>German economic growth will nearly halve in 2017 as Brexit and other risks hit exporters, the DIW institute said on Thursday.
>The subdued outlook followed a string of economic data which painted a bleak picture for German manufacturing, with industrial orders barely rising in July and output posting its steepest drop in nearly two years.
>"The German economic engine is likely to start stuttering for a while," DIW said in a statement, adding that Britain's decision to leave the European Union would limit Germany's growth prospects in the coming months.
I can just imagine how much germanic on anglo butthurt this will create if it's true >UK is the bad guys!! >They should have let us keep taking advantage of them!
Germany is responsible for all the things that made the EU bad, and now they pay the price.
Robert Wilson
Just as planned.
Connor Carter
Fucking rekt krautfags that's what you get for electing Merkel and the rest of the anti-European ethnicity politicians.
Xavier Sullivan
Oh yes its Britain's fault. Ignore all the money we have to spend on rapefugees who don't work.
Andrew Stewart
>t-t-the EU will never sign a free trade deal
Ryan Young
The reason for these forecasts are that they model a recession in the UK and the UK is one of the biggest markets for Germany.
I doubt the UK will fall into recession next year.
Chase Cruz
>>t-t-the EU will never sign a free trade deal
They will. But beware, it is not the EU who signs a free trade deal, but every single EU state has to ratify such a deal. Guess why CETA and TTIP fall away, despite a majority of governments being pro-free trade.
Andrew Sullivan
Germanistanis BTFO
Logan Gonzalez
>German economic growth will nearly halve in 2017 as Brexit and other risks hit exporters, the DIW institute said on Thursday. Guess they're just gonna have to import more Syrian doctors, engineers, and physicists :^)
John Wilson
P.S., just a few days ago, a different analystic institute has sharply increased the GDP growth forecast in Germany to 2% this year and 1.5% next year... and also increased the estimate for the massive budget surpluses Germany is having this and next year.
The amount of downvotes ive been getting for stating that if germany deny us tariff free trade without having free movement they will be damaged more than us, people still under the impression the german economy wont even notice were gone and that were irrelevant
Asher Gutierrez
Also: Germany is about to re-overtake China as the number 1 net exporter in the world this year.
What tomato bro said. our currency is worth too much and by decreasing in value a little in encourages more investors.
Lucas Walker
Currency devaluation is bad for an service circlejerk economy that produces nothing and only shops.
Blake Williams
>This level of Butt-hurt... its outstanding!
Isaac Jones
>by decreasing in value a little in encourages more investors >German economic growth will take a dent because of brexit insecurity >investors shy away from the UK >lots of companies announced deinvesting >this will help us, guys!
Yer a funny cunt.
Leo Walker
>produces nothing
Is that why our economy has grown since brexit because its cheaper to export our British made goods ? Also our tourism industry has had a boom this summer.
Anthony Smith
>produces nothing Isn't Britain the third industrial producer in Europe though?
Jack Moore
isn't that good? i tought that was the plan?
Jack Nguyen
>lots of companies announced deinvesting the dissonance is real
Matthew Kelly
better let in more refugees
that will stimulate the economy :^)
Jonathan Baker
>>investors shy away from the UK
HE DOESN'T HAVE AN ANGLO-SPHERE!
Who needs investors when we have Australia, NZ and Canada all ready for free-trade with the Mother-land!
The EU is even getting arsy at us because we're basically setting up trade before Article 50 , putting us in a MUCH better position.
Ayden Lee
Two world wars and one referendum
Ryder Sullivan
Based
Kevin Hughes
Pretty sure it's due to predicted recession in UK.
Joseph Price
...
Jaxon Reyes
>>muh exports >>loses it's biggest export market because they need to guzzle arabic semen
Germany's biggest export market is France followed by the United States. We will not lose France because we let their Arabic friends in.
Hudson Garcia
>britain >produces nothing why do you people insist on talking out of your ass?
Liam Johnson
You were a pain in the arse but we liked you because you counterbalanced the pesky frogs and the club med in votes.
