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| Economy |
| German Growth Stalls |
| 2011-08-18 |
| The German economy has been one of the few bright spots in the global economy over the last few years. To be sure, it's not very bright . . . more like a night light than a shining beacon. But in the long darkness that seems to have settled over the rest of the developed world, that low-wattage glimmer of hope shines like the top of the Empire State Building. Or perhaps I should say shone. New data seems to show that our little bright spot may be flickering out |
| Posted by:gr(o)mgoru |
| #11 "I don't see a one world order with all the goings on now." Silver lining, Dale. |
| Posted by: Barbara 2011-08-18 18:59 |
| #10 it seems to think it can lock in a permanent structural trade surplus, Actually it can. If the money gets recycled in other ways, such as Germans buying farmhouses in Tuscany. |
| Posted by: phil_b 2011-08-18 16:48 |
| #9 Yes Anonymoose all are. Some differences. Here its negative news, in Europe its Banks, in Asia except Australia it's diminished growth expectations. I don't see a one world order with all the goings on now. |
| Posted by: Dale 2011-08-18 13:10 |
| #8 This may be the real reason the market is diving. |
| Posted by: newc 2011-08-18 11:17 |
| #7 Euro markets are taking a BIG hit today. Avg about 5%. |
| Posted by: Anonymoose 2011-08-18 10:24 |
| #6 Maybe Germany has been called upon to bail out too many in-debt countries? Their own economy is stalling. |
| Posted by: JohnQC 2011-08-18 09:26 |
| #5 Can't bail out everyone. |
| Posted by: Spot 2011-08-18 07:51 |
| #4 This is very bad news "huge problem for the eurozone". Stocks will tumble everywhere and precious metals to the moon Alice. They have already increased efficiencies. Contractions in order with increased frequency and duration. Distracted with internal events they will be less able to carry euro zone. Delivery will hopefully go well but could be ugly. They may have to spank it to see which end cries to find its mouth. |
| Posted by: Dale 2011-08-18 07:32 |
| #3 A different commentator in the Telegraph: Yet it doesnÂ’t take a degree in economics to figure out that if everyone is scrimping and saving, there wonÂ’t be any demand in the economy. Not everyone can be a surplus nation, yet this logical impossibility is what German policy seems to be trying to create. |
| Posted by: Anguper Hupomosing9418 2011-08-18 01:04 |
| #2 AEP commented in the Telegraph, regarding Germany & the Euros: There are no innocents in this story. All countries share blame. Germany is a sinner in all kinds of ways, not least because it seems to think it can lock in a permanent structural trade surplus, and then order others to stop running deficits. Hmm. Sounds like another country much in the news lately. |
| Posted by: Anguper Hupomosing9418 2011-08-18 00:59 |
| #1 Perhaps the Germans are running low on customers who can buy what they produce. |
| Posted by: Anguper Hupomosing9418 2011-08-18 00:42 |