Bloomberg:
Germany’s economy grew in the second quarter at the fastest pace since the country’s reunification two decades ago, driving faster-than-forecast expansion in the 16-nation euro area...
In annualized terms, the German economy expanded about 9 percent in the second quarter, said Andreas Scheuerle, an economist at Dekabank in Frankfurt. That puts it on a footing with emerging markets like China and India. --
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Comment: Very strange, indeed, because according to Nobel prize pundit and NYT columnist and Princeton economics professor and textbook writer and bestseller author Paul Krugman Germany should be in depression by now because it has failed to follow his advice of implementing a stimulus package of Krugmaniac dimensions. Sorry, Paul, wrong againg, don't worry, it's not the first time, and it won't be the last. Your record of being wrong keepts growing with you popularity. Only in America.
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