Harsh Wind
(Germany) on 16 August 2011
by Steffen Höhne (link to original )
During the past few weeks, the drop in prices on the international stock exchanges has not led to a new economic crisis. However, certain individual exaggerations with regard to the stock market have found fine seismographs for measuring the coming economic developments so far. The high national debts of the industrial nations and the weak U.S. economic situation burden the world economy. The United States’ economy plunged in the recession — none of the other countries’ economies are excluded from this — and thus, it pulled the German economy downward with it. This is the way it has been up until now.
Therefore, the German companies were well-advised to get themselves ready for a stormy autumn. In Saxon-Anhalt, however, several industrial companies are presently working at full capacity. Therefore, even a harsh wind might not so quickly unbalance the situation.
Good translation work!