Germany’s Economy Cracking – Unemployment rate for refugees up to 65 percent
Germany’s growth rate is cracking with a new estimate cutting the projected 2019 rate by 44 percent from 1.8 percent to a mere 1 percent.
Peter Altmaier, the Minister of Economic Affairs and Energy, is blaming BREXIT and global trade, specifically the row with the US. In fact, Germany’s growth rate has been on a steady decline since 2017, while its inflation rate has been rising from a low of 0.39 percent in 2016 to a projected 1.78 percent in 2019.
With low fertility rates, a short supply of labor, and a welfare system stretched to max point propping up a 65 percent unemployment rate for refugees, Germany has failed to mediate the problem and instead blamed false factors in an attempt to conceal and censor the facts.
It becomes apparent that the failed Iran Nuclear Deal is now even more vital than ever to prop up an economy that is close to slithering into a recession.
https://voiceofeurope.com/2019/02/germanys-economy-cracking-unemploymant-rate-for-refugees-up-to-65-percent/#prettyPhoto