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Gloomy outlook for next 10 years

Discussion in 'German Property' started by Sumarokov-Elston, Nov 8, 2008.

  1. german ophile

    german ophile New Member

    Sadly, one of the greatest problems with the German market and the German economy itself is the attitude of the Germans. They have been struck down by the most terrible pessimism. And the structure of the government is such as to prevent any great reformer from coming along and making the necessary changes.

    Of course, you can understand why they have structured things in this way...
     
  2. neustria

    neustria New Member

    Sadly, one of the greatest problems with the German market and the German economy itself is the attitude of the Germans. They have been struck down by the most terrible pessimism.
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    The pessimism is general, not just in Germany. Nobody knows where the current global crisis is leading us and until we get a clearer picture, many are waiting on the sidelines, and are putting off committing themselves. The expression "the most terrible pessimism" as you use it implies that a vision of a sombre future is somehow unjustified by recent developments. But can you really say that?
    I am assuming from the tone of your post that you are yourself a professional in the real estate sector. Your sector, like those of the home builders, finance, and the auto makers, has fallen on hard times. Your customers will return when the future looks brighter. You can hardly blame them I don't think. Only in the future will we know whether today's pessimism was, or was not, justified.
     
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