bandarawan

joined 1 year ago
[–] [email protected] 1 points 1 year ago (7 children)

Yeah, many signs are pointing down and I won't be surprised if we get a recession here. But until it's definitely there I will wait.

As for this indicator. Never heard of it, but there seem so many of those that I wouldn't trust them unconditionally. This one for example points up:

https://www.tagesschau.de/wirtschaft/unternehmen/industrie-auftragseingaenge-deutschland-staerkter-auftragsplus-seit-drei-jahren-100.html

[–] [email protected] 1 points 1 year ago

Yeah, many signs are pointing down and I won't be surprised if we get a recession here. But until it's definitely there I will wait.

As for this indicator. Never heard of it, but there seem so many of those that I wouldn't trust them unconditionally. This one for example points up:

https://www.tagesschau.de/wirtschaft/unternehmen/industrie-auftragseingaenge-deutschland-staerkter-auftragsplus-seit-drei-jahren-100.html

[–] [email protected] 1 points 1 year ago (10 children)

Germany is in a technical recession, but france, Italy, Spain are not (yet). Don't get me wrong. I think it is very likely a recession might come, but as far as I can see it is not there yet.

https://ec.europa.eu/eurostat/documents/2995521/17254747/2-31072023-BP-EN.pdf/998638f3-f643-aa29-a170-ba1d34da7858

[–] [email protected] 1 points 1 year ago

Yeah, the US seems to be better off.

But there still does not seem to be data that the EU will be in a recession very soon, it Still at +0,?%

[–] [email protected] 2 points 1 year ago (14 children)

The EU economy prognosis for 2023 is still positive. As far as I am aware only some countries are in a recession, not the EU in total.

And that "industry is shutting down" is also exaggerated.

[–] [email protected] 6 points 1 year ago (16 children)

Interesting. Never heard of it. But it could be that is project will never have been build. Russian gas has been mostly replaced by liquid gas tankers. And the demand of gas is shrinkinhg in Europe.

https://en.wikipedia.org/wiki/Trans-Saharan_gas_pipeline?wprov=sfla1

[–] [email protected] 4 points 1 year ago

The concentration at the top is absurd. You can say the same thing about the wages of top actors. The sad thing is. People still buy 908$ Taylor tickets.

[–] [email protected] 6 points 1 year ago (1 children)

How fast do you die in that heath without air con?

[–] [email protected] 14 points 1 year ago (2 children)

How can we do worse than the uk? But well. The neoliberale politicians will certainly try to turn things around.

[–] [email protected] 2 points 1 year ago

Lol. What a shit show. I guess that makes the western pressure on Russia for the grain deal even more pathetic.

[–] [email protected] 2 points 1 year ago (2 children)

I don't completely understand your comment. What was in the deal for Russia? They say their demands werent met, what were they exactly?

[–] [email protected] 9 points 1 year ago (1 children)

Yepp. I always hate seeing this "Ukraine strong" narrative in German media. No honest voice seems to able to speak up. Well at least till yesterday when the article I shared popped up. Let's see if the opinion changes.

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