See the German Budget Deficit With Your Own Eyes

It is a recession when this

GRAPH: Take note that Germans actual 2009 budget deficit rose 21-fold to €105.5 billion or more than double the projection, it was announced on Wednesday.

turns into this:

Communities now resort to slowing down traffic to 30 kph (and probably ticketing drivers) as they cannot afford to fix potholes anymore, German motorist association ADAC complains in a news snippet in the German quality weekly "Die Zeit."
See the terrible results of the biggest speculative bubble in history with your own eyes. It is all around you. 

 Toni Straka

Editor, the Prudent Investor

Toni Straka is an INDEPENDENT Certified Financial Analyst (OeVFA, EFFAS) who worked as a financial journalist for 15+ years and now evaluates global market trends. Analyzing financial and political news permanently he wants to share his insight with those who understand that we are in an era of global redistribution of wealth. The US-European centric approach does not work anymore. Five billion people in the developing countries now demand their fair share of the world's resources.