Nicht Gut: Cent and Economy

nicht gut: Growth stagnated in the fourth quarter after a contraction in the third, prompting the government in mid-January to slash its expansion forecast for 2019 dramatically, to a paltry 1 per cent from 1.8 per cent, according to The Independent. Last week adding insult to injury figures showed that confidence in the German economy had fallen to its lowest level in four years. The economy grew by just 1.5 per cent last year, representing its weakest rate of expansion in half a decade, largely due to some of its biggest exporters car companies, manufacturers and industrial conglomerates being battered by trade wars. Nicht gut. Germany is the UK's most important trading partner within the EU and, crucially, it's a bellwether for the health of the world economy. We should care. (news.financializer.com). As reported in the news.