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Germany Is Europe’s Economic Engine. It’s Starting To Sputter

Big Take

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The German Government's Decline to Avoid a Recession

Chancellor Olaf Scholz told Bloomberg that he's sure the country would avoid a recession this year. In some ways what's going on now isn't entirely his fault or even arguably at all his fault. Germany under Scholz was actually able to win itself off Russian gas so that is something that with all this criticism we tend to forget. We have three ships for liquefied natural gas in front of the German shoreline and more on their way.

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