Danke, Mario, For All The Free Money! Germany Heading For 3rd Straight Quarter Of No Growth

If the ZEW’s figures are close, and they have been a reasonable approximation for Germany overall, then real GDP growth in Q1 2019 will not have been growth – which would make three straight quarters without any. That’s a very long time for it to have been absent. This may or may not be recession, but that is quite beside the big picture.

 

 

 

 

 

https://davidstockmanscontracorner.com/?p=295738&preview_id=295738&preview_nonce=c49457bcdc&preview=true

David Stockman's Contra Corner is the only place where mainstream delusions and cant about the Warfare State, the Bailout State, Bubble Finance and Beltway Banditry are ripped, refuted and rebuked. Subscribe now to receive David Stockman’s latest posts by email each day as well as his model portfolio, Lee Adler’s Daily Data Dive and David’s personally curated insights and analysis from leading contrarian thinkers.