Manufacturing to Lead the Country Out of Recession
Friday, August 14, 2009The country being Germany. Or so Der Spiegel writes, “The Case for Optimism — Amazing German Machines May Lead Europe Out of Recession“:
Germany’s heavy reliance on exports caused serious problems for the country when the global economic crisis dried up orders. However, its obsession with manufacturing could soon help drive growth. By merging electronics and mechanics, German factories could drive the Continent’s revival.
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