Germany now has to tell France hey bois that whole ultra socialism and anti competive enviroment? We don't want that bugger off.
Julian Ortiz
...
Jace Green
>you want to have just a little bit an export surplus Actually, you want exports to be as big as possible, as this means your products are top notch and others pay you for your work. This way you get richer and richer and can use the money they pay you, to buy up assets abroad to get more and more powerful.
the worst thing is a massive trade deficit, because then the people who export to your country will use the dollar they pay for exported goods to buy up assets in the country with the massive trade deficit.
Tyler White
>predicted recession in UK. >He doesn't know that isn't going to happen anymore.
That recession fear was down to EU shills thinking that our service sector would shrink, when in fact, it grew this past quarter destroying any fears of a recession.
Bentley Watson
>I think I'd rather trust reuters than a german biased source desu senpai WWhy would you not trust the HWWI?
>"The peoples of Islam will always be closer to us than, for example, France"
Sebastian King
He is right, though. The quoted forecast specifically says the subdued growth in 2017 is due to "recession risk in the UK".
It is based on old data, though, the HWWI has already said those recession risks are small enough to not play a major role and the Germany economy will thus have good growth and massive budget surpluses next year as well.
Jacob King
>This way you get richer and richer and can use the money they pay you, to buy up assets abroad to get more and more powerful kek back to the 1600's with you
Nicholas Bailey
which part of crashing with no survivors you don't get
Zachary Young
The west has been in recession for 10 years now with no end in sight and people are beginning to vote for alternatives.
We have growth of over 7% so I am of course not including ireland as "the west".
Also just a random fact. The average german woman is 46. 46 is when women go infertile.
The average german woman is infertile. Sheit. No wonder you need replacements.
Juan Barnes
This
haven't you seen Love Actually?
Adrian Wilson
Dont worry bros. With 2Mio Rocket-Scientists and Doctors we will fix this crisis in no time
Cooper Evans
>The west has been in recession for 10 years now >We have growth of over 7% >weird random "fact" >more fantasy outlined >mfw
Wyatt Richardson
>We have growth of over 7%
>convince a large amount of multinational corporations to come to Ireland by having ridiculously low taxes >look at how good our economy is xD
Josiah Reyes
This, unfortunately most of Sup Forums dont have an education beyound high school
Justin Martinez
>brexit effecting everyone except Brits.
fucking kek.
Brody Watson
>England saving Europe again Why are we always the good guy?
Noah Nelson
Ah, they're going to be fine then.
I've read the Reuters article now and it seems the slowdown will be caused by uncertainty concerning Britain's future relationship with the EU, so many companies might decide to stop their investments until the situation is cleared up.
That to me sounds more like a small bump on the road than a start of a reccesion, that is unless Britain starts delaying the Brexit indefinitely
Landon Allen
But I thought all those unemployable barely toilet trained migrants will make the economy grow?
Elijah Lewis
Just a moment *butters crumpet* You mean to tell me *slurps tea* So if I'm understanding you correctly *checks the weather despite knowing it will be rain* The long and the short of it is *bins knife* To put it simply *drinks cheeky pint with our Nige*
Project Fear was bullshit made up by the EU because they knew they were more dependent on us than we were on them?
Camden Sanders
So you actually think Brexit will hit Germany harder than the UK? Holy shit that's freaking hilarious
Xavier Hall
Ethnic germans face extinction. Refugees make up a considerable percentage of people of breeding age in your nation. Go ahead and complain how you are being bullied by our low corporation tax XD
Caleb Taylor
Would be nice if ameribros just nuked germany desu, nothing of value is in that country and all the posters are cucks or turks
Jace Cruz
Politically it will. It gave a boost to Wilders and he is now the biggest. Now what do you think will happen to the German economy when the Netherlands leaves the EU? Look at the chart you posted again. Notice how almost all your imports come through us? German economy dead within a month when we refuse you access to our ports.
