How Germany brings joy to the world

While the Americans remain uncertain whether the economy is re-emerging or not the Germans have every reason to look happy to the future. The latest data show that the German economy has grown by 2.2% in the last three months, which is far better than even the most optimistic predictions. The main reason for this growth is the giant surge in export which stimulates the national economy thus even lowering the unemployment rate under the rate before the crisis.

Although the growth is not yet certain to continue this news brings joy to the whole world because the fact that German export is booming also means that in other countries there is money enough to keep buying.


Wouter Fransaer

(The Economist)