I Got Your Trading Partner For You Right Here, Pal

For the first time in 40 years US-Amerika has now surpassed France as Germany’s most important trading partner.

Trading Partner

Of course now everybody is trying to figure out who to blame for this and how to fix it.

One theory goes that the policy of low interest rates and the government bonds buyback program by European Central Bank president Mario Draghi has devalued the euro and made selling in other parts of the world a whole lot easier. I’ll “buy” that. Hardy, har, har.

Erstmals seit vier Jahrzehnten haben die USA Frankreich als wichtigsten Handelspartner Deutschlands abgelöst. 2015 seien Waren im Wert von 173,2 Milliarden Euro zwischen Deutschland und den Vereinigten Staaten gehandelt worden.

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