Members banned from this thread: evince and katzgar


Results 1 to 11 of 11

Thread: Germany on brink of recession: Merkel in crisis amid cars, tariffs and Brexit turmoil

  1. #1 | Top
    Join Date
    Apr 2009
    Posts
    108,120
    Thanks
    60,501
    Thanked 35,051 Times in 26,519 Posts
    Groans
    47,393
    Groaned 4,742 Times in 4,521 Posts
    Blog Entries
    61

    Default Germany on brink of recession: Merkel in crisis amid cars, tariffs and Brexit turmoil

    The German economy shrank by 0.1 percent in the second quarter, gross domestic product figures revealed today sending Germany halfway towards recession as Angela Merkel faces economic contraction.

    https://www.express.co.uk/news/world...-eurozone-news

  2. The Following 3 Users Say Thank You to cancel2 2022 For This Post:

    dukkha (08-14-2019), Grokmaster (08-14-2019), Stretch (08-14-2019)

  3. #2 | Top
    Join Date
    Apr 2009
    Posts
    108,120
    Thanks
    60,501
    Thanked 35,051 Times in 26,519 Posts
    Groans
    47,393
    Groaned 4,742 Times in 4,521 Posts
    Blog Entries
    61

    Default

    Not looking good.

  4. #3 | Top
    Join Date
    Dec 2013
    Location
    In my house
    Posts
    21,174
    Thanks
    3,418
    Thanked 7,931 Times in 5,908 Posts
    Groans
    9
    Groaned 444 Times in 424 Posts
    Blog Entries
    4

    Default

    Silliness catching up with them... oh well.
    "Those who vote decide nothing. Those who count the vote decide everything." Joseph Stalin
    The USA has lost WWIV to China with no other weapons but China Virus and some cash to buy democrats.

  5. #4 | Top
    Join Date
    Apr 2019
    Posts
    30,653
    Thanks
    18,236
    Thanked 15,664 Times in 10,713 Posts
    Groans
    202
    Groaned 618 Times in 607 Posts
    Blog Entries
    1

    Default

    Quote Originally Posted by Havana Moon View Post
    The German economy shrank by 0.1 percent in the second quarter, gross domestic product figures revealed today sending Germany halfway towards recession as Angela Merkel faces economic contraction.

    https://www.express.co.uk/news/world...-eurozone-news
    It's "Trump's Fault".
    TRUMP WILL TAKE FORTY STATES...UNLESS THE SAME IDIOTS WHO BROUGHT US THE 2020 DUNCE-O-CRAT IOWA CLUSTERFUCK CONTINUE THEIR SEDITIOUS ACTIVITIES...THEN HE WILL WIN EVEN MORE ..UNLESS THE RED CHINESE AND DNC COLLUDE, USE A PANDEMIC, AND THEN THE DEMOCRATS VIOLATE ARTICLE II OF THE CONSTITUTION, TO FACILLITATE MILLIONS OF ILLEGAL, UNVETTED, MAIL IN BALLOTS IN THE DARK OF NIGHT..


    De Oppresso Liber

  6. The Following User Says Thank You to Grokmaster For This Post:

    Stretch (08-14-2019)

  7. #5 | Top
    Join Date
    Jul 2019
    Posts
    28,403
    Thanks
    26,104
    Thanked 11,856 Times in 8,415 Posts
    Groans
    18
    Groaned 2,290 Times in 2,172 Posts
    Blog Entries
    1

    Default

    Economies are linked together, and I can see a chain reaction.

  8. #6 | Top
    Join Date
    Jul 2009
    Posts
    135,392
    Thanks
    13,310
    Thanked 41,003 Times in 32,308 Posts
    Groans
    3,666
    Groaned 2,870 Times in 2,757 Posts
    Blog Entries
    3

    Default

    Quote Originally Posted by Grokmaster View Post
    It's "Trump's Fault".
    obviously......,if he hadn't forced Britain out of the EU it would never have happened......
    Isaiah 6:5
    “Woe to me!” I cried. “I am ruined! For I am a man of unclean lips, and I live among a people of unclean lips, and my eyes have seen the King, the Lord Almighty.”

