Likelihood of German Recession 'Clearly' Increasing: Ifo's Fuest

The transcript discusses the increasing likelihood of a recession due to reduced gas supplies and rising energy prices. It highlights concerns in energy-intensive industries and the broader economy, with potential impacts on consumer spending and investment. The discussion includes economic forecasts, preparations for a possible recession in 2023, and the risk of a collapse in the energy sector. The transcript also addresses the uncertainty affecting investment decisions and the potential for gas rationing or auctioning systems.

What is one of the main reasons for the increasing likelihood of a recession?

• Reduced gas supplies and rising energy prices

• Rising consumer confidence

• Decreasing energy prices

• Increased gas supplies from Russia

According to the transcript, when is a recession most likely to occur?

• This year

• Next year

• In two years

• It is not likely to occur

What is one of the government's strategies to handle the energy crisis?

• Lowering gas prices

• Implementing gas rationing or auctioning systems

• Increasing gas imports from other countries

• Reducing taxes on energy companies

What impact might high gas prices have on businesses?

• Higher profits for all companies

• Increased investment in new projects

• Some companies may be forced out of the market

• Decreased consumer spending on gas

What is a potential consequence of the uncertainty in gas supply?

• Immediate economic growth

• Increased investment in the energy sector

• Stability in the energy market

• Companies delaying investment projects