It's good to be Germany, rest of Europe, not so sure

[Beco]

Why is nothing major being done to address the massive human tragedy that is the European economy?
This chart from Danske Bank will give you a good hint.


Nothing can get done without the approval of Germany, and frankly, Germany would be insane to mess with the current status quo. Just insane.
Who else can boast that its unemployment rate is substantially below where it was before the financial crisis?
So, tight money, low inflation, austerity. It's working great for the country that has the power.

 

[mercury14]

I hear it's good to be Belg.

 

[blue_pearl_85]

European monetary policy is run so as to minimize inflation and unemployment in Germany. The rest of the continent, apparently, can f--- off as far as the ECB is concerned.

 

[Squibbs]

Human tragedy?

 

[Liar]

You mean the rest of Euroland, not Europe. Big difference.

The UK is tanking separately, because they're lead by morons.

 

[hobbit.]

the nazi bastards never could run an empire, now they cant even start one....

 

[unregistered]

 

[hobbit.]

Sean has too much influence.

you ever heard the phrase 'yellow tory liar' ?

it suits you.

 

[Liar]

you ever heard the phrase 'yellow tory liar' ?

it suits you.

Since it's not 'murrica, what are the odds he even knows what a tory is?

 

[hobbit.]

Since it's not 'murrica, what are the odds he even knows what a tory is?

broadly similar to the odds of him knowing what day it is?

 

[Dazzle1]

Why is nothing major being done to address the massive human tragedy that is the European economy?
This chart from Danske Bank will give you a good hint.


Nothing can get done without the approval of Germany, and frankly, Germany would be insane to mess with the current status quo. Just insane.
Who else can boast that its unemployment rate is substantially below where it was before the financial crisis?
So, tight money, low inflation, austerity. It's working great for the country that has the power.

Sorry I am on germany's side on this. they have acted responsibility and I can tell you as an american the only companies I found that had a responsbile sense of commitment were german ones.

Time for you lazy Europeans in Spain ,Italy and Greece to work till you are 65 like most of the world

 

[JohnnySavage]

Sorry I am on germany's side on this. they have acted responsibility and I can tell you as an american the only companies I found that had a responsbile sense of commitment were german ones.

Time for you lazy Europeans in Spain ,Italy and Greece to work till you are 65 like most of the world

I thought you were one of those that are opposed to strict business/labor regulation, heavy investment in alternative energy and socialized medicine.

Are you coming around? Next you're going to be using correct grammar and spelling in your posts!

 

[RobDownSouth]

I thought you were one of those that are opposed to strict business/labor regulation, heavy investment in alternative energy and socialized medicine.

Are you coming around? Next you're going to be using correct grammar and spelling in your posts!

You, sir, are quite the optimist.

 

[Scotsman69]

I'm very proud to be Scots. The sooner we're no longer in the UK the better. Oh, and then the UK will no longer exist. It's the UK only because the English ran out of monarchs, and had to invite the Scots to provide one for them.

 

[Scotsman69]

And I'm also proud that Scotland will remain in the EU. The faltering Tories, provoked by the threat of UKIP, will withdraw England from the EU. Their problem, not mine.

 

[Bad_Doggie]

Why is nothing major being done to address the massive human tragedy that is the European economy?

So what’s new? The rich and powerful skew things to their advantage; Germany is the “superpower” in Europe.

So, tight money, low inflation, austerity. It's working great for the country that has the power.

Yeah but this is not in isolation since the founding of the Bundesrepublik Deutschland, it’s economy has been run on the lines of a regulated social market economy which has resulted in 70 years of slow, but, sustainable growth. Which for the most part avoided UK/US boom and bust cycles and the irresponsible borrowing and political incompetence that are prevalent elsewhere in Europe.

And this is not alone they have invested heavily, have heavy business/labour/banking regulation and cradle to the grave social policies.
It’s working, probably better than any other economic model at the moment.

Woof!