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Bank Syz Ltd. accepts no liability for any loss arising from the use of this document. ## Straight from the Desk # **Syz** the moment Live feeds, charts, breaking stories, all day long. - [All](https://blog.syzgroup.com/syz-the-moment) - [equities](https://blog.syzgroup.com/syz-the-moment/tag/equities) - [United States](https://blog.syzgroup.com/syz-the-moment/tag/united-states) - [Macroeconomics](https://blog.syzgroup.com/syz-the-moment/tag/macroeconomics) - [Food for Thought](https://blog.syzgroup.com/syz-the-moment/tag/food-for-thought) - [markets](https://blog.syzgroup.com/syz-the-moment/tag/markets) - [Central banks](https://blog.syzgroup.com/syz-the-moment/tag/central-banks) - [bitcoin](https://blog.syzgroup.com/syz-the-moment/tag/bitcoin) - [Fixed Income](https://blog.syzgroup.com/syz-the-moment/tag/fixed-income) - [geopolitics](https://blog.syzgroup.com/syz-the-moment/tag/geopolitics) - [AI](https://blog.syzgroup.com/syz-the-moment/tag/ai) - [europe](https://blog.syzgroup.com/syz-the-moment/tag/europe) - [Asia](https://blog.syzgroup.com/syz-the-moment/tag/asia) - [gold](https://blog.syzgroup.com/syz-the-moment/tag/gold) - [Commodities](https://blog.syzgroup.com/syz-the-moment/tag/commodities) - [investing](https://blog.syzgroup.com/syz-the-moment/tag/investing) - [Technology](https://blog.syzgroup.com/syz-the-moment/tag/technology) - [Crypto](https://blog.syzgroup.com/syz-the-moment/tag/crypto) - [technical analysis](https://blog.syzgroup.com/syz-the-moment/tag/technical-analysis) - [nvidia](https://blog.syzgroup.com/syz-the-moment/tag/nvidia) - [oil](https://blog.syzgroup.com/syz-the-moment/tag/oil) - [china](https://blog.syzgroup.com/syz-the-moment/tag/china) - [ETF](https://blog.syzgroup.com/syz-the-moment/tag/etf) - [earnings](https://blog.syzgroup.com/syz-the-moment/tag/earnings) - [Forex](https://blog.syzgroup.com/syz-the-moment/tag/forex) - [energy](https://blog.syzgroup.com/syz-the-moment/tag/energy) - [banking](https://blog.syzgroup.com/syz-the-moment/tag/banking) - [magnificent-7](https://blog.syzgroup.com/syz-the-moment/tag/magnificent-7) - [Alternatives](https://blog.syzgroup.com/syz-the-moment/tag/alternatives) - [Volatility](https://blog.syzgroup.com/syz-the-moment/tag/volatility) - [Real Estate](https://blog.syzgroup.com/syz-the-moment/tag/real-estate) - [apple](https://blog.syzgroup.com/syz-the-moment/tag/apple) - [emerging-markets](https://blog.syzgroup.com/syz-the-moment/tag/emerging-markets) - [google](https://blog.syzgroup.com/syz-the-moment/tag/google) - [Middle East](https://blog.syzgroup.com/syz-the-moment/tag/middle-east) - [switzerland](https://blog.syzgroup.com/syz-the-moment/tag/switzerland) - [tesla](https://blog.syzgroup.com/syz-the-moment/tag/tesla) - [United Kingdom](https://blog.syzgroup.com/syz-the-moment/tag/united-kingdom) - [amazon](https://blog.syzgroup.com/syz-the-moment/tag/amazon) - [microsoft](https://blog.syzgroup.com/syz-the-moment/tag/microsoft) - [assetmanagement](https://blog.syzgroup.com/syz-the-moment/tag/assetmanagement) - [ethereum](https://blog.syzgroup.com/syz-the-moment/tag/ethereum) - [meta](https://blog.syzgroup.com/syz-the-moment/tag/meta) - [russia](https://blog.syzgroup.com/syz-the-moment/tag/russia) - [Industrial-production](https://blog.syzgroup.com/syz-the-moment/tag/industrial-production) - [Healthcare](https://blog.syzgroup.com/syz-the-moment/tag/healthcare) - [ESG](https://blog.syzgroup.com/syz-the-moment/tag/esg) - [Global Markets Outlook](https://blog.syzgroup.com/syz-the-moment/tag/global-markets-outlook) - [Turkey](https://blog.syzgroup.com/syz-the-moment/tag/turkey) - [inflation](https://blog.syzgroup.com/syz-the-moment/tag/inflation) - [bankruptcy](https://blog.syzgroup.com/syz-the-moment/tag/bankruptcy) - [brics](https://blog.syzgroup.com/syz-the-moment/tag/brics) - [Market Outlook](https://blog.syzgroup.com/syz-the-moment/tag/market-outlook) - [performance](https://blog.syzgroup.com/syz-the-moment/tag/performance) - [africa](https://blog.syzgroup.com/syz-the-moment/tag/africa) - [LLM](https://blog.syzgroup.com/syz-the-moment/tag/llm) - [Global](https://blog.syzgroup.com/syz-the-moment/tag/global) - [Market