German economy feels austerity effects

The effects of QE and the forced EU austerity measures on the German economy.

German-GDP-2008-2013

Take the 0.1% growth for Q1 as a pro-Merkel spin and since hope about China’s continued imports from Germany runs eternal, here is the latest forecast on their GDP (courtesy Bloomberg Briefs’ Michael McDonough)

Michael McDonough

Michael McDonough

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