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RE: LeoThread 2025-03-09 13:27

in LeoFinance7 months ago

Part 7/10:

The fallout from this emphasis could further erode Germany's industrial base. As capital flows increasingly into finance rather than manufacturing, questions arise about what role Germany will occupy on the global stage. Unlike major financial centers such as New York and London, which have developed robust financial infrastructures over decades, Germany lacks the foundational elements to emerge as a preeminent banking hub.

The Challenge of Global Competitiveness