News](https://blog.syzgroup.com/syz-the-moment/tag/market-news) - [Weekly Equities](https://blog.syzgroup.com/syz-the-moment/tag/weekly-equities) Show more 20 Oct 2026 - - - #### Germany built its prosperity on industry. What happens when that engine stalls? Vehicle production has fallen 31% since 2015—the steepest decline among major producers. China’s has risen more than 40%. The pressure extends far beyond cars: • Machinery faces Chinese rivals closing the technology gap and competing on price. • Chemical plants operate at roughly 70–75% capacity. • Energy-intensive industrial output remains around 15% below 2018–2022 levels. High energy and labour costs, stagnant productivity, heavy regulation and slow adaptation to electrification and software are eroding competitiveness. Meanwhile, public-sector employment has expanded. Since 2020, growth has relied almost entirely on public consumption and investment, while private-sector contributions have been negative. Debt can support demand. It cannot replace industrial competitiveness. Germany needs cheaper energy, simpler regulation and faster innovation. How long can Europe’s largest economy sustain prosperity while its industrial foundations weaken? Source: Michel A.Arouet [#Industrial-production](https://blog.syzgroup.com/syz-the-moment/tag/industrial-production) ![Germany built its prosperity on industry. What happens when that engine stalls?](https://blog.syzgroup.com/hubfs/1792439197449.jpg) ![Germany built its prosperity on industry. What happens when that engine stalls?](https://blog.syzgroup.com/hubfs/1792439197449.jpg) 8 Oct 2026 - - - #### The comparison between Germany and Switzerland offers a useful perspective on industrial competitiveness. Switzerland shows that high wages and a strong currency can coexist with a successful industrial sector. Productivity, innovation and a supportive business environment play a central role. Germany’s industrial challenges deserve an equally thoughtful discussion. Rising costs, expensive energy, bureaucracy and weak productivity growth are putting pressure on a country whose engineering excellence has long been admired worldwide. The debate should focus on how to create better conditions for investment, entrepreneurship and productivity. Redistribution alone cannot restore competitiveness, and blaming immigration offers no credible economic solution either. Germany has considerable strengths: skilled workers, outstanding companies and a deep industrial tradition. Building on these assets through practical reforms would help secure its prosperity for the next generation. But the clock is ticking... NB: unit costs in local currency Source chart: Michel A.Arouet [#europe|](https://blog.syzgroup.com/syz-the-moment/tag/europe) [#Industrial-production](https://blog.syzgroup.com/syz-the-moment/tag/industrial-production) ![The comparison between Germany and Switzerland offers a useful perspective on industrial competitiveness.](https://blog.syzgroup.com/hubfs/1791383015691.jpg) ![The comparison between Germany and Switzerland offers a useful perspective on industrial competitiveness.](https://blog.syzgroup.com/hubfs/1791383015691.jpg) 31 Jul 2025 - - - #### China's auto industryis a massive below-cost, state subsidized statecraft masking as trade This is Beijing trying to put the world's auto producers out of business even as domestic carmakers teeter on the verge of collapse, but are propped up by state money. Source: zerohedge, Caixin [#Industrial-production|](https://blog.syzgroup.com/syz-the-moment/tag/industrial-production) [#china](https://blog.syzgroup.com/syz-the-moment/tag/china) ![China's auto industryis a massive below-cost, state subsidized statecraft masking as trade](https://blog.syzgroup.com/hubfs/1753874123563.jpg) ![China's auto industryis a massive below-cost, state subsidized statecraft masking as trade](https://blog.syzgroup.com/hubfs/1753874123563.jpg) 22 Jul 2025 - - - #### China's Car Industry Profit Margin has fallen to an all-time low Source: Barchart [#Industrial-production|](https://blog.syzgroup.com/syz-the-moment/tag/industrial-production) [#china](https://blog.syzgroup.com/syz-the-moment/tag/china) ![China's Car Industry Profit Margin has fallen to an all-time