Originally posted by scooterscot
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Scooter,
as I am sure you well know, what you have described is the unfortunate difference between us (Britain) and ze Germans
Us (Britain) unfortunately, in general, our government and big business are totally short term oriented, privatization, quick money here, quick money there, from the Government through to big business and the banking system, there is no culture or mentality to invest in the long term
Ze Germans, they are, and always have been, long term thinkers and players, they lay down foundations for industries which will become world players during the next 2, 3, or 4 generations and on a continuously rolling basis, with this underlying mentality and culture, they have a government and business and bank lending system which is happy with long term planning and long term returns and not distracted by a quick buck here and there
Unfortunately, that is how it is, and that is one of the fundamental keys to their success
Milan.
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