The economies of France and Italy shrank in the fourth quarter of 2019. There is stagnation in Europe. Negative signals are also coming from the Far East. The German auto manufacture, which is the backbone of the German export-economic model built upon the old mercantilist system (selling goods to other people) is also in a bearish position. Production of cars, the …………………..
The Economic Confidence Model & the European Economy
Manchmal frage ich mich, ob die Welt von klugen Menschen regiert wird, die uns zum Narren halten, oder von Schwachköpfen, die es ernst meinen.
— Mark Twain