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Previously on "German boom creates ECB policy nightmare as south lags"
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Good old Jerry. In the next war I hope they're on our side for a change. It sounds like they can make a tank.
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Yep, we get the Indian imports and Germany gets the Indian exports.
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German boom creates ECB policy nightmare as south lags
"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 problemTags: None
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