German Economy Stagnation Worsening, IFO President Says

Germany’s business outlook held at its lowest level since February this year. The Ifo institute’s expectations gauge dipped to 86.8 in August from a revised 87 the previous month, beating the 85.8 seen by analysts in a Bloomberg poll. A barometer of current conditions also declined. Speaking to Guy Johnson on Bloomberg TV, Ifo President Clemens Fuest says corporate investment weakness is continuing, and so is economic stagnation in the country.
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[ssuwandi]

So the migrant import seems pretty useless

[MrRenosingh]

Without cheap Russian Energy - there is no profitability for German Manufacturing. Buying expensive natural gas from the US is not a long term sustainable solution for the German industry….

[DP-rrkp]

How about buying cheap Russian gas again to make it profitable for German industries.

[YaoiMastah]

Germany has long been regarded as 'the sick man of Europe'. Chancellor Schröder turned that around (among which by cutting back on social security, introducing 'mini jobs', and opening up for foreign investors/hostile takeovers.. famously saying "if China can be the workshop of the world, let us be the workshop of Europe", I'm sure he meant workshop and not sweatshop). But from a Dutch perspective, Germany always has been the giant on feet of clay. The problem was: it wouldn't take much for Germany to fall back into the 'sick man of Europe' it was, around the turn of a century. Things like a continental European war would do that. And unlike the entrepeneural Dutch or the resilient French, the Germans seem to lack the ability to turn challenges into opportunities in time before those challenges become problems.

[goldcobraarima]

No shit Sherlock Look at our politicians

[ronnieriveros]

manufacturing.. interesting
without cheap energy..there is no manufacturing..
wonder what happen there.
hahaha

[revivecoasttocoastmusicpro]

Germany keep supply weapons to Ukraine 😁😁

[martinjrtremblay]

With China market down, what do you expect. Most of their growth was dependent on exports to China

[diamandidimitrov]

АМЕРИКА ИСТОРИИ
ПЛАНОВЕТЕ СА МНОГО
КРИК ОТ ГЕРБ
СТАТИСТИКИТЕ ГИ ЗНАЕТЕ
ГЕРМАНИЯ НЯМА ПРОБЛЕМИ
ПРИ ИНЖИНЕРСТВОТО

ВЪПРОС НА ЖЕЛАНИЕ
КОЙТО ИСКА ЩЕ СЕ НАУЧИ
ИНЖИНЕРНО ДА МИСЛИ

[micaeloliveira]

Only rich people have money problems 😂😂😂good luck Germany start spending

[urimtefiki]

Imagine the country with the highest creativity in the world is in stagnation.

[themacosgamerboi]

Just try to stop being too dependant on trade with the chinese and increase trade with the EU and that would work out.

[johnstevens]

Remember when the German UN deligation laughed at Trump when he said they were way too dependent on Russian energy?
LOL

[MrKenng]

Let's hope that economic indicators released this week will all come in worse than expected. Let's hope that world's economy will worsen rapidly. Thank you.

[bogdar]

Time for a fully united Europe without Bruxelles bs, shifting towards meritocracy and productivity, not on work life balance and shit like that.

[ArminsBralitis]

SK., bet par to laiku neatraujieties no ES kolektīva un mēģiniet ES ieraudzīt savu mērķi kopīgam ceļam. Sadarbojoties biežāk ar citām ES valstīm. Skaidrāks mērķis un labāki investori, es ar ES.