- Aug 13, 2009
- 12,854
- 1
- 0
Waterloo Sunrise said:Germany's last reported quarterly growth figure was 0.1%
I will accept I have been lazy and forgotten that journalists switch between quarterly and annualised growth rates because they're innumerate, so my numbers probably need dividing by 4, but that doesn't change the stark contrast particularly.
Very hard to look at the charts and not see that Germany is in far better shape
Germany
http://www.tradingeconomics.com/germany/gdp-growth-annual
Ireland
http://www.tradingeconomics.com/ireland/gdp-growth
Add in all the other metrics, unemployment, debt, interest. etc and Germany is on far stronger footing. They are doing this largely on the base of high end manufacturing.