Hard to take the Economist serious when the economy is doing just as good as last year, or the year before.
Yes, there is a long overdue structural adjustment ongoing that is hampering additional growth, but all in all the German economy is doing well. A +/- 0.x % growth is not going from “bad to worse” at all.
While I agree that a stimulus package in selected industries would be good, overall GDP growth is a very poor way of measuring economic health. Even the OP article admits as much by showing that it is only a very selected number of “energy intensive industries” that is pulling the otherwise not badly performing economy to near zero growth levels.
Hard to take the Economist serious when the economy is doing just as good as last year, or the year before.
Yes, there is a long overdue structural adjustment ongoing that is hampering additional growth, but all in all the German economy is doing well. A +/- 0.x % growth is not going from “bad to worse” at all.
deleted by creator
While I agree that a stimulus package in selected industries would be good, overall GDP growth is a very poor way of measuring economic health. Even the OP article admits as much by showing that it is only a very selected number of “energy intensive industries” that is pulling the otherwise not badly performing economy to near zero growth levels.
Edit: not sure why you deleted your comment…