The health of Europe largest economy as Germany teeters on the edge of a recession
A decline in exports dampened the German economy, which shrunk by 0.1 percent in the second quarter of 2019.
The health of Europe Opens a New Window. 's largest economy is in trouble as Germany Opens a New Window. teeters on the edge of a recession Opens a New Window. .
A decline in exports dampened the German economy, which shrunk by 0.1 percent in the second quarter of 2019.
"Germany is in terrible shape with negative GDP this week and with their expectations looking for another negative GDP in the third quarter, the Germans are going to be forced to open up their pockets and do fiscal stimulus," NatAlliance global fixed income head Andy Brenner told FOX Business' Liz Claman on Friday.
Brenner added Europe's lack of control over the trade war Opens a New Window. between the U.S. and China will most likely create a global recession
"I think that Europe is going to have a lot of hurt, and I don't see a solution in the near term," he said.
Seoul, what do you think?
Good plan
Quote from: "Fashionista"
I posted about this is the Money Sense thread. This is bad news for Europe.
The German economy is similar to Japan's. It is heavily dependent on exports. Because it is an aged society it has weak domestic demand and people tend to save, not spend. In other words, the opposite of the Canadian economy. If exports slide in Germany or Japan they cannot expect consumers to save the economy.
Quote from: "seoulbro"
Quote from: "Fashionista"
I posted about this is the Money Sense thread. This is bad news for Europe.
The German economy is similar to Japan's. It is heavily dependent on exports. Because it is an aged society it has weak domestic demand and people tend to save, not spend. In other words, the opposite of the Canadian economy. If exports slide in Germany or Japan they cannot expect consumers to save the economy.
I see, thank you Seoul.
ac_smile
Quote from: "seoulbro"
Quote from: "Fashionista"
I posted about this is the Money Sense thread. This is bad news for Europe.
The German economy is similar to Japan's. It is heavily dependent on exports. Because it is an aged society it has weak domestic demand and people tend to save, not spend. In other words, the opposite of the Canadian economy. If exports slide in Germany or Japan they cannot expect consumers to save the economy.
I read Germany is running budgetary surpluses. How does an old country do that?
Quote from: "Herman"
Quote from: "seoulbro"
Quote from: "Fashionista"
I posted about this is the Money Sense thread. This is bad news for Europe.
The German economy is similar to Japan's. It is heavily dependent on exports. Because it is an aged society it has weak domestic demand and people tend to save, not spend. In other words, the opposite of the Canadian economy. If exports slide in Germany or Japan they cannot expect consumers to save the economy.
I read Germany is running budgetary surpluses. How does an old country do that?
They don't need new schools, roads, and other infrastructure.
Quote from: "Gaon"
Quote from: "Herman"
Quote from: "seoulbro"
Quote from: "Fashionista"
I posted about this is the Money Sense thread. This is bad news for Europe.
The German economy is similar to Japan's. It is heavily dependent on exports. Because it is an aged society it has weak domestic demand and people tend to save, not spend. In other words, the opposite of the Canadian economy. If exports slide in Germany or Japan they cannot expect consumers to save the economy.
I read Germany is running budgetary surpluses. How does an old country do that?
They don't need new schools, roads, and other infrastructure.
More people collecting pensions. I would say health care too, but a lot of Germans have private coverage.
Quote from: "Herman"
Quote from: "Gaon"
Quote from: "Herman"
Quote from: "seoulbro"
Quote from: "Fashionista"
I posted about this is the Money Sense thread. This is bad news for Europe.
The German economy is similar to Japan's. It is heavily dependent on exports. Because it is an aged society it has weak domestic demand and people tend to save, not spend. In other words, the opposite of the Canadian economy. If exports slide in Germany or Japan they cannot expect consumers to save the economy.
I read Germany is running budgetary surpluses. How does an old country do that?
They don't need new schools, roads, and other infrastructure.
More people collecting pensions. I would say health care too, but a lot of Germans have private coverage.
It will be all but impossible for provinces not to run budget deficits in the future if we don't reform health care soon.
Quote from: "Fashionista"
Quote from: "Herman"
Quote from: "Gaon"
Quote from: "Herman"
Quote from: "seoulbro"
Quote from: "Fashionista"
I posted about this is the Money Sense thread. This is bad news for Europe.
The German economy is similar to Japan's. It is heavily dependent on exports. Because it is an aged society it has weak domestic demand and people tend to save, not spend. In other words, the opposite of the Canadian economy. If exports slide in Germany or Japan they cannot expect consumers to save the economy.
I read Germany is running budgetary surpluses. How does an old country do that?
They don't need new schools, roads, and other infrastructure.
More people collecting pensions. I would say health care too, but a lot of Germans have private coverage.
It will be all but impossible for provinces not to run budget deficits in the future if we don't reform health care soon.
I am not impressed with Canadian health care.
Quote from: "Gaon"
Quote from: "Fashionista"
Quote from: "Herman"
Quote from: "Gaon"
Quote from: "Herman"
Quote from: "seoulbro"
Quote from: "Fashionista"
I posted about this is the Money Sense thread. This is bad news for Europe.
The German economy is similar to Japan's. It is heavily dependent on exports. Because it is an aged society it has weak domestic demand and people tend to save, not spend. In other words, the opposite of the Canadian economy. If exports slide in Germany or Japan they cannot expect consumers to save the economy.
I read Germany is running budgetary surpluses. How does an old country do that?
They don't need new schools, roads, and other infrastructure.
More people collecting pensions. I would say health care too, but a lot of Germans have private coverage.
It will be all but impossible for provinces not to run budget deficits in the future if we don't reform health care soon.
I am not impressed with Canadian health care.
