GERMAN ECONOMY: Shocking figures! IFO President Fuest warns! Now things are getting really serious

GERMAN ECONOMY: Shocking figures! IFO President warns! Now things are getting really serious
The German economy continues to slide: The ifo business climate is recording its fourth consecutive decline and signals weak demand in industry. The chemical, electrical and automotive industries are particularly affected. ifo President Clemens Fuest warns of a possible recession in 2024 and criticizes proposals such as a scrappage premium. Positive impulses are coming from China, where a comprehensive package of measures is intended to stimulate the economy, which could also help German exporters. At the same time, there is a threat of Trump's re-election, which could harm German exports through protectionist measures.
#economy #germany #ifo #worldnewschannel
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Video created in 2024