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Germany's Now Unstoppable Decline: All Major Media Sugar-Coat It
On November 12th, the Financial Times headlined "Can anything halt the decline of German industry?", and hid the answer, by hiding what had caused the decline. They also quoted economists (the category of 'experts' who had failed to predict the 2008 financial crash) as saying that this decline will stop and will soon reverse:
Most economists believe this debt-financed investment push will swing the country back to growth in 2026 after long years of stagnation.
"At the moment, the headwinds from trade are there before the tailwinds from fiscal policy really kick in," says BNP Paribas economist Paul Hollingsworth. He is confident that the drag from the trade war has already peaked this year and predicts 1.4 per cent of growth in 2026, after a measly 0.3 per cent in 2025.