Sunday, February 10, 2019

BREXIT: Are a 100,000 German Jobs at Risk?

It's a question that got posed this morning via ARD (German public TV, Channel One).

Economic experts are quietly suggesting to ARD that yes, it's a minimum of 100,000 Germans who might be laid off if a 'hard' BREXIT occurs (in roughly seven weeks).

This study was done by a research foundation, and they suggest most of this is tied to the car industry. 

A couple of weeks ago, via a Brit newspaper, they found experts who suggested 750,000 German jobs were at risk. 

What's the real number?  Unknown.  I would suggest this....if this were solely about 100,000 German jobs, then it's a bad deal, but not a massive terrible deal.  If this were 750,000 jobs.....it would turn into a massive political deal in a matter of just one to two months.....to focus great negative energy at the May EU election to occur in Germany. 

It would be the kind of negative focus that Chancellor Merkel really doesn't need, and really accelerate negative finance trends across Germany.  Blame? It'd be mostly dumped on Merkel, the coalition government, and the pro-EU crowd in Germany.  This in turn....would affect the fall elections to occur in three German eastern states. 

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