German Exports Slump Most Since Jan 09 = exports top trillion euro mark + German Industrial Output Falls Unexpectedly In Dec = Trade Figures Pose Growth Risk

[mEDITate-OR:
not learn that Germany is throwing out their "baby"...
along with Greece's bathwater.
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However, there are those who have been to Greece...
who tell U.S. that The Greeks don't take baths.
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Exports down by 4.3% in December. Industrial production down by 2.9% in the same month.
An economy on the skids? It certainly looks that way.
Are we talking about Greece? No. Portugal? Think again.
The economy in question here is Germany,
which has started to post the sort of data that smacks of a double-dip recession in Europe's biggest economy.
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German exports fell in December;
Exports rose 11.4% in 2011 to €1.06trn
http://www.finfacts.ie/irishfinancenews/article_1023892.shtml
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Austerity is turning Germany into a basket case too
http://www.guardian.co.uk/business/economics-blog/2012/feb/08/austerity-germany-basket-case
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German Exports Slump Most Since Jan 09
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German Industrial Output Falls Unexpectedly In December
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Trade Figures Pose Growth Risk
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