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It seems like Europe is in the biggest mess for decades. However there is one Country that seems to simply ignoring it. German Authorities predict economy growth for Germany although the rest of Europe is in a debt crisis. How do the Germans do it?
It seems like Europe is in the biggest mess for decades. However there is one Country that seems to simply ignoring it. German Authorities predict economy growth for Germany although the rest of Europe is in a debt crisis. How do the Germans do it?
Introduction of the euro which bypassed exchange rates making German goods to cheap.
* Expensive real estate makes you poor
* Single currencies strengthen strong economies and further weaken weak economies.
Britain knows one game which is why they stayed out of the euro, though they blew principle #1.
Very interesting article regarding housing in Germany. Interesting, penalties if you sell an investment property within 10 yrs. I guess that's an easy way to avoid a bubble.
Very interesting article regarding housing in Germany. Interesting, penalties if you sell an investment property within 10 yrs. I guess that's an easy way to avoid a bubble.
Henry George wrote about it two depressions ago in the 1870s. Wonder why he was compared to Plato?
* predicted poverty will not be prevented with progress because of land speculation. George Jetson? Nope.
* predicted Marxism would lead to despotism.
* predicted high land prices cause boom bust cycles.
You tax land and especially land speculation. Land has value but isn't a reward for production. After that, go after other material monopolies.
Germans are more concerned about helping Germans than Americans looking out for Americans. IE the look for "made in Germany" to a higher degree.
Some stereotypes are true. On average a German is really more a natural machinist, engineer, other technical discipline.
See the description above about how the Euro stengthened the strongest and weakened the weakest.
It seems like America likes to attack countries. I guess it's just in there culture.
Hey, what are you going to do when you spend $680 billion on defense, just watch the weapons rust? Please.
But seriously, have you considered where Europe would be right now if the US didn't have that size military? If Obama gets re-elected, you may find out.
Some stereotypes are true. On average a German is really more a natural machinist, engineer, other technical discipline.
Or that children were influenced by their adult role models to seek vocations in similar fields.
Not unlike a welfare child seeking to emulate its role models and become a public charge.
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