Friday, September 20, 2019

Talking Over GDP

I often essay a good bit over German economic growth and trends.  One of the more interesting trends that exists and says a good bit about German 'stability' and public happiness.....is the GDP trends since the 1970s. 

You can count almost twenty years since 1970 where the GDP trend was 4-percent or more. 

Since the summer of 2010?  That's another of the better numbers to bring up....with Germany being on the plus-side of zero or more on GDP growth for that period.  Naturally, I'll admit the 2008-2009 period was a crappy period, and bouncing around minus-six to minus-eight percent on GDP. 

Right now for 2019?  The numbers are still in the positive trend.....with 1.1-percent through late summer.  The predictions of analysts for 2020?  There are still a handful who think the recession chatter will correct itself if BREXIT is settled in some happy way, with 2020 GDP talk suggesting as high as 1.5-percent. 

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