"relatively good news coming out of Germany should be viewed as a regional development within a larger economy, and that Germany — as Europe’s center of durable goods manufacturing — bore some resemblance to the industrial midwest, which was also experiencing a bounceback as manufacturing revived.
.....Now there are signs that this expansion is faltering — but so is expansion in Germany."
too bad he didn't look at this in a longer perspective
germany versus the mid west from say 1947 to today
that would indeed enlighten us eh ??
