Very interesting:. German trade balance is collapsing. But the government thinks that the economy is not declining.
03 Feb 2023, 14:20
Very interesting:
👉 German trade balance is collapsing ⬇️
👉 But the government thinks that the economy is not declining 🤔
How does this fit together? 🤔
Hint: it doesn't.
That's why #Bitcoin.
Good Morning from #Germany where the export model keeps eroding. Germany's once sizable export surplus falling off a cliff, more than halved YoY <€80bn in 2022 due to rising energy costs, the lowest figure since 2000 and 5th decline in succession.