The pendulum swings both ways. Talking hawkish is not raising rates.
Between a rock and a hard place. Raising can destroy the economy.
Between a rock and a hard place. Raising can destroy the economy.
DislikedNotice how small agriculture is. So if your not growing much agriculture. Your importing it. Agriculture is something inflation readily easily hits. Raising prices on EZ, German exports could easily shave points off that 2.5% GDP. It seems very complicated to me. The U.S. has inflation also. But oil actually helps the u.s, comparably. The U.S. has more jobs than people to fill them. That German industrial production may suffer with a higher Euro. Its cheaper for BMW to hire more U.S. workers. And close Some German lines. I'm just saying. That's what business does. I dont hear the Tennis players wanting to be paid in Euros anymore. Like in 2007 things change. Europe better advance its EV and solar production. https://tradingeconomics.com/germany/gdp-growth The German economy expanded 1.7% on quarter in Q3 2021, slightly below 1.8% in the preliminary estimate and an upwardly revised 2% in the previous period, final figures showed. Household expenditure jumped 6.2% and was the only driver of growth while government reduced its consumption by 2.2% and gross fixed capital formation fell for a second quarter, mainly machinery and equipment (-3.7%) and construction (-2.3%). Exports of goods and services were down 1% and imports decreased 0.6% as more services were imported than in the previous quarter. Year-on-year, the economy advanced 2.5%, matching preliminary estimates. {image} {image} {image}Ignored
those who can, do. those who cant, talk about those who can
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