...
It's time for you Julios to realize that you're not worth what you cost. It's high time the Krauts teach you about economics 101.
Quoting: Anonymous Coward 19550911 Spain is the 5th biggest economy in Europe if Spain goes the Euro goes. If the Euro goes then Germany will have to go back to the Deutsche Mark which will be higher than the British pound therefore bye bye export economy. The only reason Germany has been doing so well the last decade is due to the fact that the Euro is very cheap compared to the level the Deutsche Mark would have been, fueling the sale of German products abroad.
excuse my english, anyways:
This is what the media is telling everyone but this is not fully correct. during the euro we (Germany) had to reduce production costs over 20% ("real devaluation") to be compatative as we have had a "mass unemploiment right after euro introduction. (south eurp increased price lvl 30%)
We have done it with shitty paid jobs and "Agenda 2010" and more crap. just imagine we have 7 million people working 400 € jobs (montly income) and millions more working 45h a week (like me) earning after tax 900€ most had not even inflation adjustment for a decade!
we NEVER had an export surplus!! we had an import deficide! we had the "Red Light" of worst investment all over europ. Yeah "People" say we are productive but in real we are just bending over and worked like slaves with the majority of people getting sucked dry.
at the moment "germany" is doing "well" because the money flow is going to germany on a massive scale (due to crisis) and it stimulates some! investment.
I have enough of seeing my ill father working 12h a day and getting more depressed each day.
THE DAY OF RECKONING WILL SOON BE!
