The Mercantilist Maginot Line
Germany sheds jobs as China’s trillion-dollar surplus and the West’s demographic crisis make factory re-shoring impossible
Grüezi!
1 A Stab In The Heart
The internal combustion engine has powered Germany’s industry since Carl Benz put an engine on a horse buggy in 1885.
Now, the world’s largest automotive parts supplier – Bosch – is cutting 5,500 jobs. ZF…
