There are some issues that contribute to job loss, the biggest one is the exchange rate with Chinese currency. Thats is being worked on, right now it is anywhere from 25% to 40% low. This artificially lowers the cost of anthing being exported out of China.
Germany has 12% unemployement, we are at 5% who really has it bad ? We never get much below 5% unemployment anyways.When we do wages rise and we get inflation.
There is opportunity all around, you just have to look for it.
I personally will try to buy US when possible. There may be an ATK in my future.
I should add that in the automotive business, European auto companies will be building new plants in the US because the exchange rates make us 30% cheaper right now. Good for us, bad for Europe. Exports to Europe from the US will increase as well.
Germany has 12% unemployement, we are at 5% who really has it bad ? We never get much below 5% unemployment anyways.When we do wages rise and we get inflation.
There is opportunity all around, you just have to look for it.
I personally will try to buy US when possible. There may be an ATK in my future.
I should add that in the automotive business, European auto companies will be building new plants in the US because the exchange rates make us 30% cheaper right now. Good for us, bad for Europe. Exports to Europe from the US will increase as well.
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