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No sustained recovery on horizon for German economy
NASDAQ via Reuters ^ | 08 14 2023 | Miranda Murray

Posted on 08/14/2023 10:25:00 AM PDT by yesthatjallen

Germany's economy is not likely to see a sustained recovery in the coming months based on early indicators such as new orders and business climate, the economy ministry said on Monday.

"On the domestic front, the expected cautious recovery in private consumption, services and investment is showing the first signs of hope, which are likely to strengthen as the year progresses," said the ministry in its monthly report.

SNIP

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


TOPICS: News/Current Events
KEYWORDS: economy; europe; germany; recovery

1 posted on 08/14/2023 10:25:00 AM PDT by yesthatjallen
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To: yesthatjallen

Germany was having trouble, what a sad, sad story
Needed a new leader to restore its former glory
Where, Oh where was he? Where could that man be?
We looked around and then we found
The man for you and me.
And now it’s..


2 posted on 08/14/2023 10:26:16 AM PDT by dfwgator (Endut! Hoch Hech!)
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To: yesthatjallen

Shoot your self in the foot and now you cant walk, logical for the illogical


3 posted on 08/14/2023 10:26:34 AM PDT by ronnie raygun
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To: yesthatjallen

Especially after Bidens henchmen and bag men blew up the gas pipelines to Germany.


4 posted on 08/14/2023 10:29:02 AM PDT by blackdog ((Z28.310) My dog Sam eats purple flowers.)
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To: yesthatjallen

Same boat? 😳


5 posted on 08/14/2023 10:30:00 AM PDT by rktman (Destroy America from within? Check! WTH? Enlisted USN 1967 to end up with this💩? 🚫💉)
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To: yesthatjallen

Wait.....Weren’t all those muzzles supposed to help the German economy soar to new heights?????


6 posted on 08/14/2023 10:30:32 AM PDT by Hambone 1934 (Dems love playing Nazis.....The republicans love helping them)
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To: yesthatjallen
--- "No sustained recovery on horizon for German economy"

Interesting headline. As if there is a recovery, but it won't be sustained. But is there a recovery? Not as many businesses there seem to see it.

To offset the implications of that Reuters, here's another Reuters:

"BASF seeks 'permanent' cost cuts at European operations" Source: https://www.reuters.com/markets/europe/basf-says-european-operations-need-be-cut-size-permanently-2022-10-26/

"German industrial output falls further in June

Source: https://www.reuters.com/markets/europe/german-industrial-output-falls-further-june-2023-08-07/

"German Production Drops as Factory Weakness Weighs on Growth"

Source: https://www.bloomberg.com/news/articles/2023-07-07/german-production-drops-as-factory-weakness-weighs-on-growth

"Is German industry migrating to the US?"

Source: https://www.dw.com/en/is-german-industry-migrating-to-the-us/a-65031130

"High German energy prices are seeing some companies relocate: BDI"

Source: https://www.cnbc.com/2023/06/21/high-german-energy-prices-are-seeing-some-companies-relocate-bdi.html

Oh well. Never mind.
7 posted on 08/14/2023 10:41:34 AM PDT by Worldtraveler once upon a time (Degrow government)
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To: yesthatjallen

Can’t think of a European country more industrialized than Germany. Take away their industry and you take away their life and soul. Germany is also the most significant country in Europe. Destroy German industry and destroy all of Europe and all those countries that supply their foreign workers. Jobs will become a most precious commodity in Europe.

Zum Wohle sagte der Fuchs zum Dohle.


8 posted on 08/14/2023 11:19:48 AM PDT by 353FMG
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To: Hambone 1934

The Muzzies are not in Germany to make it great again but to muslimize it.


9 posted on 08/14/2023 11:27:17 AM PDT by 353FMG
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To: 353FMG

When the new Ottoman Empire rises, Germany will be their first colony.


10 posted on 08/14/2023 11:27:50 AM PDT by dfwgator (Endut! Hoch Hech!)
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To: 353FMG
"Can’t think of a European country more industrialized than Germany."

The "Greens" are hamstringing them too. Just like the left is doing to traditional US energy.

11 posted on 08/14/2023 11:32:58 AM PDT by yesthatjallen
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To: 353FMG

The excuse to let them in was to help the economy..I wonder if all the children and women who have been SA by muzzles feel good about the way the economy is going????


12 posted on 08/14/2023 11:39:12 AM PDT by Hambone 1934 (Dems love playing Nazis.....The republicans love helping them)
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To: yesthatjallen

They won’t recover unless and until they ditch all of the green rubbish they’ve accumulated over the years and imprison the proponents.


13 posted on 08/14/2023 11:39:51 AM PDT by Bonemaker (invictus maneo)
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To: yesthatjallen

If the US had not blown up Nordstream, they would have been spared a lot of pain.

Even the price of barley (beer) went up.


14 posted on 08/14/2023 11:42:48 AM PDT by Mariner (War Criminal #18)
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To: blackdog

Especially after Bidens henchmen and bag men blew up the gas pipelines to Germany.


So we prefer NATO members get their energy from a country that is threatening to nuke us?


15 posted on 08/14/2023 12:03:41 PM PDT by lodi90
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