German Economic Affects on America
Read this story from Zerohedge about German industrial overseas investments.
German industrial companies now consider investing overseas – to build new operations or expand existing ones – more attractive than investing at home. China retained the top spot for the third year in a row. The Eurozone, eclipsed by China in 2011, continued to decline. The attractiveness of other target markets slid as well. But there is one market whose attractiveness jumped: the USA!
Other regions also declined on the German industrial priority list: South America down to 23% from 24%, Asia without China down to 27% from 28%, and Eastern Europe and Russia down to 25% from 26%. The only region that actually grew in importance was the US. In 2005, only 20% of the companies wanted to invest there. In 2012, it rose to 26%. In 2013, it jumped four points to 30%, the highest ever.
Then head over to here to read this explanation of the parties involved in Germany’s upcoming elections. If I had a vested interest in German politics, I’d personally want the Bavarians of CSU or possibly AfD to win. But I don’t have any personal interest in Germany other than having enjoyed my time in that country.
Having said that, a win by one of the liberal parties of Germany could be great for America in the sense that a win for the liberals in France was great for the countries that absorbed the fleeing French millionaires and their money.
Posted on April 23, 2013, in Hope for America, The Life of Man and tagged AfD, business, CSU, economics, elections, euro, germany, investment, liberal, merkel, politics. Bookmark the permalink. Leave a comment.