German Of The Day: Tiefer Fall

That means a steep fall. Very steep in this case. Really, really, really steep already.

Fall

You would have to back in history some ninety years to find a comparable peacetime decline in German economic activity.

But why would anybody want to do that?

Germany’s Economic Slump Shows Scale of Europe’s Challenge – The 10.1% drop in output in the region’s largest economy is a harbinger of worse figures elsewhere. Spain, France and Italy will probably report even deeper contractions on Friday, reflecting a recession that prompted an unprecedented policy response from governments.

Man wird in der Geschichte bis zur Weltwirtschaftskrise vor rund neunzig Jahren zurückgehen müssen, um in Friedenszeiten einen vergleichbaren Sturz der wirtschaftlichen Tätigkeit in Deutschland zu entdecken.