Archive for July, 2008

• German Consumer Confidence Slides Raising Eurozone Recession Fears

  Edward Hugh July 28th, 2008

  German consumer confidence dropped to the lowest in more than five years entering August as the sharp rise in energy and food prices continued to weaken purchasing power and the economic outlook continued to deteriorate. The GfK forward looking consumer confidence index for August declined to 2.1, its lowest level since June 2003 (and down [...]

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• What Is The Risk Of A Serious Melt-Down In The Spanish Economy?

  Edward Hugh July 18th, 2008

  Economists set themselves too easy, too useless a task if in tempestuous seasons they can only tell us that when the storm is long past, the ocean is flat again John Maynard Keynes ‘As far as I am concerned, this is … the most complex crisis we’ve ever seen due to the number of factors [...]

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• What Is The Recession Risk For The German Economy?

  Edward Hugh July 7th, 2008

  Christian Menegatti in his Global Recession Watch post on RGE Monitor last week strang together an impressive list of countries which might be at risk of entering recession during 2008. One name which was conspicuously absent from the list was that of Germany. Yet the situation here is not as self evident as some may [...]

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