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German government believes Trump would ravage U.S. economy: Spiegel
Reuters ^ | Sat Oct 1, 2016 | 7:46am EDT | Caroline Copley

Posted on 10/01/2016 3:38:02 PM PDT by Olog-hai

Germany’s economy ministry believes a Donald Trump presidency would severely damage the U.S. economy, according to an internal memorandum reported by Der Spiegel magazine on Saturday.

The ministry expects “shrinking gross domestic product, fewer jobs and higher unemployment,” in the United States if the Republican candidate were to implement his campaign pledges, the magazine cited the memo as saying. […]

Trump’s pledges are “not feasible”, Spiegel cited the memorandum as saying. Moreover, the plans would violate international or U.S. law and could be “no basis for a realistic economic policy.” …

(Excerpt) Read more at reuters.com ...


TOPICS: Business/Economy; Foreign Affairs; Germany; Politics/Elections
KEYWORDS: eurobanking; eussr; socialmarketeconomy; trump
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Sure, just like Brexit would instantly decimate the UK, right?
1 posted on 10/01/2016 3:38:02 PM PDT by Olog-hai
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To: Olog-hai
German government believes Trump would ravage U.S. economy: Spiegel

Well they are currently being led by an idiot, so this claim doesn't count for much.

2 posted on 10/01/2016 3:39:32 PM PDT by DiogenesLamp ("of parents owing allegiance to no other sovereignty.")
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To: Olog-hai

The German government who invited millions of military-age Muslims to relocate to their country permanently? That government?


3 posted on 10/01/2016 3:40:47 PM PDT by 2ndDivisionVet (You cannot invade the mainland US. There'd be a rifle behind every blade of grass.)
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To: Olog-hai

Because being Merkeled with Millions of Muslims has worked out so well for Germany - right?


4 posted on 10/01/2016 3:41:22 PM PDT by MarchonDC09122009 (When is our next march on DC? When have we had enough?)
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To: Olog-hai

Yeah, Reagan’s economy was a real bummer too. /s


5 posted on 10/01/2016 3:41:24 PM PDT by Jim Robinson (Resistance to tyrants is obedience to God!)
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To: Olog-hai

What’s more certain is that Merkel’s immigration stupidity will ravage the women and economy of Germany in the decades to come.


6 posted on 10/01/2016 3:42:13 PM PDT by profit_guy
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To: Olog-hai

Reuters and a Marxist/socialist team up...........wow!


7 posted on 10/01/2016 3:42:17 PM PDT by Cen-Tejas (it's the debt bomb stupid)
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To: DiogenesLamp
President Trump WILL experience some financial shake-up ... but no more than what has already been predicted in the last 5 or 6 years about the FED, the bubble and we're ALL going to have to pay someday.
8 posted on 10/01/2016 3:42:28 PM PDT by knarf (I SAY THINGS THAT ARE TRUE ... I HAVE NO PROOF, BUT THEY'RE TRUE ... AND IT PISSES PEOPLE OFF.)
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To: Olog-hai

The only thing that would be worse for our economy than Obama would be Hillary.
Trump will be the next Ronald Reagan.


9 posted on 10/01/2016 3:43:06 PM PDT by BuffaloJack (Own a rifle. Be an American.)
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To: DiogenesLamp

The krauts are bitching about Trump yet they have massive problems of their own. It’s like my genius neighbor who recently gave me a lecture about drinking soda during lunch when he’s a chain smoker who lights up a pack a day.


10 posted on 10/01/2016 3:44:00 PM PDT by max americana (fired every liberal in our company at every election cycle..and laughed at their faces (true story))
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To: Cen-Tejas

we barely get 1 percent now..Obama has already ravaged it. this comes from a German economy totally dependent on corrupt Deutsche Bank


11 posted on 10/01/2016 3:44:03 PM PDT by ground_fog ( My God this was from today!)
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To: Olog-hai

Germany’s economy is export driven, and they view national economies with a bias toward export. The US economy imports far more than it exports.


12 posted on 10/01/2016 3:45:47 PM PDT by RegulatorCountry
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To: Olog-hai

To socialists, tax cuts always are devastating.


13 posted on 10/01/2016 3:47:35 PM PDT by Scott from the Left Coast (I'm deplorable)
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To: Olog-hai

Yeah like Europe is already doing it and is scared Trump will trump them.


14 posted on 10/01/2016 3:47:35 PM PDT by SkyDancer ("They Say That Nobody's Perfect But Yet Here I Am")
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To: Olog-hai

Krauts need to butt out of our elections. None of their business.


15 posted on 10/01/2016 3:48:07 PM PDT by dforest
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To: Olog-hai

These are the same people who have kept Angela Merkel at the helm for years and years. The phrase “We Can Do It” has grown thin and trite.


16 posted on 10/01/2016 3:48:19 PM PDT by lee martell
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To: Olog-hai

German citizens are beating up German mayors,
so what gives the German (Islamic terrorist) government
any credibility?


17 posted on 10/01/2016 3:48:33 PM PDT by Diogenesis ("When a crime is unpunished, the world is unbalanced.")
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To: DiogenesLamp

The U.S. economy has already been ravaged for the past 100 years.


18 posted on 10/01/2016 3:51:23 PM PDT by TheNext (Hillary Hurts Children & Women)
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To: lee martell; MinuteGal

Yeah, the Germans are saying how Trump will destroy the U.S. economy while their major financial institution, Deutsch Bank, is about to go belly up.


19 posted on 10/01/2016 3:52:07 PM PDT by flaglady47 (TRUMP ROCKS!)
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To: Olog-hai

Yeah, and they were so right about the Mad Cowboy Reagan and the Lightbringer Obama. Their beliefs are worth nothing.


20 posted on 10/01/2016 3:52:19 PM PDT by Paine in the Neck ( Socialism consumes EVERYTHING!)
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