  9. The Following User Says Thank You to PostmodernProphet For This Post:

    Stretch (08-14-2019)

  10. #7 | Top
    Join Date
    Apr 2009
    Posts
    108,120
    Thanks
    60,501
    Thanked 35,051 Times in 26,519 Posts
    Groans
    47,393
    Groaned 4,742 Times in 4,521 Posts
    Blog Entries
    61

    Default

    Quote Originally Posted by Celticguy View Post
    Silliness catching up with them... oh well.
    They are paying a high price for their intransigence over a UK trade deal.

  11. The Following User Says Thank You to cancel2 2022 For This Post:

    Stretch (08-14-2019)

  12. #8 | Top
    Join Date
    Dec 2013
    Location
    In my house
    Posts
    21,174
    Thanks
    3,418
    Thanked 7,931 Times in 5,908 Posts
    Groans
    9
    Groaned 444 Times in 424 Posts
    Blog Entries
    4

    Default

    Quote Originally Posted by Havana Moon View Post
    They are paying a high price for their intransigence over a UK trade deal.
    Yup and stupidly so as it will kill the EU which they so loved to rule.
    "Those who vote decide nothing. Those who count the vote decide everything." Joseph Stalin
    The USA has lost WWIV to China with no other weapons but China Virus and some cash to buy democrats.

  13. The Following User Says Thank You to Celticguy For This Post:

    cancel2 2022 (08-14-2019)

  14. #9 | Top
    Join Date
    Jul 2017
    Posts
    43,479
    Thanks
    12,574
    Thanked 23,756 Times in 16,563 Posts
    Groans
    249
    Groaned 1,622 Times in 1,532 Posts

    Default

    The Chinese market being under strain is one reason Germany is struggling as in 2018, nearly a quarter of all cars sold in China were German.

    This was more than a third of BMW and Daimler’s total sales, according to ING.

    ING economist Carsten Brzeski said: “It’s not actually the trade conflict that is most concerning but the structural shifts in the Chinese automotive market, which could turn out to be one of the biggest threats in the years ahead.”

    The jobs market is also declining, with just 1,000 jobs created in June - far less than the 44,000 average growth in June.

    Adding to the problem, a number of industrial companies have also cut workers hours recently.

  15. The Following User Says Thank You to dukkha For This Post:

    Stretch (08-14-2019)

  16. #10 | Top
    Join Date
    May 2019
    Posts
    6,560
    Thanks
    40
    Thanked 2,936 Times in 2,054 Posts
    Groans
    852
    Groaned 948 Times in 862 Posts

    Default

    Quote Originally Posted by PostmodernProphet View Post
    obviously......,if he hadn't forced Britain out of the EU it would never have happened......
    Brexit forced Britain out. they had a vote. It has messed the UK up badly.

  17. The Following User Groans At Gonzomin For This Awful Post:

    cancel2 2022 (08-14-2019)

  18. #11 | Top
    Join Date
    Jul 2009
    Posts
    135,392
    Thanks
    13,310
    Thanked 41,003 Times in 32,308 Posts
    Groans
    3,666
    Groaned 2,870 Times in 2,757 Posts
    Blog Entries
    3

    Default

    Quote Originally Posted by Gonzomin View Post
    Brexit forced Britain out. they had a vote. It has messed the UK up badly.
    wait, are you saying there is something that is NOT Trump's fault?.....next thing you know, you'll be voting for him......
    Isaiah 6:5
    “Woe to me!” I cried. “I am ruined! For I am a man of unclean lips, and I live among a people of unclean lips, and my eyes have seen the King, the Lord Almighty.”

  19. The Following User Says Thank You to PostmodernProphet For This Post:

    cancel2 2022 (08-14-2019)

Similar Threads

  1. Brexit CRISIS for Germany: 100,000 jobs face AXE if no deal agreed
    By cancel2 2022 in forum Current Events Forum
    Replies: 0
    Last Post: 02-23-2019, 04:02 AM
  2. Replies: 28
    Last Post: 01-04-2019, 12:15 PM
  3. Merkel caves on car import tariffs
    By cancel2 2022 in forum Current Events Forum
    Replies: 10
    Last Post: 06-20-2018, 01:33 PM
  4. Replies: 0
    Last Post: 09-01-2016, 08:47 AM
  5. APP - California on the Brink: Pension Crisis About to Get Worse
    By RockX in forum Above Plain Politics Forum
    Replies: 1
    Last Post: 06-12-2013, 03:31 PM

Bookmarks

Posting Rules

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •