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On Germany’s avoiding recession

While Germany’s numbers for Q4 2012 were poor, showing a contraction of 0.5%, I noted in my last post on Germany that this does not mean recession.  The contraction was due to export and capital investment figures, which look to rebound in Q1.

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Edward Harrison is the founder of Credit Writedowns and a former career diplomat, investment banker and technology executive with over twenty years of business experience. He is also a regular economic and financial commentator on BBC World News, CNBC Television, Business News Network, CBC, Fox Television and RT Television. He speaks six languages and reads another five, skills he uses to provide a more global perspective. Edward holds an MBA in Finance from Columbia University and a BA in Economics from Dartmouth College. Edward also writes a premium financial newsletter. Sign up here for a free trial.