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#1 |
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Join Date: Jul 2005
Posts: 7,683
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Germany
The pigis are all in a mess
Portugal Ireland Greece Italy Spain Wheras Germany seems rich in comparison with a strong economy and the biggest, most lucrative car industry in all of Europe. Two world wars and blanket bombing by Britain and America, dont seem to have stopped the economic dynamo that Germany has become. How do they do it ? the moral and economic devastation of WW2 would have sank any other country.. but Germany rose like a phoenix from the ashes and is now calling the shots in Europe. After reunification with East Germany...... Germany's population is 81.7 million wheras France comes in at 65.4 million and UK at 62 million. Germany is no longer the compliant, guilt ridden nation of former years, it is beginning to flex its economic muscles at the highest levels of diplomacy... Germany is beginning to call the shots. Britain, now a minor military and economic power on the world scene, can only stand on the sidelines and wring its hands as Germany takes centre stage. |
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#2 |
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Inactive Member
Join Date: May 2010
Location: Britain
Posts: 4,516
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and your point is?
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#3 |
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Forum Member
Join Date: Jun 2011
Posts: 1,181
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Timbo, we've been saying the same thing for the past 50 years but still haven't learned anything
Germany plans and invests and we don't. Germany doesn't concentrate on financial services like we do, and it didn't deregulate like we did. We only have ourselves to blame don't we.
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#4 |
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Inactive Member
Join Date: Nov 2010
Location: Birmingham, UK
Posts: 1,582
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Funny how things have turned out. We love to boast about how we won the World Cup and two world wars. Germany was almost destroyed after WWII and look where they are now compared to today. Whilst Cameron scoffs at the Germans the fact is their economy is far far more stable than ours despite the Eurozone crisis
![]() We were already in deep s**t before the Euro crisis and we're in deeper s**t today. Oh and our economic genius Gordon Brown has a lot to answer for. |
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#5 |
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Forum Member
Join Date: Jul 2006
Posts: 74
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Quote:
The pigis are all in a mess
Portugal Ireland Greece Italy Spain Wheras Germany seems rich in comparison with a strong economy and the biggest, most lucrative car industry in all of Europe. Two world wars and blanket bombing by Britain and America, dont seem to have stopped the economic dynamo that Germany has become. How do they do it ? the moral and economic devastation of WW2 would have sank any other country.. but Germany rose like a phoenix from the ashes and is now calling the shots in Europe. After reunification with East Germany...... Germany's population is 81.7 million wheras France comes in at 65.4 million and UK at 62 million. Germany is no longer the compliant, guilt ridden nation of former years, it is beginning to flex its economic muscles at the highest levels of diplomacy... Germany is beginning to call the shots. Britain, now a minor military and economic power on the world scene, can only stand on the sidelines and wring its hands as Germany takes centre stage. |
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#6 |
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Join Date: Jun 2011
Posts: 1,181
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Why do people here try so hard to belittle Britain? Britain still has the 6th largest economy in the world, a large number of multinational companies are British, in terms of countries with large populations we are quite close to the top for GDP per capita and London is one of the global finance centres. Yet people here act like we are a country with a global stature similar to Eritrea. It's bizzare.
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#7 |
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Inactive Member
Join Date: May 2010
Location: Britain
Posts: 4,516
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It's being one of the global finance centres that makes our economy so vulnerable to world economic crisis like 2007-9 and the present one.
We got hit so hard because we didn't plan ahead. You know, making hay while the sun shone. |
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#8 |
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Join Date: Apr 2008
Posts: 10,390
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It's being one of the global finance centres that makes our economy so vulnerable to world economic crisis like 2007-9 and the present one.
We are their bitch. |
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#9 |
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Inactive Member
Join Date: May 2010
Location: Britain
Posts: 4,516
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Quote:
Exactly. They threaten; impose a fair "Robin Hood" levy on transactions and we'll decamp to somewhere else.
We are their bitch. We need the tax to be levied throughout the world, else we lose a big source of our own money. |
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#10 |
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Join Date: Nov 2010
Location: Narnia
Posts: 3,767
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The Germans dont sell off their successful industries and let foreigners own them.
Unlike the UK. |
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#11 |
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Join Date: Jun 2011
Posts: 1,181
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no it doesn't. Our economy has much more to it than financial.
We got hit so hard because we didn't plan ahead. You know, making hay while the sun shone. |
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#12 |
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Join Date: Jul 2005
Posts: 7,683
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In todays world, car production is a good indicator
of the strength of a nations economy Car production as of 2010 Germany .......5,905,985 Spain ........2,387,900 France ........ 2,227,742 UK ......... 1,393,463 Germany dwarfs Britains car production Britain is now a service economy we are told with the City of London earning vast revenues worldwide for financial services. Well its the financial sector that has been going haywire ever since the autumn of 2008... the collapse of Rock was just a straw in the wind. When the financial edifice collapses we will be left with a 3rd world economy ... the car industry is all foreign owned anyway ( unlike the German motor industry that now even owns Rolls Royce ! ) |
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#13 |
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Join Date: May 2010
Location: Britain
Posts: 4,516
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Yes, that too, I agree. But if 30% of our GDP is the banks (and other financial entities) and two banks of the five largest by far banks are wiped out overnight by the 2008 crisis, it's bound to have a larger impact on our country's finances than in most isn't it? A large proportion of our government's debt is directly attributable to the rescue of those two banks isn't it?
