[Newsbot]

Title: Europe on the brink of financial meltdown as Germany faces financial ruin
Category: Business
Posted By: N_Fiddledog
Date: 2016-01-14 17:07:47

[andyt]

$1:

Germany’s industrial production has slipped to ZERO per cent

OMFG. Set your hair on fire. All industries in Germany are shut down. Funny it doesn't make bigger news, that.

[N_Fiddledog]

I think this graph was Industrial Production at end of November.

http://assets.bwbx.io/images/iXO7v2bhrAT4/v3/-1x-1.png

Yes, other news appears to have been talking about the decline, but apparently the stats are volatile up and down month to month. Or so they say in the second below.

http://news.yahoo.com/germany-france-po ... 50807.html

http://www.bloomberg.com/news/articles/ ... ncertainty

[andyt]

But zero? Nada, zilch, no production at all?

[fifeboy]

It's all because of Muslims!

[andyt]

fifeboy fifeboy:

It's all because of Muslims!

Well, and progs. Don't forget about the progs.

[N_Fiddledog]

andyt andyt:

But zero? Nada, zilch, no production at all?

Jesus, man, click the frigging graph.

It not only goes to 0, you can go negative.

Here's another one.

http://www.tradingeconomics.com/germany ... production

I don't know who they are or how trustworthy they are, but they're offering some explanation.

I imagine one of our resident business experts will turn up soon to tell us what this all really means.

Can you wait that long or is it important to you to display as much ignorance as possible before you learn what's going on?

Here's a guess for you to keep you going. I think the percent might represent the rate at which Industrial Production is going up or down for a particular month. O% seems to be where it was at the end of December 2015.

[N_Fiddledog]

Oh and BTW...Personally, I blame Global Warming.

[stratos]

The way the article read it sounded to me like it was 0% growth. That tied in with their exports shrinking means economic stagnation at best. Most likely reduction in production causing people to be laid off. That's the public lack of confidence bit of the article. Those laid off can't buy non essential things thus even a further slow down in production and things begin to spiral out of control.

[BartSimpson]

N_Fiddledog N_Fiddledog:

Oh and BTW...Personally, I blame Global Warming.

And it's also time to blame President Trump. Or Bush. Or are we still hating Sarah Palin? It's hard to keep up these days.

[uwish]

I also would like to blame the Alberta NDP please. Y?? Y not!

[stratos]

I want to blame the Moon. We already know it has strange effects on people.