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aus+uk / uk.rec.cycling / Re: Ping Mason: Economic News

SubjectAuthor
* Ping Mason: Economic NewsSpike
`* Re: Ping Mason: Economic NewsJNugent
 `* Re: Ping Mason: Economic NewsSpike
  +* Re: Ping Mason: Economic NewsJNugent
  |`- Re: Ping Mason: Economic NewsSpike
  `- Re: Ping Mason: Economic NewsSpike

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Ping Mason: Economic News

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From: Aero.Spike@mail.invalid (Spike)
Newsgroups: uk.rec.cycling
Subject: Ping Mason: Economic News
Date: 25 May 2023 16:54:15 GMT
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 by: Spike - Thu, 25 May 2023 16:54 UTC

Radio news a few minutes ago:

Germany has gone into recession.

--
Spike

Re: Ping Mason: Economic News

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From: jenningsandco@mail.com (JNugent)
Newsgroups: uk.rec.cycling
Subject: Re: Ping Mason: Economic News
Date: Thu, 25 May 2023 18:03:17 +0100
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 by: JNugent - Thu, 25 May 2023 17:03 UTC

On 25/05/2023 05:54 pm, Spike wrote:
>
> Radio news a few minutes ago:
>
> Germany has gone into recession.

Ooops!

Shortage of materials and high price of energy?

It certainly can't be interest rates because they are negative.

Re: Ping Mason: Economic News

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From: Aero.Spike@mail.invalid (Spike)
Newsgroups: uk.rec.cycling
Subject: Re: Ping Mason: Economic News
Date: 25 May 2023 17:32:29 GMT
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 by: Spike - Thu, 25 May 2023 17:32 UTC

JNugent <jenningsandco@mail.com> wrote:
> On 25/05/2023 05:54 pm, Spike wrote:

>> Radio news a few minutes ago:

>> Germany has gone into recession.

> Ooops!

> Shortage of materials and high price of energy?

> It certainly can't be interest rates because they are negative.

Appears to be due to German consumers taking a cautious approach to the
future, and reining-in spending in favour of saving. Possibly might last a
year?

--
Spike

Re: Ping Mason: Economic News

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From: jenningsandco@mail.com (JNugent)
Newsgroups: uk.rec.cycling
Subject: Re: Ping Mason: Economic News
Date: Thu, 25 May 2023 19:36:59 +0100
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 by: JNugent - Thu, 25 May 2023 18:36 UTC

On 25/05/2023 06:32 pm, Spike wrote:

> JNugent <jenningsandco@mail.com> wrote:
>> On 25/05/2023 05:54 pm, Spike wrote:
>
>>> Radio news a few minutes ago:
>>> Germany has gone into recession.
>
>> Ooops!
>> Shortage of materials and high price of energy?
>> It certainly can't be interest rates because they are negative.
>
> Appears to be due to German consumers taking a cautious approach to the
> future, and reining-in spending in favour of saving. Possibly might last a
> year?

Good. All grist to the mill of reducing excessive demand and militating
[look it up, Mason] against inflation.

Re: Ping Mason: Economic News

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From: Aero.Spike@mail.invalid (Spike)
Newsgroups: uk.rec.cycling
Subject: Re: Ping Mason: Economic News
Date: 25 May 2023 18:47:10 GMT
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 by: Spike - Thu, 25 May 2023 18:47 UTC

JNugent <jenningsandco@mail.com> wrote:
> On 25/05/2023 06:32 pm, Spike wrote:
>
>> JNugent <jenningsandco@mail.com> wrote:
>>> On 25/05/2023 05:54 pm, Spike wrote:
>>
>>>> Radio news a few minutes ago:
>>>> Germany has gone into recession.
>>
>>> Ooops!
>>> Shortage of materials and high price of energy?
>>> It certainly can't be interest rates because they are negative.
>>
>> Appears to be due to German consumers taking a cautious approach to the
>> future, and reining-in spending in favour of saving. Possibly might last a
>> year?
>
> Good. All grist to the mill of reducing excessive demand and militating
> [look it up, Mason] against inflation.

The last thing the recession-headed EU wants is a small island off it’s
North West corner having an economy that’s pushing ahead while theirs goes
backwards.

--
Spike

Re: Ping Mason: Economic News

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From: Aero.Spike@mail.invalid (Spike)
Newsgroups: uk.rec.cycling
Subject: Re: Ping Mason: Economic News
Date: 26 May 2023 09:30:30 GMT
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 by: Spike - Fri, 26 May 2023 09:30 UTC

Spike <Aero.Spike@mail.invalid> wrote:
> JNugent <jenningsandco@mail.com> wrote:
>> On 25/05/2023 05:54 pm, Spike wrote:
>
>>> Radio news a few minutes ago:
>
>>> Germany has gone into recession.
>
>> Ooops!
>
>> Shortage of materials and high price of energy?
>
>> It certainly can't be interest rates because they are negative.
>
> Appears to be due to German consumers taking a cautious approach to the
> future, and reining-in spending in favour of saving. Possibly might last a
> year?

‘Weak’ industrial activity apparently also shares the blame for the
recession along with reduced consumer spending.

--
Spike

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