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German economy shrinks as 'golden decade' comes to an end
edition.cnn.com ^ | August 14, 2019 | Julia Horowitz

Posted on 08/14/2019 3:52:09 AM PDT by Berlin_Freeper

Germany's economy shrank in the second quarter as global uncertainty and the trade war took a toll on its manufacturers.

GDP for the three months ended June contracted 0.1% compared to the previous quarter, in line with analyst expectations. That's down from 0.4% growth in the first three months of the year.

"Today's GDP report definitely marks the end of a golden decade for the German economy," said Carsten Brzeski, chief economist in Germany at the Dutch bank ING.

The world's fourth largest economy, and Europe's biggest, has been hit by what analysts have described as a "perfect storm" of negative factors.

(Excerpt) Read more at edition.cnn.com ...


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To: wally_bert

Yep, it’s been about 20 years but that engine looks like the one. The valve cover is ringing bells with its unusual contouring. The dash looks the same too with the big speedometer kind of in the middle.


41 posted on 08/14/2019 6:19:43 PM PDT by Yardstick
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To: Yardstick

I plan on reworking my Willys jeep instrument panel and go with the M38 dash.

I’d rather have gauges split out in case of failure.

Maybe tomorrow, I can hit a weld shop to see about getting a few things made.


42 posted on 08/15/2019 4:39:19 PM PDT by wally_bert (Hola. Me llamo Inspector Carlton Lassiter. Me gusta queso.)
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