shockedcanadian
Diamond Member
- Aug 6, 2012
- 43,832
- 42,908
- 3,605
This is what poor leadership leads to, from Merkel onward. These fools didn't see what China was doing to industries around the globe so thenfigured they wanted a taste too? Notice the China-First globalists dont.mention.Germany much? They believed that they could manufacture in China and their auto industry would just go boom. Instead their entire economy has gone "boom" for two years. A two year recession! Now they are going to get hit with tariffs too, brilliant leadership in Europe, the MSS are laughing their asses off. All of the West really has been a parody of leadership. https://www.cnn.com/2025/01/15/economy/german-economy-shrinks-second-straight-year-intl/index.html.
Germany’s economy, the largest in Europe, contracted for the second year in a row in 2024, official data showed Wednesday, underscoring the challenges facing the region as it tries to get economic growth back on track.
Germany’s gross domestic product fell 0.2% last year, according to the country’s Federal Statistical Office, following a contraction of 0.3% in 2023.
It’s the first time since the early 2000s, when Germany was grappling with high unemployment, that the economy has shrunk for two years in a row, according to Carsten Brzeski, global head of macroeconomics at pan-European bank ING.
Germany’s economy, the largest in Europe, contracted for the second year in a row in 2024, official data showed Wednesday, underscoring the challenges facing the region as it tries to get economic growth back on track.
Germany’s gross domestic product fell 0.2% last year, according to the country’s Federal Statistical Office, following a contraction of 0.3% in 2023.
It’s the first time since the early 2000s, when Germany was grappling with high unemployment, that the economy has shrunk for two years in a row, according to Carsten Brzeski, global head of macroeconomics at pan-European bank ING.
