Germany Is On The Verge Of Economic Collapse 2020 Euro CRASH !!
Germany is the largest economy in Europe and it has been very pivotal to the success of the European Union. However, the German economic situation is taking a new shape as data being released is showing a looming economic collapse. The economy has been flopping for months and the manufacturing sector has been declining steadily and and economic collapse might be around the corner. According to the economists, the German economy is collapsing and the current instability could lead to the eurorozone collapse.
The GDP has contracted and this has raised a concern among many economists because the country might be headed to an economic disaster. The fate of the German automobile industry remains unknown and if the trend continues, the whole auto industry will be crippled to an extent where it will be impossible to reverse the situation.
The demographic changes in Germany might deny the country a significant amount of manpower and this will just add more problems to the economy. We have too many immigrants who are using a lot of resources without any input to the economy. The country also has a large number of elderly people compared to the young energetic segment of the population who can provide labor to the economy.
https://www.investmentwatchblog.com/germany-is-on-the-verge-of-economic-collapse-2020-euro-crash/