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Credit Suisse: Germany is 'over'
Germany's reign as Europe's strongest economy is about to come to an end, according to this chart from Credit Suisse.
Note that the scale represents the difference between Germany and the rest of Europe, not Germany's underlying performance. The basic point, according to Credit Suisse Managing Director Neville Hill and his team, is that as other areas (like the UK) get better and as Germany's economy gets worse, the difference between the German engine and the European carriages it's towing simply disappears: Credit Suisse: Germany is 'over' - Business Insider |
it's hard to predict something from just this curve
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I can tell you something for sure...what goes up must come down.
Eventually all empires fall just as Rome had its time and the US which clearly has peaked and is going nowhere except down. So not surprising that Germany would fall from that highest position slot - Next |
Well... it more means China is "over"...
Germany's quality products will find new rising markets... To me the article says more that China is "over"... China is a bubble. The idiots over there take huge loans now to pay the interest on their other huge loans... |
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Slowing Chinese investment is affecting all industrialised economies. Further weakening of the Euro will save German manufacturing exports. :2 cents: |
as they change directors and get headhunted by UBS
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I used to work in presentation technology for Credit Suisse way back when it was CS First Boston. The analysts coming up with these forecasts are the low men on the totem pole. Pukes fresh out of B-school who don't know up from down. Anyone with a brain at CS is in M&A, doing roadshows and making deals.
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Well if this means German prostitutes will charge less for their pissues now then I am on board. LOL
Happy Holidays!! |
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