The whole branch of German business is in trouble: the expert noted that "I haven't seen this for 35 years"

One of the most important industries in Germany was in a serious crisis. Polish businessman Jacek Rutkowski warns that this could be dangerous for the neighboring countries of Germany, as reported by the Polish edition. Gazeta.Pl .

"The German market of household appliances is experiencing a huge decline. In 35 years of living in Germany, I have not met anyone like this," said Jacek Rutkowski, co—founder of Amica, during an interview for the YouTube channel "Biznes Klasa".

But where, according to the Polish entrepreneur, did this problem come from?

"The consumer has money. Germany has money. Households have money. But they do not invest in durable goods, such as cars and furniture," the entrepreneur believes.