13 Apr 2008 chalst   » (Master)

What should I believe?
On Friday, the Financial Times tells me how Germans feel Schadenfreude towards Anglophone countries, because the economic pain those countries are suffering will pass them by, because of the fairly healthy state of the German finance system, growing internal demand, and because the peculiar makeup of Germany's export markets puts it in a good position to weather the coming global economic downturn.

On Saturday the Financial Times tells me how Germany is headed for a nasty fall, because domestic demand is faltering, and its export-centric economy is particularly vulnerable to the coming global economic downturn.

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