Germany's Mittelstand Is Collapsing
(unherd.com)
Sometimes it is hard to know who to believe during a crisis. Optimists in Germany might take solace in a recent Bloomberg report announcing that “the country’s economic downturn may be ending”. Unfortunately, the word “may” is carrying a lot of weight here.
Sometimes it is hard to know who to believe during a crisis. Optimists in Germany might take solace in a recent Bloomberg report announcing that “the country’s economic downturn may be ending”. Unfortunately, the word “may” is carrying a lot of weight here.