Economic Sanctions Are Simultaneously Ineffective and Cruel - Global Research
Global ResearchAPR 2023
Germany’s economy is collapsing and, while some German bankers and bureaucrats may try to project confidence in a swift recovery, there's no evidence to suggest that Germany’s economic outlook will improve. German leaders have shown they have no idea how to tackle inflation, and unfortunately, consumers will be bearing the burden of high prices for the foreseeable future.
While it's disappointing to see that Germany’s economy has met the technical definition of a recession, there's no reason to panic. Investments continue to grow, and the European Central Bank will continue its fight against inflation. Poor GDP growth is definitely not a positive, but it’s not the primary concern as Berlin looks to lower prices and increase consumer spending — these actions will bring the entire economy back to normal.