N-TV did a great German business update segment today...would recommend it.
Economic experts are now saying that the GDP is shrink....by 6.5 percent at the end of 2020.
Their talk says around mid-summer of 2021....things will start toward a recovery stage. The anticipated recovery? Near 5-percent growth over 2020's GDP.
Unemployment rate? We are apparently nowhere near the peak, and this rate will continue to rise for all of 2020, with a retreat only seen in the mid-section of 2021 (if you follow their statement).
Affecting the 2021 national election? No one talks about that.
No one in 2019 anticipated the economy would be a big deal for the 2021 election, and this really changes the chatter and politics angle. The odds of the Green Party guy....Habeck....being a central part of the election? Zero chance, if the economy continues like this.
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