It Is Not Just Germany.

Pretty much all of EU (and US) economic statistics is a financial legerdemain and it is just the start of strangling of EU economy in earnest. 

German Finance Minister Christian Lindner said that his country is getting poorer because of its failure to generate economic growth. Speaking at a Bloomberg event in Frankfurt on Monday, the leader of the market-friendly Free Democrats acknowledged that it’s hard to avoid the implications of an extended period of little or no expansion.“We are no longer competitive,” he said. “We are getting poorer because we have no growth. We are falling behind.” Lindner’s remarks highlight the predicament faced by Europe’s biggest economy as it enters a second post-pandemic year when expansion is anticipated to turn out feeble at best. 

Germany has been hit harder simply because the US views her as a main competitor in EU and as a "locomotive" of EU's economy. Locomotive being a misnomer, of course, more like a handcar. Again, it is the globalist model which is in a free fall. And don't let me started on Military-Industrial Complex of Europe. Good luck with new tanks, combat aircraft and other things. F-35 for everyone)) Rafale? Forget it--it begins to near obsolescence plus France cannot produce enough on time. So, yeah, now it seems that whatever is being left of 404 is being "given" as a "gift" to EU by the US--let EU taxpayer foot the bill for keeping this quasi-country afloat... for now. LOL. Recall, I warned about it...