German Economy Moving into Recession & Civil Unrest Rising

armstrongeconomics.com

Even the IMF has now revised its forecast for German economic growth down sharply. We have been warning that 2013 Europe will turn NEGATIVE on the GDP growth as a whole. The IMF now sees major risks that the German economy is not recovering and that Germany should abandon austerity.

http://deutsche-wirtschafts-nachrichten.de/2013/06/04/iwf-fordert-von-deutschland-aufgabe-des-sparkurses/

Meanwhile, now the UN is warning of European civil unrest rising because of unemployment. The risk of social unrest is rising based upon the recent report by the International Labour Agency.  We have been warning that there is simply no hope of job growth under these economic policies. Politicians cannot look in a mirror and see what they are doing to Western Civilization.

http://deutsche-wirtschafts-nachrichten.de/2013/06/04/un-warnt-vor-sozialen-unruhen-in-weiteren-laendern-europas/

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2 Responses to German Economy Moving into Recession & Civil Unrest Rising

  1. Diane Denizen June 8, 2013 at 3:27 pm

    The final nail in the coffin for the ‘European project’, and not before time!

  2. Ire 8 June 12, 2013 at 8:32 am

    First building block of UN global jackboot fascism stamping on your face.