10/12/2012

The German Economy Grinds To A Halt Eurocrats Now Dictate Policy

Find out five reason why the German economy is grinding to a halt during this recession, find out the things that keep Angela Merkel, Mario Draghi, Mervyn King up at night and tap into the intelligence available from the Office for Budget Responsibility, the European Central Bank and ECB Eurozone.



Martin McCauley writes from Frankfurt about recent release of figures from German banks to the public about the Gross Domestic Product, the thing is its less than what is showing in the UK according to the Office for Budget Responsibility But before everyone starts celebrating, a cautionary word.

Forecasting, in the immortal words of Sir Mervyn King, the outgoing Governor of the Bank of England, is a ‘mug’s game’. Despite this cold douche, let’s assume that the financial statisticians are correct.

The European Central Bank (ECB), headed by the ever smiling and ever optimistic Mario Draghi, was obliged the other day to lower its growth forecasts for the whole Eurozone. So what does it all mean for the masses?

German industry In this article find out how the Bundesbank are attempting to turn around Germany, and read a small nostalgic view of the Deutsche Mark in comparison to the euro. Get the public opinion figures and tap in to the up and coming predicted bad news and good news about German economic austerity.

Find out what the  European Union will think depending on the results. Check out news about the Chancellor George Osborne and what he thinks prior to the  budget statement and who he is blaming for austerities failure in Britain.

By reading this article you will be one step closer to having the knowledge to find the buckle to tighten the cord on you pants as the hard times happen.

5 factors the German European Union, banks and the Office For Budge Responsability and policy don't want you to know about the recession

    • European Union
    • Frankfurt Split Shows Euro Banking Union - Bloomberg (bloomberg.com)
    • Eurozone's economic engine forecast, warns of recession (business.financialpost.com)
    • German finance minister compromise on banking union (sfluxe.com)
    • ECB  helping eurozone economy (seattlepi.com)
    • Greek deal puts euro zone recovery room (thehimalayantimes.com)
    • Debt Crisis: Bundesbank cuts German growth (telegraph.co.uk)
    • Eurozone Ministers debate banking supervision (guardian.co.uk)

Have a look at the Angela Merkel’s party and see why and how the economy stutters to a virtual halt and find what Greece, Portugal, Spain are getting from Germany regardless of what happens.

Political composition of the 7th parliament
 Political composition of the
7th parliament (Photo credit: Wikipedia)

Whom does the virtual standstill of the EU economy benefit most? Yes, you’ve guessed it: the Eurocrats in Brussels. German economy grinding to a halt,  dictating policy* find out what the eurocrats are doing to bring Germany back on track. 

Morocco and Spain (NASA, International Space S...
Morocco and Spain (NASA, International
Space Station, 12/31/11) (Photo credit:
NASA's Marshall Space Flight Center)
To find out the five reasons why the German economy is grinding to a halt during this recession, find out the things that keep Angela Merkel, Mario Draghi, Mervyn King up at night and tap into the intelligence available from the Office fro Budget Responsibility, the European Central Bank and ECB Eurozone you will be doing yourself a favour by following the link to Stirring Trouble Internationally*.
http://feedproxy.google.com/~r/StirringTroubleInternationally/~3/SfQpSFWt2m0/ December 10, 2012 at 12:10AM

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