To: Berlin_Freeper
I believe you. But isn’t good growth like 3 percent or more?
I am no financial genius so I could be misreading the data terribly wrong. Likely :)
3 posted on
05/12/2017 9:19:01 PM PDT by
dp0622
(The only thing an upper crust Conservative hates more than a liberal is a middle class conservative)
To: dp0622
Everything is relative, in this case to the general global economy. Besides, what we are talking about here is the first quarter of the year picking up so it could be better for the year.
To: dp0622
I believe you. But isn’t good growth like 3 percent or more?Exactly right.
Remember Sowell's three golden questions, including "Compared to what?"
Yes, compared to the miserable (annualized!) growth of 0.4% in the last quarter of 2016, growth has now risen by FIFTY PERCENT!
To a somewhat less-miserable 0.6% per annum.
Compared to long-term trends, the German economy is just limping along.
Regards,
6 posted on
05/13/2017 12:22:51 AM PDT by
alexander_busek
(Extraordinary claims require extraordinary evidence.)
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