OECD sees contraction in German economy for Q4 2011

[sasguru]

BBC News - OECD warns that global economy is slowing

Well that's the problem when you rely on exports and have underdeveloped consumption domestically.
As I said before, when everybody's poor no one buys your stuff.

[Doggy Styles]

Is this another attempt at world domination kyboshed?

[doodab]

BBC News - OECD warns that global economy is slowing

Well that's the problem when you rely on exports and have underdeveloped consumption domestically.
As I said before, when everybody's poor no one buys your stuff.

Much better to rely on make believe and faerie magick.

[sasguru]

Much better to rely on make believe and faerie magick.

No better to rely on Pharms and Arms.
Humans must have drugs and wars but can do with an older car.

HTH

[doodab]

No better to rely on Pharms and Arms.
Humans must have drugs and wars but can do with an older car.

HTH

The Germans export twice as much weaponry as the UK. Bayer are quite big as well.

[AtW]

No better to rely on Pharms and Arms.

I think it's better to rely on brains.

HTH

[shaunbhoy]

I think it's better to rely on brains.

HTH

Change in tack for you alexei. Have you bumped your head?

[doodab]

I think it's better to rely on brains.

HTH

Thanks for the tip.

[sasguru]

The Germans export twice as much weaponry as the UK. Bayer are quite big as well.

Are you saying they've twice as much make believe and faerie magick?

[Incognito]

BBC News - OECD warns that global economy is slowing

Well that's the problem when you rely on exports and have underdeveloped consumption domestically.
As I said before, when everybody's poor no one buys your stuff.

Yes Sas that's right, you've been saying that all along.



Now if only you'd started coming out with that a year ago rather than waiting until some piece caught your eye in whatever rag you read you wouldn't have been saying things like:

Yes, so the jealous and parochial British press would have us believe.
One of the ironies of the current crisis was the Economist urging Germany to be more like Britain
The Germans on the other hand realise that they can compete on quality and the brand "made in Germany" still counts for something, so rather than destroying their manufacturing, they're simply striving,successfully, for the top end.

http://forums.contractoruk.com/gener...ml#post1166862