exports too many oranges to the rest of the US. So why the double standard?"
open.substack.comTrade Wars: How Vulnerable Is Europe, Really?It’s complicated…
5 reposts27 likes