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thanks Amezarak, good points. i think striving for net exporter is only a race to the bottom if you use one tool to get there. but if a country innovates thei
by iamjdg 12y ago
thanks Amezarak, good points.
i think striving for net exporter is only a race to the bottom if you use one tool to get there. but if a country innovates their way there, is it not a race to the top?
germany finally bent a bit letting the eurozone printing money. i like to see it as germany trying to steer the eurozone into real economic growth rather than fake growth (unleashing new money at a low interest rate(. everyone is applauding the us econmic recovery, but it is not real growth, and they will have to pay the debt piper some day.
i generally agree universities are bloated and to expensive, gravy trains for some, huge financial burdens to most.
i was a community college kid who transferred to a 4 year.
- creshal 12y ago> germany finally bent a bit letting the eurozone printing money This money is needed to sustain Germany's export as much as it is needed to sustain Greece's and Spain's and Italy's import… because guess where Germany's exports go? The Eurozone can only function if there's (internally) a trade equilibrium.