5 ms·
It's not just ridiculous, but brilliant. The new German empire is most likely too fragile and legalistic to apply currency regulations to this.
by microcolonel 9y ago
It's not just ridiculous, but brilliant. The new German empire is most likely too fragile and legalistic to apply currency regulations to this.
- tom_mellior 9y agoEvery definition of the term "legalistic" that I find seems to be something like "intent on upholding the law". So... you're contradicting yourself?
- johnchristopher 9y agoWhat's the new German empire ? Today's Germany territory or the "Germanic" nations ? (or something else)
- aluhut 9y agoI bet 1 Estcoin that he was saying Europe is being controlled by Germany.
- Trundle 9y agoEU = German empire
- baxtr 9y agoOh you mean along the lines of World = US empire
- notwedtm 9y agoOh you mean along the lines of Some highly generalized social group = perceived leader of previously mentioned social group.
- nmca 9y agoCAPTCHA passed
- dashoffset 9y ago"World" is neither a political nor an economic union.
- rusk 9y agoI think the thing you have to remember about Germany, is that it's one of the top 5 exporting nations in the world up there with China, the US, Japan ... It's only as a matter of course that in any economic union such a force would have significant heft. Anyone that isn't happy with that can and should improve their export game.
- vk23 9y agoThe german export surplus has been criticized in the past for damaging the economy of other countries (esp. in the EU). It is not possible for every country to copy this system because someone has to import all the stuff you are exporting.
- rusk 9y agoI agree with this to a point, as an occupant of a peripheral nation. In particular how the depressed Euro helps them out because it reduces the cost of their exports. But, you simply can't argue with German productivity! Or the general quality of the goods they produce, and when it comes to getting good value groceries around Europe again it's the German supermarkets that are leading the way. There is a problem to solve with regards to how German economic activity is balanced with the social needs of the European area. My personal bug bear is how the peripheral nations are expected to foot the bill of maintaining the periphery themselves, while Germany sits cosily in the centre printing Euros for herself. But at the foot of Germany's success is doubtless her ability to manage her economy better than most, investment in education and to her fostering and nurturing of talent both home grown and from abroad.
- dazc 9y ago'...when it comes to getting good value groceries around Europe again it's the German supermarkets that are leading the way.' By producing cheap copies of established branded goods?
- rusk 9y agoNot quite. They sell quite a number of branded goods, including a large amount of stuff sourced from the local economy. But anyway, selling unbranded equivalents is pretty much standard across the industry. What knockoffs they do provide are typically of a fairly high standard. No I just think that it's all down to the fact that they're better at business. The weakest of these German chains is in my opinion Lidl, but I'd prefer to go there than the Tesco I have around the corner any day!