11-01-2019, 14:26
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#6171
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Perfect Soldier
Join Date: Mar 2009
Location: Worthing West Sussex
Age: 66
Services: VM 500M SH3 thingy
in modem mode
XL TV V6 Sony Bravia smart TV and M phone
Posts: 10,994
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Re: Brexit
Quote:
Quote from Business Insider:
Germany may be in recession, economists said, after they trawled through an unexpectedly horrible set of industrial and manufacturing data published on Wednesday's from the world's fourth-largest economy.
German industrial production fell by -1.9% in November.
Year over year, production hit a low of -4.6%, the biggest trough since the 2008 crisis.
Germany's exports fell -0.4% month over month in November, the government reported Wednesday.
Suddenly, Europe is faltering.
Germany is the largest European economy and its leaders have an outsized influence on the rest of the EU and the European Central Bank.
A recession in Germany could easily drag down France and Italy — the latter is already likely in a recession of its own.
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Looks like we're getting out just in time as the house of cards collapses.
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History is much like an endless waltz: The three beats of war, peace and revolution continue on forever.
However history will change with my coronation - Mariemaia Khushrenada
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