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Europe in crisis mode, Germany's in trouble
Fox Business ^ | 8/17/19 | Henry Fernandez

Posted on 08/19/2019 6:02:09 AM PDT by Moonman62

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To: Moonman62
Why doesn't the German government want to do tax cuts and regulation cuts to stimulate their economy?

Germany will NEVER relinquish control over their citizens. It's not their way.

21 posted on 08/19/2019 8:22:22 AM PDT by Jeff Chandler (This Space For Rant)
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To: robowombat
Change the demographic

First the global elite brainwashed the first world populace into believing having children was irresponsible. Of course, driving BMWs, eating at fancy restaurants, and vacationing in Spain were the Krauts' rewards for their voluntary sterility.

22 posted on 08/19/2019 8:28:37 AM PDT by Jeff Chandler (This Space For Rant)
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To: HotHunt

“.....
I also read sometime back, that Merkel knew the German birth rate was not sufficient to sustain their population, and in turn their work force, so she decided to import workers from the Muslim countries of make up for the shortfall.
....”

So important 100s of thousands if not millions of uneducated illiterates - illiterate not only in German but their own native language. Additionally these imports are a total societal dysfunctional match to German secular society as well as what’s left of German Christian society. To be the new bottom of the German economic barrel to ‘work” clean the sewers, sweep the streets, etc. Is a good idea?
Over time are they going to be happy with that “bottom” or will be the modern “sans culottes” for Germany.

So what could go wrong?

No wonder we beat them to the atom bomb!


23 posted on 08/19/2019 8:31:27 AM PDT by Reily
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To: cuban leaf

Boy have you hit a sore spot with me.

I have a family member who is a retired school teacher. Very conservative in his views, but voted for Democrats his entire life because his union told him to.

It’s all about the pensions, dontcha know.


24 posted on 08/19/2019 8:45:10 AM PDT by Buckeye McFrog (Patrick Henry would have been an anti-vaxxer.)
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To: allendale

My brother who lives in Russelsheim and I were talking about his electric bill last week.Seems he pays 32 cents a kilowatt hour.


25 posted on 08/19/2019 8:45:17 AM PDT by Farmer Dean (168 grains of instant conflict resolution)
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To: HotHunt

Yup.

Germany has a technologically advanced industrial economy.
The average Syrian refugee likely has a fourth-grade education.

Frau Merkel couldn’t connect those dots apparently.


26 posted on 08/19/2019 8:46:47 AM PDT by Buckeye McFrog (Patrick Henry would have been an anti-vaxxer.)
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To: Buckeye McFrog

Roger that.


27 posted on 08/19/2019 8:49:29 AM PDT by HotHunt (Been there. Done that.)
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To: Moonman62

28 posted on 08/19/2019 8:52:04 AM PDT by dfwgator (Endut! Hoch Hech!)
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To: DIRTYSECRET

“All the Moozlems imported will grow the economy.”

Could muzzies on treadmill or hamster wheel generators be an alternative renewable energy source?


29 posted on 08/19/2019 8:53:42 AM PDT by polymuser (It's discouraging to think how many people are shocked by honesty and how few by deceit. Noel Coward)
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To: Farmer Dean

His taxes also pay the subsidies to the power companies. This adds to the true cost of his electricity. The cost will only increase. Cheap reliable electricity is absolutely necessary for economic growth in developed countries. Without reliable cheap electricity there is poverty, social unrest and political instability in the not so “developing” world.


30 posted on 08/19/2019 9:00:50 AM PDT by allendale (.)
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To: BeauBo

The Brits were the smart ones getting out of that mess...


31 posted on 08/19/2019 9:19:30 AM PDT by GOPJ (Epstein - Child-Rape Pimp for White Liberal Elites... FOB - Friend of Bill...Invisible to the NYT's)
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To: Moonman62

And this has what to do with U.S. tariffs on China? Zero, zip, zilch, nada.

Yet, watch the media (below) try to pin the coming recession in Europe on U.S. tariffs. The fact is that Europe is slowing down for reasons of multiple European (EU) policies and multiple policies of multiple EU countries.

