“The slowdown prediction comes as companies postpone investment, and the economy minister warned that turmoil in Germany’s main trading partners could hit exports in the second half of the year.
“Philipp Rösler said despite the stormy economic waters Germany is standing its ground and remains on track for growth.
“But he added: ‘The environment for the German economy has become more difficult overall, due to the eurozone debt crisis. The growth forecast for next year is therefore one percent. That is less than the 1.6 percent forecast in the spring.”
My Comment: This is the immediate future of the world. Everyone needs to prepare himself for the landing, so that it does not become an uncontrolled fall. Through the implementation of integral education for the population it is possible to make the descent with the benefit for everyone, and although in the end, consumption and the economy will shrink to a reasonable level, the population will feel more comfortable than it ever has.