Would Numbers Lie?

News products can be that way. On the one hand the numbers tell us today that the mood in the German economy has picked up yet again and that German companies are looking ahead to 2015 with renewed confidence.

Positive

At the same time we read how Germany’s National Office for Statistics has determined that one in every five Germans is a victim of poverty.

A contradiction? Not necessarily, I guess. That’s why everybody’s kind of happy sort of around here these days. And that’s why I, for one, believe everything I read.

Die Stimmung in der deutschen Wirtschaft hat sich im Dezember erneut verbessert: Der Ifo-Index legte zum zweiten Mal zu.

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