BBC News: Big fall in French factory output
BBC News: Big fall in French factory output Germany might be the only major Western economy to emerge relatively unscathed by all of this. Interesting to remember that German house prices have always been no more than a fifth of ours, that most Germans rent not buy, and that house prices have never boomed.
But I like the article most for the quotation from Global Equities economist Marc Touati: “The French economy is in the process of going from autumn to winter”. So true and not just for France.
Original post by doom&gloom
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