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Previous points aside,I think alot of Germany's strength also comes from its location in Europe with borders to Denmark, Poland, Czech Republic, Austria, Switzerland, France, Luxembourg, Belgium, Netherlands with a short link to the UK. Thats alot of markets within easy reach. It has a coastline and an excellent rail and road network. Statistics about Germany show that a large population with high education standards and good work ethic, combined with the factors above can be very successful.
The last GDP numbers I saw show Germany as very close to recession territory. They are an export driven economy, but there ain't a lot of buyers out there right now. If I'm not mistaken, they took steps some years ago to pare their gov't spending and keep taxes competitive.
The last GDP numbers I saw show Germany as very close to recession territory. They are an export driven economy, but there ain't a lot of buyers out there right now. If I'm not mistaken, they took steps some years ago to pare their gov't spending and keep taxes competitive.
I love people who make statements without providing a viable source. You better look at the numbers again , stupid.
They have a solid manufacturing base of high quality/highly sought products.
At the same time you have the German citizenry. A base of people that understand all to well that their consumer choices has a direct impact on each other. Something Americans have absolutely no clue on.
WalMart failed abysmally in Germany. Quickly opening 85 stores...they are all closed today. Every one of them.
Protectionist trade policies are not sustainable in today's world. If the eurozone folds, Germany's manufacturing base could take a major hit.
Germany's major trading partners are not in Western Europe.
The last GDP numbers I saw show Germany as very close to recession territory. They are an export driven economy, but there ain't a lot of buyers out there right now. If I'm not mistaken, they took steps some years ago to pare their gov't spending and keep taxes competitive.
I love people who make statements without providing a viable source. You better look at the numbers again , stupid.
Previous points aside,I think alot of Germany's strength also comes from its location in Europe with borders to Denmark, Poland, Czech Republic, Austria, Switzerland, France, Luxembourg, Belgium, Netherlands with a short link to the UK. Thats alot of markets within easy reach. It has a coastline and an excellent rail and road network. Statistics about Germany show that a large population with high education standards and good work ethic, combined with the factors above can be very successful.
How To Use Gross National Product As An IndicatorRather than austerity and tax reform, the real reason for Germany's prosperity the euro currency's fostering of Germany's trade surplus. Spain can be said to have managed its finances better than Germany did in the pre-crisis years.
Spain's Debt to GDP
Germany's Debt to GDP
Rather than austerity and tax reform, the real reason for Germany's prosperity the euro currency's fostering of Germany's trade surplus. Spain can be said to have managed its finances better than Germany did in the pre-crisis years.
Spain's Debt to GDP
Germany's Debt to GDP
You are a perfect example of how people only choose numbers that fit in their delusional and refrain from looking at other numbers as well as rational explanations of those numbers.
How To Use Gross National Product As An Indicator
Gross national product (GNP), an expression used to measure economic growth and wealth, is often misleading because of its limitations. There are certain situations when using GNP is useful, but if used improperly it can confuse and deceive.
Latest unemployment rates by Country:
USA 8.2
UK 8.2
France 9.8
Germany 7.4
Italy 10.20
Spain 24.4
Unemployment Rates, List by Country
These numbers do not reflect the number of people who do not ever look for work or have worked but no are longer looking for work.
Angela Merkel is the current Chancellor of Germany. She assumed office in 2005.
Prior
Rather than austerity and tax reform, the real reason for Germany's prosperity the euro currency's fostering of Germany's trade surplus. Spain can be said to have managed its finances better than Germany did in the pre-crisis years.
Spain's Debt to GDP
Germany's Debt to GDP
You are a perfect example of how people only choose numbers that fit in their delusional and refrain from looking at other numbers as well as rational explanations of those numbers.
How To Use Gross National Product As An Indicator
Gross national product (GNP), an expression used to measure economic growth and wealth, is often misleading because of its limitations. There are certain situations when using GNP is useful, but if used improperly it can confuse and deceive.
Latest unemployment rates by Country:
USA 8.2
UK 8.2
France 9.8
Germany 7.4
Italy 10.20
Spain 24.4
Unemployment Rates, List by Country
These numbers do not reflect the number of people who do not ever look for work or have worked but no are longer looking for work.
Angela Merkel is the current Chancellor of Germany. She assumed office in 2005.
Prior
Rather than austerity and tax reform, the real reason for Germany's prosperity the euro currency's fostering of Germany's trade surplus. Spain can be said to have managed its finances better than Germany did in the pre-crisis years.
Spain's Debt to GDP
Germany's Debt to GDP
You are a perfect example of how people only choose numbers that fit in their delusional and refrain from looking at other numbers as well as rational explanations of those numbers.
