Last night (Monday), they ran the public forum show on ARD (Channel One, public TV)....Hart Aber Fair.
The topic? The cost of living. Probably one of the more interesting episodes they've done.
So lets start with the business expert who came on....who knows the stock market. She said in a blunt way....there's very likely to be an entire decade of inflation ahead for Germans
The baker who was on the panel? He suggested that bread prices will easily double (some things like cheesebrotchen, have already done that and will probably double again within a year).
The guy with five kids? He's on an extremely budget and there's no thrills or extras left after he fills the tank of his family vehicle....even though he and the wife are pulling in 4,000 Euro a month.
It was an emotional 60-minute forum, and one has to admit that reality has set in....full-blown recession is here, and it'll be around Germany for several years.
No comments:
Post a Comment