Inflation has taken a heavy toll on the German economy, with consumers spending less on items such as food and clothing. To make matters worse, the outlook for the rest of the year isn't looking much brighter.
I recall people confidently telling me I was horribly misinformed about the state of German economy when I said there would be a crash just a few months ago.
The way it was going, it was something quite predictable, with blind support for US interests, to the detriment of the interests of the country itself and the EU, what was difficult was that people denied or lied instead of seeing the obvious
Indeed, it was really amazing to see the mental gymnastics people were doing to avoid reconciling the simple fact that Europe now has much higher energy prices.
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I recall people confidently telling me I was horribly misinformed about the state of German economy when I said there would be a crash just a few months ago.
The way it was going, it was something quite predictable, with blind support for US interests, to the detriment of the interests of the country itself and the EU, what was difficult was that people denied or lied instead of seeing the obvious
Indeed, it was really amazing to see the mental gymnastics people were doing to avoid reconciling the simple fact that Europe now has much higher energy prices.