CNBCのインスタグラム(cnbc) - 8月15日 20時05分
A German recession could mean trouble for many, many countries.
And according to recent data, Germany’s economy is shrinking.
The country’s GDP shrank by 0.1% in the second quarter, marking the end of a decade of expansion.
Though experts say the slowdown is not particularly new, recent developments indicate “the resilience of the domestic economy to eternal shocks is crumbling.”
And they say the country is now in need of stimulus — or a recession could be on the way.
For more on what is causing Germany’s economy to shrink, visit the link in bio.
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jcpropertiesllc
It shrank by a tenth of a percent ... but sure @cnbc “crumbling” sounds much better. News is supposed to be factual not “War of The Worlds / Orwellian” style. Once again you have created wonderful headlines from the fiction section of our imaginations. After a decade of expansion it still is higher than previous years, so a FACTUAL / TRUTHFUL headline would be “Germany’s GDP Shrinks” is a news headline - you are crying wolf. Get your credit back. Start reporting facts. Put a real journalist in charge of CNBC’s Instagram account (if they still exist) but unfortunately I think the “Journalistic Rex” is found only in museums now... A thing of the past.
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bleedingedgemusic
I would not count German economic resilience out! They have over 100 different ways to say,' win at all costs' in German and zero phrases for accepting failure.
sladesizelove
If Germany was headed toward a recession we would see their currency double and triple.... uncontrollable climbing higher! But we don’t see this at all
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