1 in 7 German workers works for the auto (and related) industry

[Sysman]

<snip> but then again ... of course knowing the incompetence of Broons Goons they will probably join the Euro the week before the Germans dump it !!!

You just took the words out of my mouth.

[Pondlife]

...which leads me to think that Germany is even more doomed than we think.

1. The luxury car business is yesterday's game. Unlike the Japanese, the Germans have not been looking for alternatives to the internal combustion engine. They have ridden the boom by producing ever more powerful and flash cars which brought in easy income rather than investing in hydrogen/electric etc.
2. The crash in car sales is dramatic and going to get worse - 30%-50% in some countries.

The equivalent "industry" in the UK is that 1 in 10 employees work for the NHS. But demand for the NHS is only likely to rise in a recession.

I think the Germans will have a worse recession than us, cushioned to some extent by their better benefit system.

How does this help our economy? I suppose we could export the NHS...

[BoredBloke]

Yes it looks like the internal political pressure to dump the Euro for Germsny could unhinge the Euro - that said the Italians dont want it either - Merckel must know its a vote winner to revert back to the ReichMark - sorry Dmark - but then again ... of course knowing the incompetence of Broons Goons they will probably join the Euro the week before the Germans dump it !!!

or the week after they dump it!