FRANKFURT (BLOOMBERG) - German factory orders slumped in May in the latest sign that global trade uncertainty is turning Europe's temporary slowdown into a more serious downturn.
The economy ministry on Friday (July 5) reported huge declines in export orders and investment goods in May, just days after a survey showed factory activity shrank for a sixth month in June. The continued gloom is increasing concern at the European Central Bank, and a growing number of economists are predicting it will add more monetary stimulus as soon as this month.
While orders data can be volatile, there's little doubt the numbers are disappointing. The 2.2 per cent overall drop on the month was far worse than the 0.2 per cent fall predicted by economists in a Bloomberg survey. The euro weakened, and ING said the report "wraps up a week to forget for the German economy."
and that's a good thing the volk is too comfy, the masses need to suffer first before finding the will to fight
Landon Mitchell
>Most Czech automotive manufacturers How many do they have? Škoda and ?
Isaiah Barnes
>the volk is too comfy, the masses need to suffer first before finding the will to fight You have a country to loose
Hudson Martinez
It's cyclical and will bounce back.
Logan Gonzalez
>How does this work? Like peeing in your pants to keep warm? Refugee spending is like a stimulus package. Every euro goes directly back into your economy immediately, unlike e.g. investments in schools or infrastructure or automation.
Ryan Hughes
>Škoda That's VW, a German brand.
Mason Jones
>will bounce back. Yeah, just need more refugees to compensate
John Foster
this
they receive gibs, the gibs getting pumped straight into the economy (rent, luxury goods, cars etc)
Levi Howard
>most money is sent to their families in africa >selling drugs, paying no taxes >stealing phones, clothing, etc uh oh life is eternal struggle
Parker Garcia
Will this affect Poland
Dylan Brooks
* ?
Aaron Myers
this There won't be any recession. Simply because of the reason because it is talked about so often. The recession will come when everyone forgets a thing like this even exists, when nobody would think it is behind the corner. A recession is likely in USA though, because of exactly this reason (and a number of other ones too). But I'm still not calling the top.
Jonathan Gutierrez
No we are too good at faking economic growth and creating fake money and asset classes to have a recession
Carter Kelly
>Every euro goes directly back into your economy immediately But, that’s your taxes, right? If you just lower taxes - effect will be the same, but good for your native citizens
Daniel Torres
I'm going to go even further and say Europe is on a brink of a mini golden age, lasting 5-10 years. After it ends, we will have our happening. Maybe.
Adrian Sanders
Why not just give money directly to industry?Same thing except there's no niggers to deal with afterwards.
More cars than ever, more migration than ever, they should be shutdown.
Jackson Lewis
It will affect the whole Eurup
Thomas Rivera
Have to go to army on monday Am I fucked? I have no previous job or a place in a university or college?
Thomas Hughes
It will affect Pooland.
Ryan Green
good, I hope were facing a crisis
Oliver Morgan
For the better.
Robert Barnes
>Have to go to army on monday Good luck Pekka, have fun! Be a real man!
Jack Wright
so fucking delusional
the immigrants are being brought in to boost GDP through debt, but none of this comes to fruition until their children reach adulthood and start taking out loans for school etc (even though they never will, fucking lol)
Asher Smith
It's the middle of summer
hot as shit
people are vacationing and fucking off
Owen Ross
Nah, this is just successful capitalistic aka free market economy.
privatedebtinvestor.com/debt-funds-rise-germany/ >23 April 2018 >But last year saw a new high reached by the funds, taking a share of 34 percent compared with the banks’ 65 percent. And, in the first quarter of this year, debt funds almost gobbled up half of the market – reaching 47 percent compared with the bank’s 53 percent.
privatedebtinvestor.com/germanys-private-debt-market-reached-serious-size/ >1 November 2018 >looking to lend to companies with EBITDA ranging from €4 million to €25 million in May, HF Debt’s managing director, Andreas Doerfert, simply said: “Private debt as a form of financing has now arrived in Germany and has reached a serious size.”
When everybody migrates to main city Matrix, migrants get imported and every boss gets into debt, that's excellent economic growth aka banking sector growth.
Who is this Germany? No Germanic people, no borders and outsourced workers. Why do you call yourself Germany? I don't think you are Germany, stop wearing that flag.
if I look at the streets it's still a while, open the internet and we're long past that
Easton Reed
Since Germany is the only reason why EU is not collapsed yet. It prolly will soon
Samuel Richardson
>Why not just give money directly to industry? Illegal under WTO rules. The US would immediately sanction us like China. Trump is already attempting to put large punitive tariffs on all aircraft and aircraft parts produced in Europe/Germany and may extend this to car parts and cars. Why? Because some money was funneled to these companies... just like it is the case in the US with Lockheed and Boeing.
>people are vacationing and fucking off Not in Germany.
Ryan Parker
I am, which is why I am for a time of crisis the shitskins will leave, they're here for the comfort, the weak will die or at least see the truth, and if there's any hint of truth to us being an at least upper tier people, we will recover stronger than ever
Joseph Thomas
>Illegal under WTO rules wtf are you talking aabout? gime proof
And? If EU collapses, does that means we get to kill millions of capitalistic free traders who will continue to outsource and import American products? Hardly.
Landon Gutierrez
People are already organizing, prepping, getting ready to strike back against the regime. Germany is very close to open revolution, it will only take something small to set it off, then the whole of Germany goes up.
