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Title : The Gap Between The EU And The US Will Continue To Widen -- January 10, 2018
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The Gap Between The EU And The US Will Continue To Widen -- January 10, 2018

On the day that Toyota/Mazda announced a new $1.6 billion automobile plant to be built in Alabama, Reuters is reporting that "German industrial workers widen their strikes in wage dispute."

So, guess how much German workers want in wage increases? 1%? 2%? 3%? Nope, double that, 6%.

But not only that, they want shorter hours (I assume the hours will be the same number of minutes as before, but they want fewer hours, not shorter hours -- perhaps a shorter work-week is what the writer meant).

The strike for a shorter work-week comes on top of the 35-hour work week Germans already have.

According to the article, "workers have drawn a line in the sand."

So how many hours to the Germans want to work. 30 hours/week. LOL.

No, they want to go to four seven-hour days, 28 hours in total. Or if they work five days, less than three hours before lunch and less than three hours after lunch.

Angela Merkel is unable to form a government; something tells me the unions are going to win on this one.

If the union wins, I wonder if CNBC will talk about the potential demise of the "synchronized global economy"?

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