Eurozone outpaces US for fourth quarter

Financial Times ^ | May 16 2007 03:00 | By Ralph Atkins in Frankfurt

[jveritas]

Exactly. The European Union is going to eventually dissolve. History tells us that non union of nations with different languages, history, and national interests can hold.

[TampaDude]

“The U.S. is Germany’s second-largest trading partner. (Don’t know the first).”

I think it’s Canada.

[Cringing Negativism Network]

Europeans are (way) ahead at energy alternatives.

Their auto industry is poised to run with small, reasonably priced alternate fuel vehicles, the first of which will start rolling onto our shores within a year.

American car companies, meanwhile, are frozen. Staring immobile at the approaching train.

[bill1952]

Many here are misunderstanding the report.

After many quarters of declines, a rise is percieved as huge in comparision percentages.

Look at the whole picture. The EU lags, period.

As Jordi wrote: Quarter on quarter. - You all do know what that means?

[Red Steel]

I don’t understand this article. 4th quarter GDP was up 2.5 percent. 1st quarter 2007 was up 1.3.

This article appears to be BS or it's to mislead the reader. The European Union GDP has consistently lagged behind the United States.

[Enchante]

"The U.S. is Germany's second-largest trading partner. (Don't know the first)."

Canada is 1st. Their population is less than 1/2 Germany's but they share that 4,000 mile border and 90% of their population lives within 100 miles of the USA. A huge proportion of their output is for US markets (often as part of US firms), etc. OF course, they also buy a huge amount from us.....

[Gondring]

One thing is quality. American quality is getting worse and worse, despite such high wages relative to elsewhere. A client of mine had to move manufacturing of a garment product overseas because of too many quality complaints while it was made here. They are now having fewer complaints and have lower costs. That equals a better value for the consumer.

Perhaps European products are a better value now?

[winner3000]

Did anyone notice that top Nasdaq companies keep making great earnings and their stock hardly budges? I’m sick and tired of these companies giving ridiculously generous stock options and profit sharing plans that end up diluting the stock and screwing the shareholders. Until this ceases, I’m not getting back into Nasdaq any time soon.

[endthematrix]

France

http://www.nasdaq.com/aspxcontent/NewsStory.aspx?cpath=20070518%5CACQDJON200705180314DOWJONESDJONLINE000371.htm&;

[1rudeboy]

I was speaking of Germany. The United States’ top two trade partners are Canada and Mexico, respectively.

[Atlantic Bridge]

Europe is not one country. The US is.

This is indeed correct. Only parts of Europe will get one country one day.

[snoringbear]

“it shouldn’t be surprising. Certain areas of the eurozones have very low taxes”

Well then, how about the Euro’s step up to the plate and start paying their own way for military defense? Their defense budget is a fraction of what the U.S. defense budget is. But, they continue to live under our umbrella while showing us nothing but contempt and ridicule. Cut'em loose I say....

[gitmo]

The article is focused on GROWTH of GDP, not on the GDP itself. Bangladesh outperformed the EU in growth of GDP, but their per capita GDP is only $440.

[roaddog727]

Perhaps their quarter over quater PERCENTAGE GROWTH is outpacing us, but What is the ACTUAL Dollar/EURO figure for this growth?

[MARKUSPRIME]

Good for them for losing their national sovereignty to a marxist soviet lite socialist bloc.

[Enchante]

Right, thanks, I have to work on my reading comprehension!! :^)

Let me blame it on that wine I was drinking at the time.....

[Atlantic Bridge]

Good for them for losing their national sovereignty to a marxist soviet lite socialist bloc.

BuHuHaHa! You are really sweet in your motherly care about old Europe.

[Atlantic Friend]

A “marxist soviet lite socialist bloc” ?

What is Marxist or Soviet about the EU ?