The other side of 2015.75 is not going to be pretty. The first news on the German industrial production report dropped 4% from July to August, versus an expected decline of 1.5%. This is a very alarming huge month-on-month drop, the largest in the past five years. This now brings a shocking reality since the month saw a 2.8% drop on the same month last year. Everything is turning down hard from factory orders onward and now we have the VW scandal. Even the resale values on Volkswagen’s diesel cars in the U.S. have collapsed dropping 13% according to the Kelly Blue Book.

Germany is the core of the European economy. Our models are warning we are looking at a very steep economic decline and this contagion will inflect the USA now with the turn on 2015.75. This is no time for Germany to get caught up in refugees since the weather in Germany will be colder this year than before and these people are not suited to cold weather.