Tag Archives: Economy

War damaging German economy almost as much as Germany is

March 8, 2026 By in Habitudes, Hard Facts, Helplessness, Home Cooking Tags: , , , , , , Leave a comment

And that’s saying a lot.

Energy bottleneck in Middle East is damaging German economy – Expensive energy, rising prices and disrupted supply chains are all bad news for economic growth. The German government is alarmed by events in the Middle East.

When the US and Israel attacked Iran, the response was not long in coming. Iran is no longer allowing ships to pass through its coastal waters. The Strait of Hormuz, the bottleneck in the Persian Gulf through which 20% of the global oil trade passes every day, is now effectively blocked.

After the attack, the price of oil immediately rose sharply. Prices for gasoline and diesel also skyrocketed at German gas stations. Depending on the region, premium gasoline even went as high €2.50 ($2.89) per liter. The average price for diesel is currently just over €2, which is €0.30 higher than before the attack on Iran.

Rebound?

February 25, 2026 By in Hard Facts, Heconomy, Helplessness, Hideology, Hurt Feelings Tags: , , , , , , Leave a comment

More like a dead cat bounce.

German Economy Grows by 0.3% in Q4, Stats Office Says – The German ​economy ‌grew ‌by ⁠0.3% in ⁠the fourth quarter ​of ​2025 compared ⁠with ⁠the ⁠previous quarter, the ​statistics ​office ⁠said ⁠on Wednesday, confirming its ⁠preliminary reading.

Meanwhile… German auto exports to China plunged by a third in 2025, economic institute says.

German of the day: Insolvenz

December 19, 2025 By in Hard Facts, Heconomy, Helplessness, Hideology, Home Cooking Tags: , , , , , , Leave a comment

That means bankruptcy.

German business bankruptcies hit decade high amid downturn – Business bankruptcies have climbed to an 11-year high, with small firms hardest hit by Germany’s anemic growth. Economists warn of job losses but see tentative signs that the insolvency wave may be leveling off.

Don’t worry, in other words. Once everybody has gone bankrupt the bankruptcies will stop.

Germany to finally bow to the United States’ wishes

December 10, 2025 By in Hard Facts, Helplessness, Home Cooking Tags: , , , , , , , Leave a comment

And become less dependent on the United States.

Germany’s Merz: Europe must become less dependent on United States – German Chancellor Friedrich Merz on Tuesday rejected a blistering attack on European democracies by the Trump administration, which issued a strategy paper last week declaring that the continent faced “civilizational erasure.”

The U.S. National Security Strategy, made public last week, caused shock across Europe, with a broadside that accused European governments of “subversion of democratic processes” and said U.S. policy should include “cultivating resistance” within the European Union.

German of the day: Freier Fall

December 4, 2025 By in Hard Facts, Helplessness, Hideology, Home Cooking Tags: , , , , Leave a comment

That means free fall.

The Federation of German Industries (BDI) believes that Germany’s economy is in “free fall.” German industry is currently facing a dramatic low point, BDI President Peter Leibinger told the news agency dpa. “The economy is in its worst crisis since the Federal Republic was founded, but the federal government is not responding decisively enough.”

A new industry report expects industrial production to decline by two percent this year. This would be the fourth consecutive year of decline. “This is not a temporary dip, but a structural decline,” Leibinger said. German industry is continuously losing ground.

Germans feel less gloomy?

September 25, 2025 By in Hard Facts, Helplessness, Hideology, Home Cooking Tags: , , , , , , Leave a comment

Despite economic clouds?

Depends on who you ask. And how you look at it. My experience has been that Germans are the happiest when they’re the gloomiest.

Germans Feel a Little Less Gloomy Despite Economic Clouds – The pickup in consumer mood contrasts with a worsening outlook among German business.

Growth driver now just backseat driver…

September 20, 2025 By in Hard Facts, Heconomy, Helplessness Tags: , , , , , , , Leave a comment

Who doesn’t know what he’s driving at.

Germany was billed as Europe’s growth driver. Now economists are saying: Not so fast – Huge investment pledges and major fiscal changes had bolstered hopes that Germany could give the euro zone economy a much-needed boost, but economists are starting to question if — and when — that will happen.

“The actual spending is slower than many of the more excitable pundits had expected. In Germany, it takes time to spend money.”