Wednesday, May 16, 2012

Cynical View On Germany In YP - Or Realistic?

From: TM Driffield, Thirsk.
WHAT a surprise Germany has achieved a large jump in economic growth. The Germans realise that if they can keep the euro weak, it means that their exports can undermine any attempt by our, or any other foreign, business to win orders against them. They can be undercut. This gives them an enormous advantage in any deals. To continue with this, they must undermine growth anywhere else in the EU via the austerity package that they say cannot be renegotiated. The euro funny money that they give to some other euro states is no more than part of a strategy to give German business a huge economic advantage. It is win, win, for the Germans.

Birdie.