Taiwan's system is better..
I wonder about Finland's health care delivery?
Odi has never said anything about it.
Quote from: "Gaon"
Quote from: "Fashionista"
Quote from: "Herman"
Quote from: "Gaon"
Quote from: "Herman"
Quote from: "seoulbro"
Quote from: "Fashionista"
I posted about this is the Money Sense thread. This is bad news for Europe.
The German economy is similar to Japan's. It is heavily dependent on exports. Because it is an aged society it has weak domestic demand and people tend to save, not spend. In other words, the opposite of the Canadian economy. If exports slide in Germany or Japan they cannot expect consumers to save the economy.
I read Germany is running budgetary surpluses. How does an old country do that?
They don't need new schools, roads, and other infrastructure.
More people collecting pensions. I would say health care too, but a lot of Germans have private coverage.
It will be all but impossible for provinces not to run budget deficits in the future if we don't reform health care soon.
I am not impressed with Canadian health care.
A hell of a lot of people agree with you.
Speaking of Canadian health care, I know a retired railroader who just got a big bill for the ambulance that came to his house when he had a heart attack.
We have health insurance that is being paid by the taxpayers..
It pretty much covers everything..
But... The hospital system itself is inefficient, unprofessional... As you would expect from a public sector establishment.
There are good nurses and doctors but a big portion of them are just barely able and would have been fired a long time ago if they were working in a private hospital.
Quote from: "Odinson"
It pretty much covers everything..
But... The hospital system itself is inefficient, unprofessional... As you would expect from a public sector establishment.
There are good nurses and doctors but a big portion of them are just barely able and would have been fired a long time ago if they were working in a private hospital.
Our health care system is paid for by the taxpayer too. But, there's still a lot it doesn't cover. And our health care system is unsustainable, so more services are being delisted(not covered).
I read Britain's economy shrank. I don't know if that was for the previous month or quarter.
Quote from: "Herman"
It's a little over two months now until Brexit..
Is Boris Johnson getting cold feet?
In an interview I saw, Nigel Farage implied he is.
Quote from: "Fashionista"
Quote from: "Herman"
It's a little over two months now until Brexit..
Is Boris Johnson getting cold feet?
In an interview I saw, Nigel Farage implied he is.
Will Boris Johnson make to to Halloween as prim minister. He's hanging on by a thread.
Quote from: "Thiel"
Quote from: "Fashionista"
Quote from: "Herman"
It's a little over two months now until Brexit..
Is Boris Johnson getting cold feet?
In an interview I saw, Nigel Farage implied he is.
Will Boris Johnson make to to Halloween as prim minister. He's hanging on by a thread.
It's nice to see you here again Thiel.
ac_smile
The Canadian economy grew at an annualized rate of over 3 per cent in the last quarter. Trudeau deserves the credit. :laugh3:
Quote from: "Velvet"
:MG_216:
Quote from: "Velvet"
:roll:
Quote from: "Velvet"
Trump does. Exports to the US are up.
Quote from: "Herman"
Quote from: "Gaon"
Quote from: "Fashionista"
Quote from: "Herman"
Quote from: "Gaon"
Quote from: "Herman"
Quote from: "seoulbro"
Quote from: "Fashionista"
I posted about this is the Money Sense thread. This is bad news for Europe.
The German economy is similar to Japan's. It is heavily dependent on exports. Because it is an aged society it has weak domestic demand and people tend to save, not spend. In other words, the opposite of the Canadian economy. If exports slide in Germany or Japan they cannot expect consumers to save the economy.
I read Germany is running budgetary surpluses. How does an old country do that?
They don't need new schools, roads, and other infrastructure.
More people collecting pensions. I would say health care too, but a lot of Germans have private coverage.
It will be all but impossible for provinces not to run budget deficits in the future if we don't reform health care soon.
I am not impressed with Canadian health care.
A hell of a lot of people agree with you.
I am not so sure yet. So far so good. In the USA, my American doctors pushed drugs on me while my Canadian doctor took me off of them. I might agree when I am six feet under. I will haunt you all and let you know. :laugh3:
Quote from: "Thiel"
Quote from: "Velvet"
Trump does. Exports to the US are up.
:thumbup:
Quote from: "Thiel"
Quote from: "Fashionista"
Quote from: "Herman"
It's a little over two months now until Brexit..
Is Boris Johnson getting cold feet?
In an interview I saw, Nigel Farage implied he is.
Will Boris Johnson make to to Halloween as prim minister. He's hanging on by a thread.
Well, his politician brother jumped off ship. That's a sign. :laugh3:
Quote from: "@realAzhyaAryola"
Quote from: "Thiel"
Quote from: "Fashionista"
Quote from: "Herman"
It's a little over two months now until Brexit..
Is Boris Johnson getting cold feet?
In an interview I saw, Nigel Farage implied he is.
Will Boris Johnson make to to Halloween as prim minister. He's hanging on by a thread.
Well, his politician brother jumped off ship. That's a sign. :laugh3:
The British people voted for Brexit. British politicians, besides Boris Johnson and Nigel Farage refuse to honour the will of the people.
Quote from: "Herman"
Quote from: "@realAzhyaAryola"
Quote from: "Thiel"
Quote from: "Fashionista"
Quote from: "Herman"
It's a little over two months now until Brexit..
Is Boris Johnson getting cold feet?
In an interview I saw, Nigel Farage implied he is.
Will Boris Johnson make to to Halloween as prim minister. He's hanging on by a thread.
Well, his politician brother jumped off ship. That's a sign. :laugh3:
The British people voted for Brexit. British politicians, besides Boris Johnson and Nigel Farage refuse to honour the will of the people.
I don't support Brexit, but it must happen.