"A separate report by Simon Ward from Henderson Global Investors said eurozone indicators are showing "unprecedented divergence", with the M1 money supply booming at double-digit rates in Germany but contracting in Spain, Ireland, and Greece.
S&P said Germany has been able to lever recovery off the emerging market boom, leaving Southern Europe behind. German exports – mostly machines and cars – account for 47pc of all EU goods shipped to China. France is a distant second at 10pc. "
More: German boom creates ECB policy nightmare as south lags - Telegraph
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OMFG - apparently not destroying your engineering and manufacturing capacities can lead to such a terrible situation such as accounting for more than 47% of EU goods sold to China (which in itself is a pretty major exporter). That's a good thing England does not have such problem
S&P said Germany has been able to lever recovery off the emerging market boom, leaving Southern Europe behind. German exports – mostly machines and cars – account for 47pc of all EU goods shipped to China. France is a distant second at 10pc. "
More: German boom creates ECB policy nightmare as south lags - Telegraph
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OMFG - apparently not destroying your engineering and manufacturing capacities can lead to such a terrible situation such as accounting for more than 47% of EU goods sold to China (which in itself is a pretty major exporter). That's a good thing England does not have such problem
from Deutschland..
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