Isn't Germany gonna go through a recession soon?

I think they're in one

Or next quarter they will be

BUT.

https://www.cnn.com/2019/08/19/economy/germany-recession-bundesbank/index.html
https://www.businessinsider.com/germany-just-went-into-a-recession-2019-1

They're one of the only countries in Europe to have a budget surplus

So, it's fine for them

`But the data is so bad that some economists think it might be wrong.`

👀

Huh

"In the nearer term, JPMorgan expects China's growth to slow to 5.8% next year and decline further to about 4.5% before 2030."

Kek still better than the USA <:pot_of_kek:544849795433496586>

What’s driving that though?

The growth?

Not being at war 😉

a lack of restrictions, I reckon

preferential treatment to Chinese companies IIRC

China is weird, they have a fuck ton of red tape but selectively enforce it

An expanding service sector, massive manufacturing, increased military spending.

Huawei basically came out of nowhere

Oh ok you know what

China’s debt is bad

Because they have a aging population

With India it’s fine because they have a younger population

They have basically no social welfare

So it doesn't matter

Lmao

I’m talking about individual debt

@Snake Indians also breed like Rabbits

Oh

Lmao

Yeah I know

Chinks? Eh, not so much

Yeah debt can be a great thing if your population is mostly in its 20’s

That’s because they’re just setting up

America is also pretty good because the millineals

(How do you spell the generations name?)

Are pretty young

millenials

Although it’s bad on the other hand because college debt is fucked

The boomers are also investing in the economy