3 ms·
No one is saying to make German goods worse. This is completely missing the point. The real problem is that the German export sector is benefiting enormously f
by patrickk 12y ago
No one is saying to make German goods worse. This is completely missing the point.
The real problem is that the German export sector is benefiting enormously from having a currency that is tied to economies that have high levels of debt, creating huge problems in other Eurozone countries on the periphery (removing tools from policymakers like devaluation), making it more difficult to reduce unemployment and drag themselves out of recession.
Not everyone can be a big exporter like Germany by definition, some countries must be net importers.