Germany's new 'great depression'

[BigBadBrian]

Originally posted by kentuckyklira
Why don´t you re-read the article on the same topic - I believe - you posted some time ago? It was pretty clearly and simply explained there!

BTW, what´s an ambitious college-kid like you doing trolling an internet forum instead of attending class at this time of day on a tuesday??

For MBA programs, most classes are in the evening. :p

[Big Train]

No matter how they count it, the German economy is FUCKED UP...how's that for facts? Anyone care to disagree?

We have our problems too, but it's a global economy now bitches, whats bad for us is worse for China and Europe. China may own a lot of US debt, but without the trade imbalance to fuel their growth, they are just as prone to recession, job loss etc.. as we are.

[kentuckyklira]

Originally posted by Big Train
No matter how they count it, the German economy is FUCKED UP...how's that for facts? Anyone care to disagree?

We have our problems too, but it's a global economy now bitches, whats bad for us is worse for China and Europe. China may own a lot of US debt, but without the trade imbalance to fuel their growth, they are just as prone to recession, job loss etc.. as we are.

I wouldn´t say "fucked up", but we could certainly do better.

The economy of a society with a huge trade surplus and without a growing population and workforce isn´t "fucked up" with a 1,5% growth rate.

I´ll admit openly, that we´ve got other problems that could easily be solved if our growth rate was a bit higher.

[Nickdfresh]

Originally posted by kentuckyklira
I wouldn´t say "fucked up", but we could certainly do better.

The economy of a society with a huge trade surplus and without a growing population and workforce isn´t "fucked up" with a 1,5% growth rate.

I´ll admit openly, that we´ve got other problems that could easily be solved if our growth rate was a bit higher.

My brother and I golfed with a German guy over the summer. He was an older travelling salesman, and really nice dude, and played one-hell of a game !

But he said Germany "was expensive as hell!" And that he really enjoined recreational stuff in the US because it was so much cheaper.

[kentuckyklira]

Originally posted by Nickdfresh
My brother and I golfed with a German guy over the summer. He was an older travelling salesman, and really nice dude, and played one-hell of a game !

But he said Germany "was expensive as hell!" And that he really enjoined recreational stuff in the US because it was so much cheaper.

10$ hookers!