Germany is dragging Europe’s economic system down — and that’s nice for crypto

Within the newest episode of Macro Markets, Cointelegraph analyst Marcel Pechman discusses the recession in Germany, Europe’s largest economic system. In line with a latest headline in The Wall Avenue Journal, “Germany is dragging down Europe’s economic system.“ The article explains how the nation closely will depend on manufacturing, which has been damage as overseas governments rush to guard home industries.

In line with Pechman, Germany’s gross home product (GDP) ranks fourth globally, 42% larger than France’s GDP. Furthermore, manufacturing is answerable for practically 20% of its economic system. To make issues worse, the manufacturing business in Germany employs 10% of the workforce.

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