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Showing posts with label Herman economy. Show all posts
Showing posts with label Herman economy. Show all posts
2010/10/10
From crisis to markets overheat?
German source IBV: the economy 2010 may even outperform its results from 2008. The economy which shrank by 21% in 2009,and was supposed to be growing by 5% in 2010. A few weeks later the forecast was upgraded to 10% and now they speak of "overheating" the economy and is some cases revenues growth has exceeded 60% over 2009, confirms Mr Christoph Zollitsch. It is hard to believe the market situation at such a level is not sustainable for longer than a quarter.
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