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An Industrial Crisis Is Brewing in Germany

In the darkest days of the 2009 recession, Germany’s industrial output was collapsing at an annual rate of more than 20%. An unfathomable implosion but one that thankfully ended almost as quickly as it started.Some 10 years on, a crisis is brewing once again in the country’s industrial

The Fed’s Worst Nightmare Could Be Around the Corner

The threat of stagflation — a toxic combination of a slowing economy combined with rising prices — could make Fed chair Jerome Powell’s job much more difficult.

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