The German economy is still weak

The German economy is not doing well.

Global Economy Remains Weak

The world’s largest economies – the United States, China, and the Eurozone – will all grow only moderately, dampening global economic growth.

Global economy faces a difficult winter half-year

The global economy expanded solidly in the second quarter of 2023, but without much momentum. I expect Europe – especially Germany and the United Kingdom – to experience a recession in the winter half-year.

Cookie Consent Banner by Real Cookie Banner