Established in 2006 as a Community of Reality

Welcome to the Neno's Place!

Neno's Place Established in 2006 as a Community of Reality

Iraq Dinar/News is a popular topic among many topics this board offers.

See the footer of the board for our Facebook and My business pages.

Be sure and join our Dinar Only Newsletter Email list. It is located on the right. Your User Account Email when joining the board is for with in Neno's Place use of board information which you can control in your profile settings.


For "Advertising" with in my board to our Membership and Visitors see our "Sponsor Ad Info" in the Navbar. Neno's Place receives a low of 50,000 views a week to over 100,000 plus many times thru out the year.

I can be reached by phone or text 7am-7pm cst 972-768-9772 or, once joining the board I can be reached by a (PM) Private Message.
Established in 2006 as a Community of Reality

Longest Dinar holding Community. Reach Admin by Private Message. Copyright © 2006-2017

German Industrial Production Collapses by 4%



Posts : 17901
Thanked : 880
Join date : 2013-01-12

German Industrial Production Collapses by 4%

Post by Lobo on Wed 07 Oct 2015, 5:13 pm

German Industrial Production Collapses by 4%

Posted on October 7, 2015  by  Martin Armstrong

The other side of 2015.75 is not going to be pretty. The German industrial production report dropped 4% from July to August versus an expected decline of 1.5%. This is a hugely alarming month-on-month drop, which happens to be the largest drop in the past five years. This new revelation is shocking since there was a 2.8% drop on the same month last year. Everything is turning down hard from factory orders onward, and now we have the VW scandal. The resale values on Volkswagen’s diesel cars in the U.S. have collapsed by 13% according to Kelly Blue Book.
Germany is the core of the European economy. Our models warn that we are looking at a very steep economic decline and this contagion will now infect the USA with the turn on 2015.75. This is no time for Germany to get caught up in refugees; the weather in Germany will be colder than last year and the refugees are not suited to cold weather.
This entry was posted in Germany and tagged German Industrial Production, Germany, Volkswagen by Martin Armstrong. Bookmark the permalink.

    Current date/time is Tue 06 Dec 2016, 6:11 am