posted
Now reading this article is either scaremongering or its another warning of things to come. We have been having these warnings for some time and each one comes true that I have seen so far.
You would think that the worst to be hit have been hit already, but maybe cash reserves some companies had for a rainy day are dried up now.
Article is about Germany's economy just hitting the tank. They say Europes recession is the worst since WWII.
Now if they say Germany's economy shrank 3.8% first quarter. If it stays on that pace alone we are looking at over 15% shrinkage in 1 year. Isnt that a little...oh too fast? If they say its only going to get worse then wouldnt that be a good indicator that it could move higher even more?
-------------------- It isn't so much that liberals are ignorant. It's just that they know so many things that aren't so.
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