Germany's Crisis is Spreading to the Rest of the World
Germany's economy is doing something we've never seen before. Not only did it contract for the second straight year, that's not even the most amazing part. The general pattern it is taking is one that is being repeated all around the world. It's as if the entire global economy stopped growing. Eurodollar University's Money & Macro AnalysisBloomberg German Economy Shrinks for Second Year in New Blow to Scholzhttps://www.bloomberg.com/news/articles/2025-01-15/german-economy-shrinks-for-second-straight-year-before-electionIFO Press Release Germany: Europe's largest economy is facing a third consecutive year of recessionhttps://www.ifo.de/en/press-release/2024-12-19/headcount-reduction-germany-more-likely-december-2024Sky News https://news.sky.com/story/germany-europes-largest-economy-is-facing-a-third-consecutive-year-of-recession-13289549Bloomberg ECB Will Keep Easing With Economy Losing Momentum, Guindos Sayshttps://www.bloomberg.com/news/articles/2025-01-15/ecb-will-keep-easing-with-economy-losing-momentum-guindos-sayshttps://www.eurodollar.universityTwitter: https://twitter.com/JeffSnider_EDU