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Wednesday, January 9, 2019

After a Decade of Monetary Stimulus, Germany on Cusp of Recession

Germany appears to be on the cusp of a technical recession. Production in Germany fell by 1.9% in November. Analysts had expected a 0.3% gain. The German statistical agency Destatis also revised October to a 0.8% decline. It was the third straight month of declines. As WolfStreet put it, “This is embarrassing in the land […]

from SchiffGold.com http://bit.ly/2FhKPj0