“Brenner added Europe’s lack of control over the trade war Opens a New Window. between the U.S. and China will most likely create a global recession Opens a New Window.”

Nonsense. If the U.S. is exporting less to China and China is exporting less to the U.S. both sides of that are, or ought to be opportunities for Europe, particularly its largest economies like Germany. The REAL case is how come the EU economy is so weak it is unable to take any advantage of increasing tariffs and other trade barriers between China and the U.S.

Creating the EU was supposed to make the EU nations economically stronger, by creating a de facto large domestic economy - the whole EU - as a hedge against the ups and downs of exporting and importing.

A nation with a large internal domestic economy can weather ups and downs of trade better.

I have tried to make the comparisons below, discounting some EU nations total exports & imports as % of GDP by that portion of either that is represented by internal trade between them within the EU. I thought that was the only way to compare their “global” trade, as separate nations, with the U.S.

The problem with getting export and import data as % of GDP with EU nations is so much of it is intra-EU trade between them even when, most of the time, their export and import figures ignore that and lump together the figures for both intra-EU trade and external trade to/from outside the EU.

Some figures for exports as % of GDP are:

France: 12.2% (** 41% of total exports with 59% in EU)
Germany: 27% (* 42% of total exports with 58% in EU)
Italy: 13% (*** 44% of total exports with 56% in EU)
U.K. 16% (***** 53% of total with 47% in the EU)

China 20%
Japan 17%
U.S. 12%

as per: https://data.worldbank.org/indicator/ne.exp.gnfs.zs

and

* http://www.worldstopexports.com/germanys-top-import-partners/

and

** https://europa.eu/european-union/about-eu/countries/member-countries/france_en

and

*** https://europa.eu/european-union/about-eu/countries/member-countries/Italy_en

and

**** https://europa.eu/european-union/about-eu/countries/member-countries/UnitedKingdom_en

Some figures for imports as % of GDP are:

France: 9% (** 31% of total imports with 69% within EU)
Germany: 13% (* 34% if total imports with 66% within EU)
Italy: 12% (*** 41% of total imports with 59% within EU)
U.K.: 15% (**** 49% of total imports with 51% within EU

China: 18%
Japan: 16%

United States: 15%

as per: https://data.worldbank.org/indicator/NE.IMP.GNFS.ZS

The main point of the export data is the U.S. domestic economy is far less dependent on exports than all its major trading partners. (Don’t confuse that with “Wall Street” and what are the revenues & prospects of companies listed in Wall Street trading indexes. They are over-weighted by global companies with foreign manufacturing & foreign revenues that rarely make it back to the U.S. economy, which is about 70% internal - internal $$ exchanged between companies and consumers within the U.S.

The second point is that although German exports outside the EU represent only 42% of its total exports, that is still 27% of its GDP, which makes German dependence on exports greater than its EU partners as well as greater than its large non-EU competitors in terms of GDP dependence on exports.

The third point is, yes, the U.S. imports are less of it’s GDP than is true of either China or Japan but higher than most of the EU major EU countries.

Germany has slowed down because the EU has slowed down, period. The cause is not the U.S.-China trade spat, which a robust EU could be exploiting. It’s just an excuse for its own internal slowdown.


32 posted on 08/19/2019 9:50:06 AM PDT by Wuli
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To: HotHunt
He blames it all on Merkel's lack of leadership and her bone-headed decision to allow mass migration. He basically said, she has ruined the country. It will never be the same again.

It depends on whether the German people ever really decide to take their country back.

33 posted on 08/19/2019 9:55:53 AM PDT by PapaBear3625 ("Those who can make you believe absurdities, can make you commit atrocities." -- Voltaire)
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To: PapaBear3625
Well, there's that too.

But I say it's too late for them. And most of the rest of Europe. They've bought in to the Muslim migration idea and it will destroy most of the countries that accepted the unwashed hoards.

Once the Muslims birthrate exceeds the locals, they are done for.

34 posted on 08/19/2019 10:56:32 AM PDT by HotHunt (Been there. Done that.)
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