The Germans

Posted by – 15 January, 2013

The economic ‘powerhouse’ of the EU is in trouble:

The German economy contracted by a larger-than-expected 0.5 percent in the final quarter of 2012, a preliminary estimate from the Federal Statistics office showed on Tuesday, as the euro zone crisis weighed on exports and corporate investment.

The German economy is generally overrated, and still there are fools that think the UK is better off staying in the EU.

  • craig y

    At least the Poms were smart enough to stay with their own currency. How would they be if they had jumped to the Euro. As strong as Germany’s economy is the Euro will be its downfall.