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October 19, 2004

German Economy Ailing; Frenchmen Nervous, Begin Trying to Make Nice-Nice With Americans and Brits

You're on your own for the next one, Jean-Claude:

The German economy is recovering, but the modest upturn will lose momentum as early as next year as a result of surging oil prices and a slowdown in exports, leading economic research institutes said Tuesday.

In the traditional autumn report published by Germany's six leading economic research institutes, five of the think tanks -- Ifo in Munich, HWWA in Hamburg, RWI in Essen, IfW in Kiel and IWH in Halle -- said they expected growth to slow to 1.5 percent next year from an anticipated 1.8 percent this year.

One of the funniest things in the world is having one of the most arrogant people on earth -- a nation so arrogant it turned racial purity into a genocidal creed -- call the USA arrogant.

I'm ever so glad I don't have to hear much about precision German engineering anymore.

Fuck 'em.

Like a Viking.


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posted by Ace at 05:42 PM

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