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Germany is rich ever in the debt crisis
![]() | lynn1988
Join Date: Nov 2011 Posts: 24 China ![]() ![]() |
2012-06-03 183751
According to the news, Spain is about to crash due to the huge budget deficit and large-scale unemployment. Most of the european countries are struggling and suffering, while Germany is enjoying the prosperous, why is that? The loose currency policy or the thriving real estate?
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Germany is rich ever in the debt crisis
![]() | auerbach
Join Date: Sep 2007 Posts: 2168 West of Toronto ![]() ![]() |
2012-06-04 183754
Partly the relatively good compliance with the tax laws.
Mainly the work ethic with the industrial base (think of shopping for a German car vs. a Spanish one). ....
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Germany is rich ever in the debt crisis
![]() | kthompson
Join Date: Oct 2005 Posts: 5275 South Carolina ![]() ![]() |
2012-06-04 183766
You know Auerbach you may be hit on a simple guide line on what the economy of a country is like: the quality of their autos.
And if no autos made there still a good indicator... ....
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