Just to give us a bit more information on how well the European Union works. It’s entirely possible that we’re looking at another recession over there already. Yes, fair enough, this is a couple of indicators, no more, but, you know, some of them matter.
And wouldn’t it be just a glorious justification of the euro if it managed to go back into recession without having really left the last one?
Germany’s manufacturing sector remained stuck contraction in May, according to the latest PMI® data from IHS Markit and BME.