The Recession Is Going to Be Ugly

The Recession Is Going to Be Ugly

On Thursday the official news came that Germany has gone into a recession. The goverment is scrambling to revive the economy with a stimulus package, but most German newspapers on Friday remain unimpressed.

After a few years of relative good news on the economic front, Germany has returned to the bad old days of doom and gloom. And the depressing news seems to be rolling in on a daily basis. more

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