German construction PMI fell from 38.3 to 37.5 points in April and continues to point to a recession in the country.
The industry received 0.4% fewer orders in April compared to the previous month, defying the general upward trend in global industry. Analysts had assumed that the order backlog would grow by 0.4%. To make matters worse, the figures from the previous month of March were revised downwards from +0.2% to a fall in orders of 0.8%. Only those who falsify such statistics know how this difference comes about. German industry thus remains a reflection of the reality of the German government's completely screwed-up and socialist economic policy.
192 sats \ 1 reply \ @mf 7 May
Thanks for these short reports. Really easy to consume. Keep them coming.
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A pleasure Greets Tom
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Even this data isn't real, in fact. They are just showing -0.8 while they may be down -2 or -3 points.
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I have been trying for some time to explain to people in Germany that in order to be able to measure real economic growth, or at least approximate it, they would first have to subtract all government spending. even that is an intellectual challenge
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I doubt that they would ever try to realise the reality. People in Germany are generally so Patriotic that they kinda become meak.
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i'm afraid that as a german i have to correct you on the point of patriotism. the last decades of re-education have driven every form of patriotism out of the german people. this nation only agrees on climate moralism. It is the new, stupid, ferment that still holds this strange people together in a makeshift way.
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Thanks for correcting me. Yes, you're right. The propoganda of climate change, pollution and global warming are new topics of priority.
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10 sats \ 1 reply \ @TomK OP 7 May
.... and it's getting crazier with 'the fight against the extreme right' by the day
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Fighting with either side is just a mute point. One wants something while the other side wants something else.
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Both are such high priority. Cant be the humans causing the issues. Lol
I think everyone is like that now. Climate change and greenhouse gases were the rage when l went to school every day.
It's not only Germans but the entire humanity feeling the dearth of recession and falling economies.
Now only Botcoin can save us.
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I thought there was an uptick? Did they publish the wrong data? lol
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These criminals even managed to correct the industrial growth from March from 0.8% to -0.2% yesterday.
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Ouch that hurts.
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0 sats \ 0 replies \ @mf 7 May
🤣 what a fucking joke
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