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Forums > Active Threads > General Tractor Discussions > Everything and Anything

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Germany is rich ever in the debt crisis

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lynn1988
Join Date: Nov 2011
Posts: 24 China
TractorPoint Premium Member -- 5 Tractors = Very Frequent Poster  View my Photos  Pics

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

View my Photos
auerbach
Join Date: Sep 2007
Posts: 2168 West of Toronto
TractorPoint Premium Member -- 5 Tractors = Very Frequent Poster  View my Photos  Pics

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

View my Photos
kthompson
Join Date: Oct 2005
Posts: 5219 South Carolina
TractorPoint Premium Member -- 5 Tractors = Very Frequent Poster  View my Photos  Pics

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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