Why Europe's Largest Economy Is Going Broke

Just seven years ago, Germany’s economy was so strong that economists were calling it their second golden age. These days, it’s the worst-performing economy among G7 countries The IMF and European Commision have cut their growth forecasts multiple times. How did this economic fall from grace happen to one of the most stable countries… so quickly? They’re the world’s top exporter of advanced machinery. If you’re building a factory, whether it’s in China, Brazil, or the U.S, you can bet that the machines inside it are German-made. Their brands like BMW, Mercedes-Benz, Audi, Porsche, and Volkswagen are embedded in global production lines. These are fundamental parts of every industry - and it’s a domino effect. How will the pieces fall in the rest of the world, and affect your pocket? And most importantly… Why is Europe's Largest Economy Going Broke?

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