Who would be the losers if Germany adopts a non-cooperative strategy?

To fight the loss of jobs and industrial activity, Germany will probably, as it did from 2000 to 2008, adopt a non-cooperative strategy against the rest of Europe: reduction in produc tion costs, cuts in taxes that have an impact on competitiveness, wage austerity . Public opinion is not yet ready for this in Germany, but the country’s economic problems will impose this solution. This strategy will restore activity and jobs in Germany at the expense of other countries, which is what happened with the policies implemented by Gerhard Schröder in the first half of the 2000s. We therefore seek to determine who would be the biggest losers today from such a non-cooperative strategy implemented by Germany. If we refer to the situation after the turn of the century, it would probably be France and Italy.