Bitcoinist
2019-08-15 19:42:53

Germany’s GDP Drop Ignites Fears of Economic Contagion

Germany’s economy shrinks, fuelling risks of a recession and fears of economic contagion throughout Europe. Unfortunately, central banks have limited resources to reduce the effects of broad-based economic decline. Failures of the ‘New Normal’ Over the last ten years, economic stagnation has prevailed across Europe. A ‘new normal’ as characterized by low-interest rates and easy monetary policy has done little to spur inflation and stimulate growth. Analysts now fear that if central banks fail toRead MoreThe post Germany’s GDP Drop Ignites Fears of Economic Contagion appeared first on Bitcoinist.com.

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