low](https://blog.syzgroup.com/hubfs/1753098796093.jpg) ![China's Car Industry Profit Margin has fallen to an all-time low](https://blog.syzgroup.com/hubfs/1753098796093.jpg) 14 Jul 2025 - - - #### 🚨China’s rare earth magnet exports COLLAPSED Total shipments FELL 76% YoY in May, to 1,238 tons, the least since February 2020. Exports to the US FELL 92% YoY to 46 tons, and LESS than 1/10 of what was recorded in March. Source: Global Markets Investors [#Industrial-production|](https://blog.syzgroup.com/syz-the-moment/tag/industrial-production) [#china](https://blog.syzgroup.com/syz-the-moment/tag/china) ![🚨China’s rare earth magnet exports COLLAPSED](https://blog.syzgroup.com/hubfs/1752380930561.jpg) ![🚨China’s rare earth magnet exports COLLAPSED](https://blog.syzgroup.com/hubfs/1752380930561.jpg) 9 Jul 2025 - - - #### Global Statistics @Globalstats11 Top 10 Largest Car Producing Countries in 2024 1. China - 31,281,592 2. United States - 10,562,188 3. Japan - 8,234,681 4. India - 6,014,691 5. Mexico - 4,202,642 6. South Korea - 4,127,252 7. Germany - 4,069,222 8. Brazil - 2,549,595 9. Spain - 2,376,504 10. Thailand - 1,468,997 Source: International Organization of Motor Vehicle Manufacturer [#Food for Thought|](https://blog.syzgroup.com/syz-the-moment/tag/food-for-thought) [#Industrial-production](https://blog.syzgroup.com/syz-the-moment/tag/industrial-production) ![Global Statistics @Globalstats11](https://blog.syzgroup.com/hubfs/1752009863903.jpg) ![Global Statistics @Globalstats11](https://blog.syzgroup.com/hubfs/1752009863903.jpg) 27 Jun 2025 - - - #### China’s industrial profits sink on US Tariffs, deflation woes - Bloomberg China's industrial firms saw their profits drop the most since October, illustrating weakness in an economy strained by higher US tariffs and lingering deflationary pressure. Industrial profits fell 9.1% last month from a year earlier, according to data released Friday by the National Bureau of Statistics. [#Industrial-production|](https://blog.syzgroup.com/syz-the-moment/tag/industrial-production) [#china](https://blog.syzgroup.com/syz-the-moment/tag/china) ![China’s industrial profits sink on US Tariffs, deflation woes - Bloomberg](https://blog.syzgroup.com/hubfs/1751002430348.jpg) ![China’s industrial profits sink on US Tariffs, deflation woes - Bloomberg](https://blog.syzgroup.com/hubfs/1751002430348.jpg) 10 Sep 2024 - - - #### It seems that the EU finally realizes that their de-industrialization process has been going too far and put them at a huge competitive disadvantage vs. the US. The European Union requires radical reforms through a new industrial strategy to ensure its competitiveness, to boost social equality and to meet climate targets, according to a keenly awaited report from economist and politician Mario Draghi. The proposals laid out in the report would require between 750 billion and 800 billion euros in additional investment each year, the European Commission estimates. Other areas of concern include supply chain security and defense spending, the report states. BOTTOM-LINE: This could mean more debt, more money printing, more inflation, higher nominal growth. Source: CNBC [#europe|](https://blog.syzgroup.com/syz-the-moment/tag/europe) [#Industrial-production](https://blog.syzgroup.com/syz-the-moment/tag/industrial-production) ![It seems that the EU finally realizes that their de-industrialization process has been going too far and put them at a huge competitive disadvantage vs. the US.](https://blog.syzgroup.com/hubfs/1725906656828.jpg) ![It seems that the EU finally realizes that their de-industrialization process has been going too far and put them at a huge competitive disadvantage vs. the US.](https://blog.syzgroup.com/hubfs/1725906656828.jpg) [1](https://blog.syzgroup.com/syz-the-moment/tag/industrial-production/page/1) [2](https://blog.syzgroup.com/syz-the-moment/tag/industrial-production/page/2) [3](https://blog.syzgroup.com/syz-the-moment/tag/industrial-production/page/3) [❯](https://blog.syzgroup.com/syz-the-moment/tag/industrial-production/page/2) [❯❯](https://blog.syzgroup.com/syz-the-moment/tag/3?hsLang=en) ## **Thinking** out loud Sign up for our weekly email highlighting the most popular posts. 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