Let’s champion something else for awhile

Although the title may be an unofficial one, it looks like its official now: Germany is poised to lose the title of world’s top exporter this year – to China (who else?).  The recession may be over here (or not), but the recession elsewhere continues to lower the demand for expensive German cars, machinery and other Teutonic stuff.

Only dummies would buy these cars.

In other words, the rest of the world is now doing what the Germans have been doing here all along: The cheaper the better. No, that’s not a dance, although it might become one.

“Germany’s trading partners are going more for cheaper products right now.”

3 responses

  1. Actually that´s no surprise to some of us… except some managers and all those believers in more wisdom on top of the social ladder.
    I guess within the next ten years we´ll recieve Chinas revenge on expensive German exports. Recession has just begun… or is this only my typical German way of complaining all the time?

    Greetings,
    A.C.F.

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