Rust Belt On The Rhine

[Dondilion]

Germany:
Rust Belt On The Rhine.

Although published about 18 months ago the below article is still valid as the main issues remain real.

https://www.politico.eu/article/rust...on-of-germany/

BERLIN — Germany’s biggest companies are ditching the fatherland.

Chemical giant BASF has been a pillar of German business for more than 150 years, underpinning the country’s industrial rise with a steady stream of innovation that helped make “Made in Germany” the envy of the world.

But its latest moonshot — a $10 billion investment in a state-of-the-art complex the company claims will be the gold standard for sustainable production — isn’t going up in Germany. Instead, it’s being erected 9,000 kilometers away in China.