The biggest economy in the euro area, Germany’s, is in a bad way. And its ills are a main cause of the euro’s own weakness. (a throwback to 1999)
The biggest economy in the euro area, Germany’s, is in a bad way. And its ills are a main cause of the euro’s own weakness. (a throwback to 1999)
The biggest economy in the euro area, Germany’s, is in a bad way. And its ills are a main cause of the euro’s own weakness
This article is from 1999. So just 24 years too late.
A lot of the predictions the article makes are now coming true.
What predictions? They're making predictions about the next year... in 1999, and not many specific ones either, just saying prospects are bleak. I don't see any predictions about the 2020s.
In fact, German GDP has nearly tripled since this was written. The only months of no growth were during 2008 and COVID and Germany outperformed all its neighbors. They didn't predict any of the conditions for either of those crises.