Originally posted by Pondlife
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Reply to: Germans; ignorant, clever or plain rich?
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Previously on "Germans; ignorant, clever or plain rich?"
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Interestingly the big auto manufactures are on stop at the moment, for about 6 weeks.
Current client (not auto but some of its big customers are) is still predicting growth over the next few years though.
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Originally posted by BlasterBates View PostWell the Germans have been reforming to the extent that their builders are now going to work in Eastern Europe because, they're cheaper than the Eastern Europeans and do a better job.
I think the German motor is sparking back into life.
Yes about time it has taken about 20 years before their economy has contributed anything other than looking after its elite.
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Originally posted by sasguru View PostAs I have said before I do think parts of their export industry (especially mid to high market cars) will suffer as people postpone buying big-ticket items. But this will be temporary. On the other hand the hit to the financial industry here will last much longer and be more harmful to our economy.
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Originally posted by Bob Dalek View PostF--k off , Fritz, and take your vitamin C-deficient food, metallic language, self-destructive sense of national pride, and inability to build the Bomb in time with you. You may leave behind the porn vids, though. Phew! Vat ein skorcher!
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Well the Germans have been reforming to the extent that their builders are now going to work in Eastern Europe because, they're cheaper than the Eastern Europeans and do a better job.
I think the German motor is sparking back into life.
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Originally posted by sasguru View PostYes as I have a good mate in Berlin, I've visited Germany most years since the wall came down. They seem to have created a much more sensible society than we have. Of course quite a few people (e.g. DA) believe the media myth of a "sclerotic" Germany. One has only to live there for a while to realise that this is complete nonsense based on a justified British inferiority complex.
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As I have said before I do think parts of their export industry (especially mid to high market cars) will suffer as people postpone buying big-ticket items. But this will be temporary. On the other hand the hit to the financial industry here will last much longer and be more harmful to our economy.
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Originally posted by sasguru View PostYes as I have a good mate in Berlin, I've visited Germany most years since the wall came down. They seem to have created a much more sensible society than we have. Of course quite a few people (e.g. DA) believe the media myth of a "sclerotic" Germany. One has only to live there for a while to realise that this is complete nonsense based on a justified British inferiority complex.
http://www.nestoria.de/immobilien/kaufen/nennig
Not exactly 'sclerotic'. And if anyone thinks these places are cheap; this is one of the most desirable places to live in Europe.Last edited by Mich the Tester; 25 November 2008, 13:57.
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Originally posted by Mich the Tester View PostI was in Germany a couple of weeks ago on holiday; it’s not exactly a Dantean image of starvation and pestilence. Decent houses in nice places were available at prices that you could pay off in 10 years with a two income household ( and I don’t mean grotty houses in East German neo-nazi strongholds), restaurants and hotels were reasonably priced, petrol almost affordable, and the papers were full of job adverts. All in all they seem to be doing alright.
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They are by no means immune to the worlds current economic problems although they are affected in a slightly different manner.
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Originally posted by sasguru View PostGermans generally don't have massive debts, if they own their houses they don't have huge mortgages and are better cushioned by the state.
Plus they know their economy is not based on hot air.
So they should be feeling better than we feel.Last edited by Mich the Tester; 25 November 2008, 13:54.
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Germans generally don't have massive debts, if they own their houses they don't have huge mortgages and are better cushioned by the state.
Plus they know their economy is not based on hot air.
So they should be feeling better than we feel.
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