Charlie McHenry on Nostr: In yet more bad news for the #GermanEconomy Thyssenkrupp to cut 11,000 jobs at steel ...

In yet more bad news for the #GermanEconomy Thyssenkrupp to cut 11,000 jobs at steel division in major corporate shakeup - pair these layoffs with massive cuts from major German automakers and electronics manufacturers and the picture is grim, and growing dimmer. #GermanPolitics reflects that, and many disgruntled voters are turning to the right for answers. As the #Ecoonomy begins to fail and more jobs are lost, could #Germany become disillusioned with the West and turn to Moscow and Putin for relief? Stranger thing have happened. #GeoPolitics #EU #economics #Layoffs #Capitalism #Thyssenkrupp https://www.reuters.com/markets/commodities/loss-making-thyssenkupp-steel-slash-5000-jobs-by-2030-2024-11-25/