Teathat finance The ministry of the southern German state of Baden-Wurttemberg, home to giants like Bosch, Mercedes and zf Not a bad place to check out Friedrichshafen, Germany’s concerns. The country is plagued by fears of de-industrialization as it heads into elections and it looks likely that its Chancellor Olaf Scholz will be forced out of his job if his party does not oust him first. That ministry official, Daniel Buys, is worried that Germany has ruined it “Globalization Dividend” Over the past 15 years, the public sector was underfunded in an era of low interest rates. Now, facing energy shortages, increasing competition from China and the possibility of Donald Trump’s America The minister fears that the country’s business model is “collapsing” due to the imposition of 10-20% tariffs on imports.