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Confidence In German Economy Flat Out Collapses In Dastardly ZEW Print
Tuesday brought more bad news for the Germany economy as the market anxiously ponders the prospect o
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Is this the cleansing of zombie companies and a return to fiscal rectitude that everyone has been clambering for? And now that it is here we fear the pain that accompanies the cleansing? Perhaps Germany’s commitment to a balanced budget should be celebrated for its bravery in the face of what it must know is a coming painful time.