Ifo economist: German economy facing uncomfortable times

  • Germany on the brink of a recession
  • Uncertainty among companies have increased significantly
  • Recession is knocking at our door
  • It cannot be ruled out if situation continues developing as it is currently

This is not a surprising development by any means if you have been following how things are going in Europe. The only people oblivious to the risks as always, have been central bankers. Or more like the fact that they are just stuck in their own little world.

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