Economics
Germany’s (not so) V-Recovery – November 2020: employment slightly down on the previous month
Despite furlough scheme, hundreds of billions in subventions (mostly for zombie corporations), and other tricks – then this Read here
DeStatis
Uncategorized
Ms Merkels inexorable not so V-Recovery
Production in September 2020: +1.6% on the previous month – still 8% below pre-crisis level. And wasn’t there a lockdown or something soon after? An Odd V otherwise known in German as “Ein Merkel V” […]
Economics
Ms Merkel’s Breathtaking Economic V-Recovery – Corona crisis has hit the German restaurant industry hard: turnover in March to August 2020 was down 40.5% from the same period a year earlier
The number of persons employed dropped by 17.6% in March to August 2020 from the same period a year earlier Bars and pubs are substantially affected: turnover decreased by 45.5% over the same period, the […]
Economics
Ms Merkel’s shrewd programme for a depression
Let people’s incomes fall so that they spend less. Just give money to international corporations so that they can buy back their shares, pay dividends and boni, and make donations to political parties and provide […]
Economics
Ms Merkels Magnificent V-Recovery – Germany: Production in August 2020: -0,2 % compared to previous month
While German media is hailing their nation’s V-Recovery and the greatest chancellor of all time, the statistics tell a different story. Read here If you are having difficulties accessing the link, use this: https://www.destatis.de/EN/Press/2020/10/PE20_391_421.html
EU politics
Ms Merkel’s Incredible V-Recovery: Germany still has half a million less people in work than before the crisis
Employment is stagnant in Germany, with half a million less employed. Do not forget, Germany has round six million furloughed workers, not to mention an enormous self-employed grey zone, which is not discernable these into […]
Economics
Ms Merkel’s Marvelous V-Recovery – German Development of turnover in August 2020: -1.3% on the previous month
Turnover in the non-financial business economy in Germany was down slightly in August 2020 compared with July 2020 Read here
Economics
Ms Merkel’s V-Recovery: DeStatis – New orders in main construction industry in July 2020: -5.6% seasonally adjusted on the previous month
New orders in main construction industry, July 2020 -5.6% on the previous month (in real terms, seasonally and calendar adjusted) -4.9% on the same month a year earlier (in real terms, calendar adjusted) -2.5% on […]
Economics
DeStatis – Germany: Decline in real earnings greater than in Great Financial Crisis
If this is a V-Recovery, it is obviously for the 1% Read here