You are viewing a single comment's thread from:

RE: LeoThread 2025-01-12 05:27

in LeoFinance11 months ago

Part 2/11:

Dunn's alarming forecast stems from the significant role that the automotive sector plays in Japan's economy. Estimates suggest that more than 40% of Japan's GDP is tied to this industry. With Japan already grappling with a staggering debt-to-GDP ratio—the highest in global history—the potential fallout from this transition could be devastating. Should Chinese manufacturing take over entirely, the repercussions for the Japanese economy could be catastrophic.

Germany’s Struggling Automotive Sector