With recent data showing that German exports fell 5.8% from July to August, and that industrial production shrank by 4%, it has become clear that the country’s unsustainable credit-fueled expansion is ending. But frugal Germans typically do not see it that way. After all, German household and company debt has fallen as a share of […]

Source: forumblog.org

See on Scoop.it – Public-Private Duality, Economic Crisis, and New Financial Trends