Holger Zschaepitz on Twitter: "Good Morning from #Germany, which is falling as an economic powerhouse on a global scale. Germany's trade surplus is gone. Foreign trade balance came in at MINUS €1bn
![For the First Time Since 1991, Germany's Trade Surplus Vanishes - Mish Talk - Global Economic Trend Analysis For the First Time Since 1991, Germany's Trade Surplus Vanishes - Mish Talk - Global Economic Trend Analysis](https://mishtalk.com/.image/t_share/MTkwNjY0MjQ5NTE5OTA4NzMy/germany-trade-balance.png)
For the First Time Since 1991, Germany's Trade Surplus Vanishes - Mish Talk - Global Economic Trend Analysis
![Despite Germany's trade surplus, manufacturing employment share of total employment has fallen in its industrial hub at a similar rate as in Ohio | PIIE Despite Germany's trade surplus, manufacturing employment share of total employment has fallen in its industrial hub at a similar rate as in Ohio | PIIE](https://www.piie.com/sites/default/files/featured-image/2021-10-06_posen_featured_image.png)
Despite Germany's trade surplus, manufacturing employment share of total employment has fallen in its industrial hub at a similar rate as in Ohio | PIIE
![Development of total foreign trade balance of Germany and its foreign... | Download Scientific Diagram Development of total foreign trade balance of Germany and its foreign... | Download Scientific Diagram](https://www.researchgate.net/publication/339924075/figure/fig3/AS:881304094666753@1587130678681/Development-of-total-foreign-trade-balance-of-Germany-and-its-foreign-trade-balance-with.png)