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Re: Germany

By: capt_nemo in ROUND | Recommend this post (0)
Wed, 11 Jan 12 7:49 PM | 51 view(s)
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Msg. 37938 of 45651
(This msg. is a reply to 37933 by Decomposed)

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That's the new norm DE. Conflicting stories within minutes of each other. Their mission at keeping things confusing, that way the truth will never be known. It's all noise........




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Realist - Everybody in America is soft, and hates conflict. The cure for this, both in politics and social life, is the same -- hardihood. Give them raw truth.




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The above is a reply to the following message:
Germany
By: Decomposed
in ROUND
Wed, 11 Jan 12 6:11 PM
Msg. 37933 of 45651

This is REALLY strange. Take a look at the two contrasting stories on Germany that have been published this morning.

Story #2 makes absolutely no mention of Germany being on the brink of recession. It's all "Unicorns and rainbows" - as Riana recently described it on another forum - to the article's author!

Think about what it takes for an economy to grow at a relatively blistering 3 percent for the year but to go negative in the final quarter. Talk about falling off the proverbial cliff!
 

Germany May Be on Brink of Recession
By Jeff Black and Jana Randow - Jan 11, 2012 6:11 AM ET
Bloomberg.com

Germany may be on the brink of recession after the sovereign debt crisis caused the economy to contract in the final quarter of 2011.

Europe’s largest economy shrank “roughly” 0.25 percent in the fourth quarter from the third, the Federal Statistics Office in Wiesbaden said today in an unofficial estimate.


http://www.bloomberg.com/news/2012-01-11/germany-on-brink-of-recession-as-sovereign-debt-crisis-weighs-on-exports.html


-vs-

Germany's GDP clocks in at 3% growth pace for 2011

Jan. 11, 2012, 4:04 a.m. EST

German economy expanded 3% in 2011

by William L. Watts

FRANKFURT (MarketWatch) -- Germany's gross domestic product grew by 3% in 2011, with most of the expansion occurring in the first half of the year, the federal statistics office, Destatis, reported Wednesday.

http://www.marketwatch.com/story/german-economy-expanded-3-in-2011-2012-01-11?dist=beforebell


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