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That's an interesting point. After the reunification, Germany, as a country, is the poster child of economic success. The balance of trade of Germany, has been
by RobertoG 4y ago
That's an interesting point.
After the reunification, Germany, as a country, is the poster child of economic success. The balance of trade of Germany, has been just ridiculous. Still, the conditions of the average German have not improve, if something, they are worst.
So, where are all that wealth going? I suppose if you ask the politicians they will tell you that to those lazy guys in the south. Well, that's not it. The Germans should take a good look at what's going on there.
Is that the model others should copy?
- turbinerneiter 4y agoGermany has a lower gini coefficient than Spain. Germany is higher on the quality of life indexes as well. Also, you keep railing about "the lazy guys in the south". I'm sorry these stereotypes exist. I don't believe them. Do you seriously believe the problems of the Spanish economy are all because of Germany? There is absolutely not even a single thing that Spain is doing wrong?
- RobertoG 4y agoThere are many things that Spain have done wrong, but the most important one is that it gave away power over its currency to people that have not its best interest in mind. https://marketmonetarist.com/2015/07/14/the-euro-a-monetary-strangulation-mechanism/ https://marketmonetarist.com/2015/07/14/the-euro-a-monetary-...