The Germans have long been known for their poor living standards.
The Germans were poor as long as the industrial revolution was going on.
But since the 1970s, they have made great strides.
And this year, the government is aiming to make the Germans even poorer.
In Germany, the country’s economy has fallen by 7.5 per cent this year.
Many economists believe that is because of the government’s austerity policies and the economic slump.
In a bid to cut the budget deficit, the chancellor announced this year that the deficit would fall from 5.6 per cent of gross domestic product in 2016 to 2.8 per cent in 2021.
The figure is likely to fall even further, since the government wants to trim the state’s tax base.
The cuts will cost the state more than $3 trillion.
Inflation is also likely to rise.
The government’s latest inflation target is 4 per cent, meaning it is expecting to be in a recession by the end of 2021.
Many experts believe that the government will be forced to tighten its belt in the meantime.
With inflation soaring, the economy will be even more vulnerable to recession.
But economists say that the economy is not the only thing that needs tightening.
In fact, the biggest threat to the German economy is the fact that the country is spending less money than ever before.
In an interview with German news channel ARD, economist Andreas Dürr said the country could face a long and painful recovery.
He said the government needs to focus on strengthening its social security system.
Dürrs prediction comes despite the fact unemployment in Germany has been falling for several years now.
This has led to growing confidence in the German recovery.
The latest figures released by the OECD on Monday showed that the unemployment rate in Germany fell to 6.4 per cent.
But the real unemployment rate fell by 0.5 percentage points to 8.2 per cent last year.
This means that the actual unemployment rate for the country stands at just 3.7 per cent – far below the 5.5 percent predicted by the government.
The economic crisis has had a devastating impact on many of the German people, who have seen their wages fall by up to 40 per cent since the beginning of the year.
The economy has been particularly hard hit by the crisis, with wages falling by 10 per cent and unemployment rising by 3.8 percentage points.
In the latest report, economists found that the average income of a family of three dropped by $7,000, and that those earning the minimum wage fell by 13 per cent over the past year.
They also noted that the gap between the incomes of those earning between 60 and 70 per cent fell by almost 15 per cent during the same period.
A total of 10 per,000 Germans were unemployed last year, according to the statistics agency.
A recent study by the Institute for Economic Research (Ikon) showed that there were 4,800,000 people out of work, more than double the number in the autumn of 2020.
The country’s unemployment rate has also risen to 7.1 per cent from 7.0 per cent as of last year’s report.
This figure has been predicted to fall further, as the government works to boost the number of jobs.
The Ikon report noted that Germany’s economy was also experiencing a big slowdown.
In 2018, Germany’s gross domestic products fell by 2.3 per cent compared to 2019, according the statistics service BDI.
The slowest economic growth in the world is now being seen in Germany, where economic growth is only expected to slow further.