Will German fiscal stimulus be too little, too late?
video The euro area is on the brink of yet another crisis, with Germany likely to enter a technical recession soon, as the export-heavy economy feels the burn of the US-China trade war and of Brexit worries. Although the ECB is preparing another dose of easing, monetary policy is already exhausted, and fiscal policy needs to step up. Sadly, any German stimulus is unlikely to be large and may take long to arrive, so any sustained rebound in the euro seems far away still. Perfect storm Dark clouds are gathering over the European economy once again, but this time may be worse, since the weakness is not just a ... (full story)