Quote from: WillyAp on Today at 02:14:27 PM

Quote from: tyz on March 25, 2024, 06:48:28 PM

Germany is into a recession because of a completely incompetent government with a minister of economic affairs who does not even understand the principles of economic trade. Any country would be in recession with such politicans in charge. Many other European countries like Spain or Italy are growing. Japan is not yet in a recession, too. The US economy is booming. I am wondering why so many people are talking about a recession. There are no sign following the data.

Germany is in recession due to a narrow minded aging population.
You'd be surprised at the narrow mindedness you also find in younger people who are educated by older people.
The school systems in the east and west differ. Most are copied from the west and have thus a problem at hand.

Then countries such as Japan, Italy, Spain or France should not grow either. But they do. The actual reasons of stagnating economy is due to a completely incompetent economic policy and energy policy that is paralyzing small and medium-sized businesses and causing large companies to relocate and doing investments abroad.