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German economy records zero growth in fourth quarter
Deutsche Welle ^ | 02.14.2020 | aw/rc (dpa, AFP, AP)

Posted on 02/14/2020 6:49:06 AM PST by Olog-hai

The German economy posted zero growth in the final quarter of 2019, the federal statistics authority (Destasis) reported in preliminary statistics on Friday.

The Gross domestic product (GDP) was the same in October-December as in the previous three months.

The results were worse than forecast, with predictions of 0.1% growth.

However, Destastis revised its results for the third quarter, with the GDO growing by 0.2% instead of the 0.1% previously reported. […]

The zero growth is a reflection of broader eurozone slowness with headwinds from the US-China trade dispute and Brexit. The European Central bank has been trying to stimulate growth and inflation in the 19-country eurozone, with negative interest rates and bond purchases with newly printed money. …

(Excerpt) Read more at dw.com ...


TOPICS: Business/Economy; Foreign Affairs; Germany; News/Current Events
KEYWORDS: angelamerkel; brexit; brexitparty; destasis; europeanunion; eussr; germany; nato; nigelfarage; socialmarketeconomy; unitedkingdom; zerogrowth

1 posted on 02/14/2020 6:49:06 AM PST by Olog-hai
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To: Olog-hai

I see importing all those savages has really worked out for them.


2 posted on 02/14/2020 6:52:28 AM PST by Jewbacca (The residents of Iroquois territory may not determine whether Jews may live in Jerusalem)
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To: Olog-hai

I guess that is better than NEGATIVE growth like last quarter.


3 posted on 02/14/2020 6:53:13 AM PST by woodbutcher1963
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To: Jewbacca

About as well as INSTEX.

Goody.


4 posted on 02/14/2020 6:54:58 AM PST by mewzilla (Break out the mustard seeds.)
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To: mewzilla
Meanwhile, on a related note from 3 days ago...

Germany gaffe: President forced to apologise after sending Iran message ‘by mistake’ GERMANY'S president "mistakenly" sent a celebratory message to Iran to mark the 41st anniversary of the Islamic Revolution

After promising not to do it.

5 posted on 02/14/2020 7:01:40 AM PST by mewzilla (Break out the mustard seeds.)
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To: Olog-hai

I feel bad for Germany. Their post WWII recovery/boom and the reunification were such causes for optimism.


6 posted on 02/14/2020 7:03:18 AM PST by tellw (ed)
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To: tellw

Consider what they were optimistic for, though.


7 posted on 02/14/2020 7:03:57 AM PST by Olog-hai ("No Republican, no matter how liberal, is going to woo a Democratic vote." -- Ronald Reagan, 1960)
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To: Olog-hai
Those diverse invaders immigrants adding to Germany’s productivity.
8 posted on 02/14/2020 7:04:39 AM PST by mikey_hates_everything
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To: tellw

“ I feel bad for Germany. ”

I don’t. Elect stupid people, follow stupid socio-Political philosophies, become terminally corrupt...you get the expected results. Let them love rolling around in the mud.


9 posted on 02/14/2020 7:08:45 AM PST by Scott from the Left Coast (It's the corruption, stupid)
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To: Olog-hai

But they had a balanced budget for the last couple of years.

Some FReepers love that above all else.


10 posted on 02/14/2020 7:19:40 AM PST by Moonman62 (Charity comes from wealth.)
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To: Olog-hai

Look out, Poland!!!


11 posted on 02/14/2020 7:21:22 AM PST by GingisK
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To: Olog-hai

Stille Wasser sind tief


12 posted on 02/14/2020 7:29:55 AM PST by bigbob (Trust Trump. Trust the Plan.)
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To: AdmSmith; AnonymousConservative; Arthur Wildfire! March; Berosus; Bockscar; cardinal4; ColdOne; ...

I would post a snip from “That 70s Show”, but A) I’m too lazy to look for it, and B), A).

http://www.freerepublic.com/focus/news/3816444/posts?page=5#5


13 posted on 02/14/2020 8:28:19 AM PST by SunkenCiv (Imagine an imaginary menagerie manager imagining managing an imaginary menagerie.)
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To: Olog-hai

All those refugees well on their way to paying for the social security of the old folks...


14 posted on 02/14/2020 8:43:45 AM PST by jimmygrace
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To: Olog-hai

Oh goody! I just can’t wait to see what happens to Germany when they can no longer afford to pay welfare to the millions of Muslim “refugees” they have let into their country. I’m sure they will just go peacefully back to the Islamic paradise from which they came. NOT!


15 posted on 02/14/2020 9:07:00 AM PST by Desron13 (You may choose to ignore reality but you can't force reality to ignore you.)
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To: Moonman62

Who audited their budget?


16 posted on 02/14/2020 9:27:23 AM PST by Olog-hai ("No Republican, no matter how liberal, is going to woo a Democratic vote." -- Ronald Reagan, 1960)
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To: Jewbacca

I’m sure driving up the cost of energy with Gaia Worship has been very beneficial as well.


17 posted on 02/14/2020 9:34:39 AM PST by FLT-bird
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To: Olog-hai

I see the Germans and their super race have some flaws! Looks like the yutes over there have some big time...ah...duh...I forget... issues!


18 posted on 02/14/2020 10:54:29 AM PST by SgtHooper (If you remember the 60's, YOU WEREN'T THERE!)
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