Germany records first monthly trade deficit since 1991 as inflation soars

Re:Germany records first monthly trade deficit since 1991 as... by mmarq on Monday July 04, 2022 @03:25PM (#31980786)

> Or, read what Stratfor (if you have a subscription) has been predicting for a decade now: Germany's slow decline, to be replaced as Europe's power center by Poland.

The Polish GDP per capita is 30-40% lower than the German. Assuming it will ever happen, it will take decades for Poland to replace Germany.

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Re:Germany records first monthly trade deficit since 1991 as... by sveme on Monday July 04, 2022 @03:28PM (#31980814)

And it‘s half Germany‘s heads as well.

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Re:Germany records first monthly trade deficit since 1991 as... by reducesuffering on Monday July 04, 2022 @05:02PM (#31981735)

German GDP is ~$3.8T to Poland's ~$600B, a roughly 6x difference. And there is hardly any trajectory change in the last 15 years, so color me skeptical Poland will overtake Germany economically anywhere in the next 50 years.

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Re:Germany records first monthly trade deficit since 1991 as... by YarickR2 on Monday July 04, 2022 @08:06PM (#31982961)

Germany'd GDP per capita could be halved much faster

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