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Merkel NIGHTMARE: German central
bank SLASHES growth as eurozone
economic rise UNRAVELS

Daily Express [UK], by David Dawkins

Original Article

Posted By:Attercliffe, 6/15/2018 7:28:45 AM

GERMANY´S central bank has slashed its forecast for how fast the eurozone’s largest economy would grow this year and warned of greater “uncertainties” as trade war gloom gathers over Europe. As the German economy continues to falter as global trade war fears mount, the Bundesbank has announced that it expects German GDP growth of 2.0 percent this year, a significant climb-down from the 2.5 percent it forecast in December. Bundesbank President Jens Weidmann has warned that the German Eurozone´s largest economy is back under pressure due to shift in globlal sentiment. He said: "Uncertainties regarding the

Comments:
Of course the Express stretches current goings-on with countries and leaders but there´s almost always at least a grain of truth in the affair.

(With help from Dad I read my first Labour pamphlet and began reading all the British newspapers delivered through the door flap--including names you see today. At the time, Dad was a Labour Councilman in a small colliery village where I was born--in the 11th hour of the 11th day of the 11th month, better known as the end of WWII. Things changed later and Dad voted for Maggie Thatcher as Prime Minister.)

      


Post Reply  

Reply 1 - Posted by: GO3, 6/15/2018 7:56:20 AM     (No. 11664407)

OP, not to quibble with your post, but the 11th hour of the 11th day of the 11th month was the WWI armistice.

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Reply 2 - Posted by: turninggrey, 6/15/2018 7:59:51 AM     (No. 11664411)

Couldn´t it be argued that the end of WWII was the end of WWI? Anyhoo, Mr. Merkel should ask all the Muslims to stop taking welfare and help out their new country.

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.New_S.
  


 
Reply 3 - Posted by: voxpopuli, 6/15/2018 8:01:55 AM     (No. 11664414)

Commies.. what CAN´T they screw up?

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Reply 4 - Posted by: Nimby, 6/15/2018 8:09:31 AM     (No. 11664420)

And they threaten to go to war with us in trade?

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Reply 5 - Posted by: jackburton, 6/15/2018 8:36:02 AM     (No. 11664441)

Gee. You might have a drag or two on your economy.

Windmills. Migrants who stay on welfare...

...and commit crimes.

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Reply 6 - Posted by: Thos Weatherby, 6/15/2018 8:44:13 AM     (No. 11664449)

Let´s see, 2% for you and 4.8% for us. Who´s going to win this trade war?

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Reply 7 - Posted by: Ribald1, 6/15/2018 8:53:46 AM     (No. 11664465)

Nobody wins a trade war.
Some just lose less than others.
We would lose more than anyone else, but we are wealthy enough that we could likely survive it.

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R-TA-Wide_2
  


 
Reply 8 - Posted by: jeffkinnh, 6/15/2018 8:54:56 AM     (No. 11664466)

Meanwhile the Atlanta fed is increasing their prediction to a 4.8% growth rate for the US. This is just the beginning.

The Euros problem is that they are Socialists and they have gotten away with it because the US was a patsy and supported them by taking over the costs of defense and falling over on trade. Even given that, the Euros´ economies are falling apart. Letting in the immigrants in massive numbers has stressed them economically AND culturally on top of that.

Now Trump is telling them it is time for them to grow up and carry their own load. That won´t leave anything for Socialist largess. The US isn´t going to tell them how to run their affairs but is no longer going to underwrite their bad choices.

Trump says, be more fair in trade. This WILL cause them a bit of pain and force them to restructure their economy. Instead, they dig in their heels and go to war, a war they cannot win and that will hurt them far more than us. They think they are dealing with BO who folded in the slightest breeze, erasing red lines as fast as he could draw them.

They are wrong.

Trump is going to keep this up until he wins the principle of fair trade. Korea and American politics should have taught the Euros a lesson; growing, unstoppable, and unendurable pressure will be brought to bear. Trump will be gracious in victory but he WILL win.

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Reply 9 - Posted by: jacksin5, 6/15/2018 9:17:21 AM     (No. 11664504)

Trump made it clear. We are funding European Socialism and Chinese Communism at the expense of our own country. What is so bad about being forced to manufacture our own goods again? It´s "Drill,Baby,Drill" for our own washing machines, refrigerators, and televisions.

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Reply 10 - Posted by: M2, 6/15/2018 9:52:30 AM     (No. 11664562)

#8, well done.

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Reply 11 - Posted by: snowoutlaw, 6/15/2018 10:55:11 AM     (No. 11664626)

Just running out of other people´s money. What trade war? We don´t have to sell them anything but they depend on selling the US everything. Free trade is fair trade which not what we have now.

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Reply 12 - Posted by: Smart11344, 6/15/2018 1:05:19 PM     (No. 11664768)

Cut off her supply of Schnapps. She´s as deranged as Hillary.

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.LockDme.


 

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