business law
While we were seemingly a little too optimistic in March (here) and I feared in April that we have seen the best already (here), the German economy seems to go south with astonishing speeed now. But hey, let’s take a closer look at how it fared in May:
After enjoying a “promising start” in January (here), a serious damper in February (here), the March outlook (here) proved to be too optimistic – even considering my caveats already at that time. But hey, let’s take a closer look:
…and maybe not rotten to the core. Still, to forecast the development of the German economy is more an art than science: While we enjoyed a “promising start” in January (here), the February figures (here) put a serious damper on it. So let’s take a closer look on how the German economy fared in March … more
…might indeed prove to be from an incoming train and not – as I summised the previous months (While I thought in the summer 2022 that we were nearing a recession in 2023, a silver-lining already occured in October (here) which got even brighter in November (here) and December 2022 (here)) – and not the … more
It is quite interesting how fast situations and perceptions can change: While I thought in the summer 2022 that we were nearing a recession in 2023, a silver-lining already occured in October (here) which got even brighter in November (here) and December 2022 (here). Hence, the question now is, will we be able to avoid … more
The war in Ukraine was still raging, but even in Germany Corona became old news as 2022 drew to a close. Hence, the hope which came up in October already as to the fate of the German economy (here) stabilised in November (here) and got even better at the end of one of the most … more
The war in Ukraine is still ongoing though there wasn’t too much actual movement throughout the month – probably due to Rasputitsa (for regular updates, cf. here, in German). The hope which came up last month as to the fate of the German economy (here) seems to somewhat stabilise now albeit on a low level. … more
While the war at the eastern and southern front is (not very much but still) progressing in favour of Ukraine, Russia continued its attacks on civil infrastructure unabated (for regular updates, cf. here, in German). After hope for the German economy was (thus) already in short supply in July (cf. here), everything seemed to be … more
While the war at the eastern and southern front is still very much progressing in favour of the Ukraine, Russia, under the leadership of Mr. Putin has – seemingly over recognising that a military victory is not feasible – startet to destroy Ukraine’s civil infrastructure (for regular updates, cf. here, in German). Hope was already … more
The war in Ukraine is progressing very nicely – for the Ukraine, for the Russians not so much (for regular updates, cf. here, in German). Despite (or because?) of this development, hope was already in short supply in the last month (cf. here). Now, with our Ukrainian brothers (and sisters) in arms recovering lost ground, … more