The German Chamber of Commerce and Industry (DIHK) has issued a cautionary forecast, indicating a projected 0.5 percent contraction in the German Gross Domestic Product (GDP) for 2024. This forecast stems from persistent negative sentiment within businesses, signaling ongoing economic challenges. DIHK's Managing Director, Martin Wansleben, underscores the significance of this decline, highlighting its rarity in post-war economic history.
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21 sats \ 3 replies \ @BlokchainB 21 Feb
Sad to see
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100 sats \ 2 replies \ @TomK OP 21 Feb
and the worst thing about this decline is: we haven't seen anything yet! the collapse of tax revenue and the welfare state mass unemployment all these beautiful little blossoms that socialism drives still await us
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21 sats \ 1 reply \ @BlokchainB 21 Feb
And my one German friend is completely oblivious to this
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50 sats \ 0 replies \ @TomK OP 22 Feb
Of course... it's the MSM
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0 sats \ 0 replies \ @co574 21 Feb
š„
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0 sats \ 0 replies \ @398ja 21 Feb
šØ
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0 sats \ 2 replies \ @Coinsreporter 21 Feb
Is it declining in Fiat or Bitcoin? If it's declining in Fiat, I don't worry a bit.
If it's declining in Bitcoin, that's impossible.
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32 sats \ 0 replies \ @TomK OP 21 Feb
it is shrinking in the production of the goods and services that citizens demand. that is the point when i talk about recession processes
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21 sats \ 0 replies \ @Undisciplined 21 Feb
Bitcoin is an appreciating currency. If it's declining in fiat, then it's declining more in Bitcoin.
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0 sats \ 0 replies \ @Karlm 21 Feb freebie
šš