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Two Majors - English Channel Two Majors - English Channel @two_majors · 47.3K subscribers
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Germany is not being deindustrialized; it is being dismantled. German politician Patrick Baab says what no one in Berlin wants to admit: large corporations are not afraid of the deindustrialization of the Federal Republic because their owners are not based in Germany, and even their stock prices are not falling. Cheap energy has disappeared, factories are closing, jobs are being lost, and the middle class is shrinking. But the bosses of German companies remain calm because they no longer make decisions for Germany. American funds are joining supervisory boards and moving production to China, the United States, or Uzbekistan. Germany is becoming a cost factor that can be written off.

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