How To Use Gross National Product As An Indicator
Gross national product (GNP), an expression used to measure economic growth and wealth, is often misleading because of its limitations. There are certain situations when using GNP is useful, but if used improperly it can confuse and deceive.
My point was that austerity did not make Germany's economy great. The Spanish government could be said to have been more austere than the German government.
The huge disruption in capital flows is what is causing Spain's current misery.
The Gross Domestic Product per capita in Spain was last reported at 32070.08 US dollars in 2010, when adjusted by purchasing power parity (PPP), according to a report published by the World Bank. The GDP per Capita, in Spain, when adjusted by Purchasing Power Parity is equivalent to 146 percent of the world's average. Historically, from 1980 until 2010, Spain GDP per capita PPP averaged 18055.0300 USD reaching an all time high of 33200.7700 USD in December of 2008 and a record low of 6850.2700 USD in December of 1980. The GDP per capita PPP is obtained by dividing the countrys gross domestic product, adjusted by purchasing power parity, by the total population. This page includes a chart with historical data for Spain GDP per capita PPP.
The Gross Domestic Product per capita in Germany was last reported at 37260.16 US dollars in 2010, when adjusted by purchasing power parity (PPP), according to a report published by the World Bank. The GDP per Capita, in Germany, when adjusted by Purchasing Power Parity is equivalent to 170 percent of the world's average. Historically, from 1980 until 2010, Germany GDP per capita PPP averaged 22595.3000 USD reaching an all time high of 37260.1600 USD in December of 2010 and a record low of 9781.3500 USD in December of 1980. The GDP per capita PPP is obtained by dividing the countrys gross domestic product, adjusted by purchasing power parity, by the total population. This page includes a chart with historical data for Germany GDP per capita PPP.
Since being sworn in as chancellor on November 22nd, 2005, Merkel has led a Grand coalition consisting of the CDU, CSU, and the Social Democratic Party of Germany (SPD), while also continuing her free-market economic agenda and relationship with the United States. She has also been focusing on redesigning the German health care system and tax reform.
You still have not provided a viable source to prove that austerity did not make Germany's economy great.
You still have not provided a viable source to prove that austerity did not make Germany's economy great.
lllllRather than austerity and tax reform, the real reason for Germany's prosperity the euro currency's fostering of Germany's trade surplus. Spain can be said to have managed its finances better than Germany did in the pre-crisis years.
Spain's Debt to GDP
Germany's Debt to GDP
You are a perfect example of how people only choose numbers that fit in their delusional and refrain from looking at other numbers as well as rational explanations of those numbers.
How To Use Gross National Product As An Indicator
Gross national product (GNP), an expression used to measure economic growth and wealth, is often misleading because of its limitations. There are certain situations when using GNP is useful, but if used improperly it can confuse and deceive.
Latest unemployment rates by Country:
USA 8.2
UK 8.2
France 9.8
Germany 7.4
Italy 10.20
Spain 24.4
Unemployment Rates, List by Country
These numbers do not reflect the number of people who do not ever look for work or have worked but no are longer looking for work.
Angela Merkel is the current Chancellor of Germany. She assumed office in 2005.
Prior
My point was that austerity did not make Germany's economy great. The Spanish government could be said to have been more austere than the German government.
The huge disruption in capital flows is what is causing Spain's current misery.
lllll
lllll
Do you have anything else to say?
You still have not provided a viable source to prove that austerity did not make Germany's economy great.
Just what the fuck do you not understand about Spain's government consistently posting smaller budget deficits than Germany's government did.?
Spain Government Budget
Germany Government Budget
Spain's government posted budget surpluses in 2006, 2007, and 2008.
Germany's government only posted a budget surplus in 2008, and it was small compared to Spain's.
My point was that austerity did not make Germany's economy great.
My point is that Spain was more austere than Germany under Merkel's first years was.You still have not provided a viable source to prove that austerity did not make Germany's economy great.
Just what the fuck do you not understand about Spain's government consistently posting smaller budget deficits than Germany's government did.?
Spain Government Budget
Germany Government Budget
Spain's government posted budget surpluses in 2006, 2007, and 2008.
Germany's government only posted a budget surplus in 2008, and it was small compared to Spain's.
What about 2009 - 1st Quarter 2012? Do you think nothing has changed during this period?
The DATA exists. Obviously, your research skills are quite poor or you would have found it.
Nice language. Do you eat with that mouth?
My point was that austerity did not make Germany's economy great.
The Germans obviously disagree which explains why they are urging austerity, i.e., fiscal responsibility on the World.
