German chancellor Scholz: Our companies need help immediately

• Our companies need support immediately, anybody who refuses that is acting irresponsibly
• Germany will have to take responsibility and help Europe hold together
• After US elections we need to show we could be relied on
• But finance minister Lindner showed no willingness to implement any of our proposals
• Of all the rich democracies, we have by far the lowest debt

This sounds like a guy who is in for a rough ride. I still can’t believe the DAX opened so strongly before it turned around to finish 1.1% lower.

This article was written by Adam Button at www.forexlive.com.