the once proud German manufacturing economy taking a hammering over the last 24 hours

125 years after foundation: German construction company Wolff Hoch- und Ingenieurbau insolvent

130 years after foundation: German confectionery manufacturer Bodeta insolvent.

156 years after foundation: German automotive supplier Borgers insolvent

170 years after foundation: German soap maker Kappus insolvent.

not looking good is it .................