Burkhard Maria Zimmermann'“#China Shock 1.0” not only led to losses of up to 2.5m jobs but was also marked by a rise in #suicides, #divorce and #drug use in US towns that lost industries to the Chinese, according to the #CER report.
That fraying of the US #socialfabric, it said, was “an eerie warning shot for #Germany’s car and machine-building cities like #Wolfsburg and #Stuttgart”, a reference to the homes of #Volkswagen and #MercedesBenz.'
