The problems that Germany is struggling with economically should not be underestimated.

Sharply rising consumer prices, a lack of material supplies in the companies and a never-ending pandemic that is weakening consumption - that is enough material for a real crisis.

This quarter, Germany is most likely to slip into recession.

Nevertheless, the Federal Minister of Economics and the leading research institutes are certain that things will pick up again in the spring.

Your word in God's ears.

It could all go a lot worse.

Inflation and the course of the corona virus are hardly predictable.

If, for example, Omikron gets out of control in China, Germany is threatened with the next severe setback.

Above all, the Ukrainian-Russian conflict hovers, which could cause an economic shock far across the region and make energy more expensive.

The German influence on all of these risks is limited, which is why one thing prevails from an economic point of view: the principle of hope.