Germany, the backbone of Europe's economy, 'hit a brick wall' in the second quarter

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A decline in German manufacturing will have serious implications for the eurozone economy as a whole.

Factory orders in Germany plunged by 2.2% month-to-month in May, well below the consensus for a 0.2% fall driven by a fall in exports. Germany, Europe's largest economy, wobbled in the last quarter but a recession is unlikely, say economists. If forecasts are correct, a decline in German manufacturing will have serious implications for the eurozone economy as a whole. Read more at Markets Insider. Data coming out of Germany was decent enough, says Pantheon Macroeconomics.

Factory orders in Germany plunged by 2.2% month-to-month in May, well below the consensus for a 0.2% fall driven by a fall in exports. Germany, Europe's largest economy, wobbled in the last quarter but a recession is unlikely, say economists. If forecasts are correct, a decline in German manufacturing will have serious implications for the eurozone economy as a whole. Read more at Markets Insider. Data coming out of Germany was decent enough, says Pantheon Macroeconomics.

 

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There is over 1 million Arabs in Germany...21th century Jews. In a few years...Germany is going to be hitting more than a brick wall!

Ya, look at BMW sharp target to white and blue

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