Freedom Thru Firepower
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Fruits of cultural diversity in Germs-many
I wonder what is keeping euro stronger despite high levels of inflation. Eurozone nominal economy is expanding due to inflation despite being in a recession/stagflation.Is Germany’s economic model doomed? | DW Business Beyond
Increased Income gap.I wonder what is keeping euro stronger despite high levels of inflation. Eurozone nominal economy is expanding due to inflation despite being in a recession/stagflation.
Do you actually think the Germans would countenance a takeover of crown jewels of Germany like Bayer or even BASF or VW by the Chinese ?Increased Income gap.
Higher prices of daily necessities.
Costly hosuing and transport.
All these are slow burns and does not reflect in economic statistics quickly.
Although I believe this economic depression shit is overblown.
Call me when there is mass protest all time high employment and people going hugngy.
They are so high up the ladder that a completely fall will take a long time.
If recession really is happening than we should try to replace their place in the world economy.
That is replacing Volkswagen with Tata and Mahindra.
Buying their Intellectual property and manpower.
Replacing Bayers with Sun Pharma.
Without these things making mockery of someone else's suffering bears no meaning.
Most likely China will be doing the above things.
The link isn't working .Is Germany’s economic model doomed? | DW Business Beyond
The link isn't working .
Here we go ...
Germany can only protect their crown jewels as long as they have surplus money to bail them out time and time again. For a country that has its policy dictated by US to a large extent and its own sense of self righteousness will pull them away from greener pastures.Do you actually think the Germans would countenance a takeover of crown jewels of Germany like Bayer or even BASF or VW by the Chinese ?
I think it is due to the general belief that it is the only credible alternative to the dollar. Probably a part of risk hedging. The other options: JPY is too volatile this year and Japan’s interest rates are too low. Pound is another option but UK economy and brexit has made it unreliable.I wonder what is keeping euro stronger despite high levels of inflation. Eurozone nominal economy is expanding due to inflation despite being in a recession/stagflation.
You're merely echoing what I put in that post of mine you've quoted.Germany can only protect their crown jewels as long as they have surplus money to bail them out time and time again. For a country that has its policy dictated by US to a large extent and its own sense of self righteousness will pull them away from greener pastures.
They don't need to buy out Crown jewels but their is are layers below it which they can penetrate to pick meat from a dying carcass.
Such as poaching German Talent, buying out small startups which in turn are connected to Crown jewels.
Just check out how many suppliers Siemens actually has.
It will not happen immediately but will happen eventually.
China already controls production and manufacturing machinery industry across the world.
They are what Germany was 60 years ago.
just one info, germany's GDP growth story is not 60 years old, it's about 40 years old or less, course correction starts mid 80's. around this time, they decided to move towards high value manufacturing.Germany can only protect their crown jewels as long as they have surplus money to bail them out time and time again. For a country that has its policy dictated by US to a large extent and its own sense of self righteousness will pull them away from greener pastures.
They don't need to buy out Crown jewels but their is are layers below it which they can penetrate to pick meat from a dying carcass.
Such as poaching German Talent, buying out small startups which in turn are connected to Crown jewels.
Just check out how many suppliers Siemens actually has.
It will not happen immediately but will happen eventually.
China already controls production and manufacturing machinery industry across the world.
They are what Germany was 60 years ago.