Xavier Lewis
EU-USA Airbus-Boeing disupte. Look it up.
Eli Wood
Congratulations for pushing a hard Brexit Germany.
>Germany is very close to open revolution, it will only take something small to set it off, then the whole of Germany goes up. Godspeed user! Und gott strafe England!
Jose Myers
Where do you live? Cause I see none of that
Adam Clark
Why don't they expand the gibs to every German? Just give each 100k euros and tell em to spend it straight away.
a few months ago we had a shameful campaign by (((big companies))) that more or less said "It's called made in Germany and not made by Germans because we are so diverse and shit." Didn't take pictures because was too mad at this idiocy... It's made in Germany because it used to imply that also means made by Germans, but I guess these times are over
Gabriel Torres
Better import 2 million refugees this time if 1 million didn't boost the economy enough
Sebastian Brown
At night or when its cloudy can you see the sun? Its still there. Get up from your knees and take action in your locality like others are doing all across Germany.
Henry Phillips
Let me just say that the military in western countries is not exactly on board with what's happening and Generals, Corporals, Sergeants and even Lieutenants are progressively getting briefed and part of that is also happening independently in police forces and special forces.
It's not clear how things will play out, because there are several imponderable variables and allegiances are not clear. If a european country installs a Junta, they will instantly be attacked by the other member states and even foreign actors that have already installed 5th columns in european countries in the form of militants and terrorist clusters.
We are balancing on a thin thread.
Juan Kelly
actually kill yourself holy shit
Colton Rodriguez
Capitalism: >import more migrants Excuse: humanitarian >hire cheaper people Excuse: diversity >sell native land Excuse: economic growth >have more loans Excuse: future growth >have more loans Excuse: not selling enough because not enough people.
Nobody in free market builds what people of country need, they sell internationally as much as possible. You can create trillions of dollars, but sooner or later you will run out of resources and land to inhabit people. Africans be hungry, not producing own food, capitalist be selling your European food to them and become rich, less food in Europe and less quality food will be result of this.
Easton Young
BTP/BUND 10y spread is going down, and since we didn't do shit it can only be germany's yield fluctuating, not ours
Levi Lewis
no need to tell me, capitalism kills all nationalism, tradition and identity in the name of money as our highest good
Henry Barnes
But but but all the refugees? Our politicians told us that they will help our economy and compared them with gold.
Christian Cox
Basicly. Yes. You are correct. We are so fucked.
Josiah Harris
Dude I want to believe, seriously. I am not questioning the truth of your claim at all, I just wanted to know where you are? Sachsen? Mecklenburg?
Henry Fisher
MORE IMMIGRANTS HANS THEYRE THE ONLY THING THAT CAN SAVE YOU NOW
Austin Cox
You will be eating only plastic fantastic GMO food to satisfy the needs of Africa and whole planet. What they call organic is 100% sprayed with chemicals. Organic only means it is supposedly not harming environment, but that's also debatable. The shit they sell as bio in Hofer or Lidl ain't walked anywhere near bio. Not that GMO can't be bio produced, but GMO is crap anyway. Real bio is native species and native fruit/vegetable grown without need of chemicals and grown on sun.
Charles Robinson
Answering this question would be pretty fucking dumb in a country where even discussing this stuff can get you sent to jail for dozens of years.
You sound like a kraut fed.
Cameron Anderson
Last time I checked you guys were mostly unaffected by a recession that hit Europe in the early 2000's. in fact you haven't had a recession since the late 90's early 2000's, no ?
Matthew Peterson
>made in germany they think of sand niggers. Wasn’t it turks who make all German cars now? Or was it kebab?
Charles Turner
refugees consume
Kevin Sullivan
I'm not a fed. You are aware we are all being monitored, right? Do you really believe that if the police wanted to find out where you are they would need to ask your location?
>Imagine being this naive
Julian Ward
>give germans (mostly middle-class) gibs >they put it in the bank
>give poor refugees gibs >they go immediately spend it on food and entertainment
Tyler Reed
The government is printing/borrowing money to spend on refugees, basically pissing funny money into the economy.
Nicholas Robinson
Seriously can't believe his. I would fight for Germany (for a non cucked Germany) but this is simply impossible.
Elijah Price
Made in Germany or any country means who is the last one to change the product. Parts can be made in 10 different country, then a Turk puts a stamp, that stamp is last change of product so the product becomes made in Germany. It's actually not made in Germany and not made by Germans. The law: reading.ac.uk/foodlaw/pdf/uk-07038-draft-country-of-origin.pdf >There is no statutory definition of “place of origin or provenance” in the Food Labelling Regulations 1996 or of “origin or provenance” in Directive 2000/13/EC. But both in Codex3 and WTO Rules, the country of origin is deemed to be the place of last substantial change
Isaac White
>refugees consume They also kill and rape. More work for funeral services. Profit for economy I guess
See it as wishful motivation. We really need it today.
Jason Turner
>unlike e.g. investments in schools or infrastructure or automation. oh yeah, those things are fucking HORRIBLE, better spend some more money on cars and plane tickets while kvetching about overconsumption and climate change
Alexander Torres
Then believe, have the faith in your people and yourself. We make haste slowly. Its not important to know where I am, the fire rises all across Germany now. Germans are everywhere around, organize with the courage of your race.
