If you look at the chart, you will discover that in the 4th quarter of 2019 German GDP was at about the same level as in the 4th quarter 2025 – and in that quarter the GDP had made one of the greatest leaps in years: 0.3%.
Climate Crisis
MIT: How rising groundwater caused by climate change could devastate coastal communities
Higher sea levels will push the water table up with them, causing flooding, contamination, and all manner of unseen chaos. Read here
Austerity
Bill Mitchell – As you were Greece – remain in permanent depression – commitments are commitments!
Depressing reading, but as you would expect of Bill Mitchell, well documented. Read here
EU politics
Kathimerini – Greece: The long-run demographic consequences of the economic crisis
The Greek crisis imposed by the Troika, but before all by Germany, has not only decimated the economy, but also the population, as Bob Traa explains in this article. A smaller population means a smaller economy, […]
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