Jose Garcia
Don't worry there are millions of new doctors and engineers to boost the german economy now :^)
Jack King
I think brexit will finish the EU. As it currently is, it is failing, so they need to act but if they accelerate integration then more nations will leave it. If they do nothing then the EU stays weak.
I can see a scenario where it's just France and Germany and their shit skin population that no one will take and they are up to their necks in problems.
Andrew Scott
Thanks Britain. The sooner the germans are out of cash, the less 'new germans' they can afford.
Connor Martin
>Jamal, we are going to have to start some austerity measures >please be understanding, we all must fasten our belts in these difficult times
It'll work out fine, i'm sure.
Gavin Watson
Are you retarded or just plain dumb? The UK trade with Canada, Australia and NZ is so small its allmost irrelevant, the trade is small and the investment barley existing. Your trade with Sweden is more then twice as large as your trade with Australia. Are you british so dumb you dont understand reality? You are the one who gonna suffer the most and yet you laugh when other also take a hit. This is plain retardation.
Juan Thompson
growth will stagnate here because the labour market can't support more...
most people that are still out of work are either ill or have to care for someone ill or they are old and can't be bothered to learn a new trade yet again...
nobody realy cares about brexit... (we actually overtook china again and export more shit than ever thanks to you guys devaluing the euro ;D) well maybe the guys in frankfurt, berlin and munich as they hope to lure in japanese and other investors that'll leave britain...
Justin Murphy
>It gave a boost to Wilders and he is now the biggest. And it will change absolutely nothing. Remember when Wilders was the 3rd largest but still didn't become part of the government because everyone else hates him? That will also happen once he's the biggest: the 2nd, 3rd and 4th parties will form a coalition to create an absolute majority, and Wilders will once again be delegated to the opposition. Except even in the opposition nobody will want to work with him.
UK left the EU and we shit all over them and threatened them now they don't wanna play in the sand box anymore! BAWWWWW
Connor Taylor
All flaming aside I think your policy of mass migration to support your demand for labor is dumb because you expect these people to work for minimum wage. No one will work for minimum wage except as a stop gap measure.
I have a masters degree and a great job and if I had to work minimum wage for the rest of my life even I would choose crime instead.
Lincoln Russell
This. /Thread.
G-Good morning.
Evan Martin
lol no... they have destroyed big chunks of their manufactoring base... they are the third biggest econnomie here because of london and their service economie....
italys industry is bigger than theirs...
Caleb Walker
If you're talking about the refugees, no one realistically expected them to be a contribution to the economy.
We attract lots of immigrants from Europe and Asia, and they don't necessarily work for low wages
Nolan Adams
Of course it is fucking dumb but that is because our politicians do not care about doing what is best for Germany, they only care about generating short term profits for the industry which bought them.
Tyler Sullivan
LOVING EVERY LAUGH E L
Colton Green
We do about Brexit, since if actual Euro countries follow the UKs example and the Eurozone desintegrates, that'll be it with our Exportwunder.
Noah Lopez
This
Robert Allen
The only thing Britain produces are financial products, cp, and tourism.
Ayden Robinson
With the elections going on in France, Britain will provide a good example. If everyone sees they're not going to turn into a starving, third world shithole then they might regain trust in FN's anti-EU policy. With France out, there is no EU.
Jason Adams
Didn't the opposite happened? I mean eurosceptics losing support in WEU?
Western Europeans seem to love their status quo
Jeremiah Flores
never said anything else... i am all for europeans comming here to work. but we won't be able to manage a massive influx of syrian and magreb males like last year again...
however behind the scenes merkel is actually pulling all strings to avoid that this shit will happen again...
Joshua Robinson
>investors shy away from the UK
That didn't happen.
>lots of companies announced deinvesting
That also didn't happen.
>this will help us, guys!
Our economy is booming. Your economy is teetering on the brink of collapse while the rest of the EU is in full-on hysteresis.
You lost this one, Fritz. Since you're German, I'd have expected you to be used to it.
