• News/Talk
  • Music
  • Entertainment

Marketplace

Marketplace Off Air

German prudence great for rainy days

We’ve been covering Germany quite a bit this week, as the country has officially gone into recession. But according to U.K.’s Telegraph, it may be in a better position than other countries to battle a downturn.

A large trade surplus is partially to blame here, and the cautious nature of Germans is another. But even when their situation appears rosier than others’, they’re still reserved about the future. Better safe than sorry, especially right now.

For a more dynamic view of German fiscal policy, check out an in-depth analysis in this week’s Economist.

  • November 14, 2008 — Melissa Kaplan
  • 0 comments

Post a comment

 


Comment preview will appear below.
If responding to another comment, your comment will appear below the original comment when it's published.

The following HTML tags are allowed in your comments:
+ Bold: <b>Text</b>
+ Italic: <i>Text</i>
+ Link: <a href="http://url" target="_blank">Link</a>

Subscribe to RSS



Latest Posts

 ©2007 American Public Media