Article

2010-08-14 Economy

German economy soars at fastest pace in 2 decades

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Posted by Fred 2010-08-14 00:00|| || Front Page|| [4 views ] Top

#1 hmmm frugal monetary policy and free market enterprise succeeding.
Chairman Zero should take note of this.
Unless he's too much of an idealog.

Posted by Mike Hunt 2010-08-14 01:55|| 2010-08-14 01:55|| Front Page Top

#2 Interesting. The jump in the US trade deficit a couple of days ago, largely due to a fall in exports pointed to a slowing world economy. This points in the opposite direction, or maybe Germany is doing the right things while the US isn't.

Posted by phil_b 2010-08-14 05:29|| 2010-08-14 05:29|| Front Page Top

#3 Getting govt spending under control will help. ABC-123 elementary. As far as size of its economy, Greece is minuscule. Germany is significant. The US is huge. The US is behaving like Greece, and will become an economic basket case like Greece if we let Zero and his democrat and RINO cads systematically destroy our economy.

Posted by Alaska Paul 2010-08-14 14:14|| 2010-08-14 14:14|| Front Page Top

#4 It is "soaring" because the Germans look after the interests and the economy of the GERMANS! They don't give a damn about China and the rest of the third world.

Posted by Besoeker 2010-08-14 16:17|| 2010-08-14 16:17|| Front Page Top

#5 Germany is the world's largest exporter.

Germany
$ 1,121,000,000,000
2009 est.
United States
$ 994,700,000,000
2009 est.

The main difference is that German companies produce relatively little overseas, and most of what they do make outside Germany is in eastern Europe.

Germany companies haven't exported their knowhow and hence German jobs. Which is the aspect of globalization nobody wants to talk about.

Posted by phil_b 2010-08-14 19:12|| 2010-08-14 19:12|| Front Page Top

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