1 of the banks that got bailed out, was a direct result of buying a dutch company that had it's financials built of sand. You could say that was more unfortunate timing than anything else. |
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#14 |
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Join Date: Oct 2005
Location: North London
Posts: 15,449
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Think Frank Dobson once said, in the UK we're good at selling life insurance and McDonalds burgers to one another.
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#15 |
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Inactive Member
Join Date: May 2010
Location: Britain
Posts: 4,516
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In todays world, car production is a good indicator
of the strength of a nations economy UK - loads and loads EU - not so many rest of the world - poor So biscuits are the precise indicator. |
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#16 |
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Join Date: Sep 2007
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Germans seem to not bothering looking for things to blame there woes on and just get on with solving there problems.
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#17 |
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Join Date: Jun 2011
Posts: 1,181
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yes, they are bastards but they are our bastards. Without them we wouldn't be raking in the money, which we currently are.
We need the tax to be levied throughout the world, else we lose a big source of our own money. |
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#18 |
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Inactive Member
Join Date: May 2010
Location: Britain
Posts: 4,516
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Quote:
The proposed rates of the tax are so minimal it will barely make an impact on the financial institutions, but it's not the rate they object to - it's the fact that the tax would set a precedent, and would be an attempt at reversal of deregulation and at controlling the lunatic derivatives market. That's what they really don't want.
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#19 |
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Join Date: Mar 2007
Location: Mount Olympus
Posts: 18,232
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It's worth remembering that in the 1930s, British engineering was considered to be as good, if not better, than German engineering.
I think the difference in our evolution since then is that Germany was in ruins, realised it needed to change culturally, and used its Martial Aid and the blank slate the war gave them to do so. Britain on the other hand spent it's money creating the welfare state and left industry to rot. By the time we realised what had happened around the 70s and 80s, it had gone too far to stop. |
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#20 |
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Join Date: Jun 2011
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debt, yes but not our deficit. Even so, large chunks of the debt will come back once it's all paid back (not all but most).
1 of the banks that got bailed out, was a direct result of buying a dutch company that had it's financials built of sand. You could say that was more unfortunate timing than anything else. |
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#21 |
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Join Date: Jun 2011
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what tax rate is it, that would effect our banks and not those outside of Europe?
It wouldn't be a large tax would it. |
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#22 |
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Inactive Member
Join Date: May 2010
Location: Britain
Posts: 4,516
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Quote:
A fairly large portion of our current deficit is interest payments on the debt isn't it? So the money borrowed to rescue the banks is reflected in the deficit, and because so much of our economy is financial services, the tax revenue lost after those banks collapsed also accounts for a large part of the deficit. If concentrating so much on financial services was actually a good idea for the country, and not just for the financial companies, wouldn't Germany be doing it themselves?
Our current mess is all about the previous governments endorsement of everything Public sector. Not to mention the accelerated Public Sector employee drive during the recession. So while the private sector where doing everything in their power to become efficient and stay afloat, Gordon Brown and Balls decided that any people who got made redundant, would be put into Public Sector work. Cooking the books and no planning ahead, that is the lasting legacy of the Labour Government I'm afraid. |
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#23 |
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Join Date: May 2009
Posts: 6,513
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Quote:
Germany rose like a phoenix from the ashes and is now calling the shots in Europe.
Quote:
xxtimbo wrote: Britain, now a minor military and economic power on the world scene....
Nonsense and you know it.Both the UK and Germany are important nations on the world stage. The UK remains one of the five biggest military powers in the world and is one of the top five in the United Nations Security Council. Germany has the largest economy in the EU and will remain a leading continental european nation after the euro and EU have fallen apart. |
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#24 |
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Join Date: Jan 2005
Location: Sevenoaks
Posts: 3,930
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Germans are efficient, educated, work hard and are patriotic. They take pride in their work and constantly strive to improve themselves seeeing this a way of contributing to the wellbeing and international standing of their country. They have a very high work ethic and do not believe in living off the state, seeing it as living off the work of other Germans. Their public services are lightweight and efficient, and are not seen as a way of disguising unemployment.
They hold in very high regard engineers, scientists, professionals and research and development. They do not stifle their industry with stupid rules and regulations enforced by busybodies in the name of planning or health and safety, although they do take both into account with a far more common sense approach. They do not see their houses as being get-rich-quick investments and are savers, not borrowers. I'm absolutely not surprised they are doing better than us. |
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#25 |
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Join Date: May 2009
Posts: 6,513
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Quote:
Germans are efficient, educated, work hard and are patriotic.
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Germany plans and invests and we don't. Germany doesn't concentrate on financial services like we do, and it didn't deregulate like we did. We only have ourselves to blame don't we.

