The economic crisis that became worse in Germany in the
year 2009, has not left deep prints in the biggest economy in Europe, as the
Bundesbank points in its last monthly bulletin, where it assures that the
German recovery has not been interrupted, although
the expansion rhythm can be slower than in the fourth trimester of 2014, when
the German GDP grew 0,7%. The crisis won't have left deep prints in Germany
but if he/she has left them in the whole rest of the euro zona, for that reason
Germany goes stopping and he will end up stopping as all the other ones.
In this sense, in spite of the registered ere deception
of industrial activity, the entity presided over by Jens Weidmann considers
that the recovery process that charged force last year at the end of the, Her
Weidmann has not been interrupted he lacks to "still" say. But this
will happen inexorably and I will tell him because its main market that is to
say the euro area doesn't lift head London, and Finland, they are doubting of
continuing in the UE, this last one that has made yesterday elections, the most
inclined government to the political euro and that it governed up to now it has
lost them, the next one will be Spain the next one May 24.
Of Greece that I will count them, France no longer
knows what to make, the last one you already taste practically it the
government like nationalized Renault. Italy doesn't leave the in operant and
they will eat it the Africans that assault her every day for its feet and that
of Spain this is that he has crime, if they are really believed from Europe
that here the things go better they are taking them the hair, the debt has
already overcome 100% of the GDP, the deficit neither we complete it neither we
can support it more, here in Catalonia one of those the richest community in
Spain has to make it gathers social of milk for the children so imagines you
like other communities will be.
And you say that the Bundesbank trusts in that the
private consumption continues being the main motor of the growth, something
that they suggest the data of sales retailers. "Due to the exceptionally the
consumers' favorable trust, the Bundesbank hopes this situation is prolonged
some time" but east "some time" it sounds to final near. The
Bundesbank my friend has it clear, this one comes below and he knows it because
it has been him helped by you the German government, those that have sunk the
production, the consumption and the happiness of the European society of the
euro, now checked it yourselves if they don't already remedy it, because his
data are tremendous and his projection takes to the economic disaster as to all
they have taken us first.
As consequence of the impact of the German economy in
the evolution of the employment, the public expense in connection with the
labor market has fallen from 4% of the GDP in 2005 to 2,5% in 2014. Also, the
costs of the subsidies for unemployment and of the active politicians of
employment they have also decreased. Last week, the main German institutes of
economic forecast revised to the rise significantly their forecasts for
Germany. I believe that they have read it bad because what I read is that the
German GDP will grow this year 2,1%, while in the group of 2016 he will make it
1,8%. Or I make a mistake or you are calculating a setback of its economy year
to year.
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