Overall, Germany’s economy at the purchasing manager’s level is contracting. And with Merkel masking a massive tax increase as a political cave to the rising Greens the future for Germany’s economic growth looks as bad as the following chart.
![](https://i2.wp.com/tomluongo.me/wp-content/uploads/2019/09/image-8.png?zoom=2.25&w=616&ssl=1)
https://tomluongo.me/2019/09/23/germany-collapse-accelerates-europe/