And now reduce credit financed gov spending and the german economy is in a depression. It's far worse than You think.

Why not post the original source? https://www.destatis.de/DE/Presse/Pressemitteilungen/2023/11/PD23_425_51.html

When you zoom out, it is not that bad. But yeah, not good at all either.

https://gcdnb.pbrd.co/images/K0NW3jotQL42.png?o=1

mixmaster

The German export industry is facing formidable challenges due to a persistent decline in global demand. September saw a 2.4 percent drop in exports, factoring in calendar and seasonal adjustments, as reported by the Statistische Bundesamt (Destatis). This figure surpassed expectations, with economists surveyed by Dow Jones Newswires predicting a 2.0 percent decrease.

More concerning is the year-on-year comparison, which reveals a 7.5 percent decrease in exports for September.

AND: it has nothing to do with their energy policy!! Don't mix things up.

meta

The German export industry is facing formidable challenges due to a persistent decline in global demand. September saw a 2.4 percent drop in exports, factoring in calendar and seasonal adjustments, as reported by the Statistische Bundesamt (Destatis). This figure surpassed expectations, with economists surveyed by Dow Jones Newswires predicting a 2.0 percent decrease.

More concerning is the year-on-year comparison, which reveals a 7.5 percent decrease in exports for September. 


AND: it has nothing to do with their energy policy!! Don't mix things up.
