German Recession Well Under Way.

[webbo3]

I thought things were hunky dory in the wonderful EU.

https://www.thisismoney.co.uk/money/markets/article-12667375/German-recession-way-eurozone-woes-deepen.html

https://businessplus.ie/news/germany-recession/

https://businessplus.ie/news/germany-recession/

[naomi24]

The EU isn't hunky dory in more ways than one.  I know someone who, with quite a serious stomach condition recently underwent urgent surgery in Italy, and was kept in a bed in a corridor until space in a ward was available over a week later.

[Mozz71]

Most of the globe is fooked right now. The fallout from a two year pandemic does that kind of thing. 

[webbo3]

Hang on, if the UK was in recession it would be due to Brexit according to a few posters on here.

[Mozz71]

A few posters on here are quick to blame everything on Brexit Webbo. 

Just as others are quick to blame everything on the EU. 😉

[webbo3]

the current migrant crisis is down to the EU, they are being allowed to walk freely all ove Europe unchecked.

[david small]

The inability to organise an alcoholic over indulgence in a brewery comes to mind.

[Gromit]

// Data provider S&P Global said its so-called purchasing managers' index (PMI) of private sector activity in the single currency bloc fell to 46.5 in October. That was well below the 50 cut-off between growth and decline //

And S&P Global report on the UK is very similar.

// At 48.6 in October, the headline seasonally adjusted S&P Global / CIPS Flash UK Composite Output Index was up fractionally from 48.5 in September but below the 50.0 no-change mark for the third month running. //

[ToraToraTora]

mozz: "Most of the globe is fooked right now. The fallout from a two year pandemic does that kind of thing. " - well bonnet de douche Rodney, we've spent that last few years blaming the tories! As soon as yerp is affected, suddenly it's the crises etc. Crudetet sur la plat!

[tomus42]

I don't really understand why there's such glee at the troubles of European countries.

Africa is full of pestilence, poverty and war and it's people are fleeing north. Russia and China are dictatorships. America has gone insane and looks like voting itself to become another Russia.

Do you think dear old blighty will remain immune and isolated from all of this?

[douglas9401]

When Starbucks and Costa are empty we'll know there's a recession on.

Not now though.