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Yeah, yours is a laughably simplistic analysis: the good/hard-working Germans vs lavish-spending Greeks. For someone so focused on 'resources', you ignore the b
by wutangson1 11y ago
Yeah, yours is a laughably simplistic analysis: the good/hard-working Germans vs lavish-spending Greeks. For someone so focused on 'resources', you ignore the basic economic tenant- "supply equals demand".
German/EU banks lent money to Greece and other EU countries so their would be a market for Germany to sell its wares. Hate to break it to you, but Germany was being artificially propped up as a heavy industry power house. How else do you think VW, Opel, Daimler, and makers of defective submarines could employ such 'hardworking' German worker bees to sell those products abroad?