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It Starts—Germany Probably Just Slide Into Recession

Summary:
Germany may be in recession, economists said, after they trawled through an unexpectedly horrible set of industrial and manufacturing data published on Wednesday’s from the world’s fourth-largest economy. German industrial production fell by -1.9% in November. Year over year, production hit a low of -4.6% – the biggest trough since the 2008 crisis. Germany’s exports fell -0.4% month over month in November, the government reported today. https://www.businessinsider.nl/germany-just-went-into-a-recession-2019-1/

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Germany may be in recession, economists said, after they trawled through an unexpectedly horrible set of industrial and manufacturing data published on Wednesday’s from the world’s fourth-largest economy. German industrial production fell by -1.9% in November. Year over year, production hit a low of -4.6% – the biggest trough since the 2008 crisis. Germany’s exports fell -0.4% month over month in November, the government reported today.

https://www.businessinsider.nl/germany-just-went-into-a-recession-2019-1/

David Stockman
David Alan Stockman (born November 10, 1946) is a former businessman and U.S. politician who served as a Republican U.S. Representative from the state of Michigan (1977–1981) and as the Director of the Office of Management and Budget (1981–1985) under President Ronald Reagan.

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