Europe has been cut off from Russian gas this week and that has us wondering how that will impact the United States and hopefully a way to earn a profit. Because energy costs are spiking all across Europe, some companies in Germany are being heavily impacted. From Business-Standard.com
“High energy prices are causing production in Germany to fall, while import pressure is increasing,” Wolfgang Grosse Entrup, Managing Director of the country’s chemical industry association VCI, told Xinhua on Tuesday.
Business-Standard.com
We wanted to know what the top German exports are and try to determine what future shortages may arise from a German production slow down or shutdown:
Using the 80/20 rule we highlighted 80% of the value of German exports. If Germany is forced to slow down or shut down manufacturing of these goods because of high energy prices then there will be supply chain disruptions of these products throughout the world since these are top German exports.
Will there be more toilet paper shortages in our future?
We’ll take this data and so some research and find a way to profit. In the meantime stay tuned and stay solvent…