I don’t think anyone is surprised by this.
If they act surprised, they are pretending.
We here at the Daily Stormer printed all the information about how the German economy was going to spiral as a result of the sanctions on Russia when the sanctions happened, nearly a year and a half ago.
There was never any stated plan to reinforce the German economy.
It’s in a death spiral.
German business morale worsened for the second consecutive month in June, a survey showed on Monday, indicating that Europe’s largest economy faces an uphill battle to shake off recession.
The Ifo institute said its business climate index fell to 88.5 this month from 91.5 in May. A Reuters poll of analysts had predicted a smaller drop to 90.7 in June.
“Sentiment in the German economy has clouded over noticeably,” Ifo’s president Clemens Fuest said.
China’s weaker than hoped for economic performance since its reopening from tight COVID-19 lockdowns, a looming U.S. recession and ongoing monetary policy tightening seem to be weighing on German company sentiment, said Carsten Brzeski, global head of macro at ING.
“What is clear is that the optimism at the start of the year seems to have given way to more of a sense of reality,” Brzeski said.
Indeed, expectations were much more pessimistic, with the related Ifo index falling to 83.6 from May’s 88.3. Companies also assessed their current situation more poorly, with that index falling to 93.7 from 94.8.
The economy faces the prospect of a longer recession as domestic demand and the expectations of exporters have both weakened, Klaus Wohlrabe, head of Ifo surveys, told Reuters in an interview on Monday.
“The probability has increased that gross domestic product will also shrink in the second quarter,” he said.
Once again, we should be reminded that the entire Ukraine agenda is being pushed by women.
In their own minds, women have no stakes in the game of the economy.
Women always just assume that someone is going to be taking care of them. They don’t think “this could cause a problem” when they push some lunatic war agenda any more than a toddler imagines that throwing a tantrum will cause his parents to stop feeding him.
It’s a deep, dark shame that someone convinced white men that women are people.