Oh boy, another German angst study just came out. But nobody is brave enough to read it yet so I’ll have to give you a quick summary instead.

There is a certain logic to these studies, by the way. There always is, although it may not seem all that logical to you or to me.

For instance, after having patted themselves on the back over the past few weeks about how great the German economy is doing, it only stands to reason (here) that the latest number one German angst has to do with just that; the economy. Some 67 percent of Germans asked are shaking in their boots about it – and worry about the climbing cost of living at the same time. A mere 61 percent of those asked worry about becoming unemployed.

But it’s only going to get more frightening, folks. A group of economic experts has just revised their growth prediction for the Germany economy this year upwards fron 2.1 to 3.4 percent. Boo!

Wie andere Experten haben die Kieler ihre Schätzung für 2010 deutlich erhöht. Bisher hatten sie für 2010 nur 2,1 Prozent Wachstum veranschlagt, nun erwarten sie ein Plus von 3,4 Prozent.