Germany’s Double Dip Recession Risk ‘Certainly Rising’: Ifo’s Fuest

The transcript discusses the economic impact of government restrictions in Europe, the potential for a double-dip recession, and the influence of the US elections on European economies. It highlights the challenges faced by the IT industry and the differing impacts on manufacturing and services. The discussion also covers the importance of maintaining economic activity through differentiated lockdown measures and the recovery of trade, particularly between Germany and China.

What is the significance of social consumption in the context of Germany's GDP?

What are the differing views between manufacturing companies and services companies regarding government support?