Posted on 01/26/2018 12:32:36 AM PST by Berlin_Freeper
German companies and consumers are starting the new year brimming with confidence, two key surveys found Thursday, signalling that Europe's purring top economy is unfazed by Berlin's slow path to a new government.
German business morale in January recovered from last month's dip to climb back to the same record-high level seen in November, the Ifo economic institute said, surpassing analyst expectations.
At the same time, a forward-looking survey by market research GfK forecast that consumer confidence has risen to its highest level since 2001, buoyed by record-low unemployment and expectations of wage hikes.
"At the beginning of the new year, it's all hunky-dory in the German economy," said economist Carsten Brzeski of ING Diba bank.
The latest readings send "a strong signal that the current political impasse in Berlin has no impact on the economy at all," he added.
(Excerpt) Read more at expatica.com ...
I feel that God only knows the hearts of the German people and whether their country has truly healed from the wounds of its past. All things are redeemable in Christ.
That being said, America has a lot to do with Germany’s success and continued stablity — from the Marshall Plan to NATO security onward.
I think President Trump is going to have a good speech today in Davos. Clarifying that America First is not America Alone.
I am an old school globalist, Americana globalist. It’s a bit crazy to me when the world’s only super power is not seeking to sit at top and run the global agenda. Like you say there are clear benefits for everyone.
If a portion of the world is not complaining about Mickey Mouse, we are doing it wrong.
I guess finding out that Muhamed is fast becoming the most popular name there put them in a “party mood”?!
They were the same way toward the end of “The Bunker”.
It’s like 1995 to 2000 here. Clinton was president and the Republicans were in charge of Congress so nothing much got done in Washington (other than Bill himself) and the economy boomed.
2017 : U.S. trade in goods with Iran
https://www.census.gov/foreign-trade/balance/c5070.html
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