https://www.google.com/search?source...10.raU12l3coo4
https://www.theguardian.com/business...on-its-germany
[IMG]News that German industrial production fell by 1.9% in November came as a nasty shock. The stock response to the contraction in the third quarter was that it was due to the tightening up of European vehicle emission standards which led to one-off problems for its carmakers that would quickly be overcome.[/IMG]
https://www.cnbc.com/2019/01/08/germ...recession.html
Quote:
Another set of dismal industrial data from Germany has raised concerns over Germany’s economy.
German industrial production declined 1.9 percent month-on-month in November, coming in way below a consensus for growth of 0.3 percent.
Germany’s statistics office publishes preliminary GDP data for the fourth quarter and 2018 next week.
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Another good reason to leave the EU. For an economy like the UK to tie itself to others is bad. To tie itself politically to others is madness. Because one good economy can adjust itself faster and better to suit itself than 29 of mixed abilities all looking out for themselves.
Would Germany be better off on it's own? Why not. It's still a great economy, great manufacturing, great people. But tied to place like Greece, Bulgaria, Cyprus, etc it will struggle because or the way the EU is run, votes and shares out the strong countries money.