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Why Budget Cuts don't bring prosperity

Discussion in 'BBS Hangout: Debate & Discussion' started by Sweet Lou 4 2, Feb 22, 2011.

  1. AroundTheWorld

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    I read it. I also read this ridiculous statement:

    He has failed to even try to explain himself because he knows that if he even tries, he will be embarrassed further.

    That is what happens to you when you are clueless but act like you can talk from a high horse.

    At least he is experienced with that.
     
  2. Sweet Lou 4 2

    Sweet Lou 4 2 Member

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    Anything that devalues the Euro is going to boast German exports in the short term. In fact, the Euro's strengthening in the past 13 months overall corresponds to it's slowed growth. That and the austerity measures.

    I don't think his statement is out of line, it's rude for sure, but a weaker Euro will boost exports just like a weaker dollar help us here.

    Inflation and interests rates are so low, why wouldn't you want the currency to devalue?
     
  3. SamFisher

    SamFisher Member

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    lol- denial of germans never fails on this issue.

    ??? HUH STRONG CURRENCY IST MORE EXPENSIVE EXPORTEN WAST IS DAS NEIN NEIN 111!!!!11!!EINE!!!!

    Maybe he can wrap his head around it if he channels his inner Won on this one. Those guys know the drill with respect to international trade.
     
  4. bingsha10

    bingsha10 Member

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    because it makes everyone who doesn't own a factory poorer?
     
  5. Sweet Lou 4 2

    Sweet Lou 4 2 Member

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    No, you are confusing currency exchange rates with inflation.
     
  6. AroundTheWorld

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    So...Sammyboi cannot even try to defend his ridiculous statement that the Greek economic collapse helped the German economy, thus he resorts to posting his usual gibberish.

    [​IMG]
     

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