Basically, Germany's exports in march exceeded the previous recordholder month by 15.8% (April 2010: 88.8 billion EUR, March 2011: 98.3 Billion EUR). Exports to the Eurozone are up 16% and 20% to non-EU countries. Total export from January to March was 260,9 billion EUR. Imports also climbed to new records in march from 74,1 (November 2010) to 79,4 billion EUR.
New prognosis speak of total exports for this year of over a trillion EUR. Unemployment will decrease even more considering more than one million jobs have not been filled.
(I guess we'll have just enough money to bailout more sick EU nations then. )
Whoever says "education does not matter" can try ignorance
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A decision must be made in the life of every nation at the very moment when the grasp of the enemy is at its throat. Then, it seems that the only way to survive is to use the means of the enemy, to rest survival upon what is expedient, to look the other way. Well, the answer to that is 'survival as what'? A country isn't a rock. It's not an extension of one's self. It's what it stands for. It's what it stands for when standing for something is the most difficult! - Chief Judge Haywood
------------ My LPs
If only I could speak German I think I'd move there.
Much better prospects than Wales.
EDIT: And now Thanas gets to be all smug for a while because Germany is winning. Oh well
Baltar: "I don't want to miss a moment of the last Battlestar's destruction!"
Centurion: "Sir, I really think you should look at the other Battlestar."
Baltar: "What are you babbling about other...it's impossible!"
Centurion: "No. It is a Battlestar."
Corrax Entry 7:17: So you walk eternally through the shadow realms, standing against evil where all others falter. May your thirst for retribution never quench, may the blood on your sword never dry, and may we never need you again.
By the way, projections for the entire year 2011 also predict more than a trillion € in exports for Germany.
We also had imports about 79.4 billion € worth in March. That means that we expored 18.9 billion more than we imported in that month alone.
Eternal_Freedom wrote:If only I could speak German I think I'd move there.
Much better prospects than Wales.
If we go on like that, you'll have to learn german anyway
SoS:NBAGALE Force "Destiny and fate are for those too weak to forge their own futures. Where we are 'supposed' to be is irrelevent." - Sir Nitram
"The world owes you nothing but painful lessons" - CaptainChewbacca
"The mark of the immature man is that he wants to die nobly for a cause, while the mark of a mature man is that he wants to live humbly for one." - Wilhelm Stekel
"In 1969 it was easier to send a man to the Moon than to have the public accept a homosexual" - Broomstick Divine Administration - of Gods and Bureaucracy (Worm/Exalted)
Serafina wrote:By the way, projections for the entire year 2011 also predict more than a trillion € in exports for Germany.
We also had imports about 79.4 billion € worth in March. That means that we expored 18.9 billion more than we imported in that month alone.
Did you just repost my post?
Whoever says "education does not matter" can try ignorance
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A decision must be made in the life of every nation at the very moment when the grasp of the enemy is at its throat. Then, it seems that the only way to survive is to use the means of the enemy, to rest survival upon what is expedient, to look the other way. Well, the answer to that is 'survival as what'? A country isn't a rock. It's not an extension of one's self. It's what it stands for. It's what it stands for when standing for something is the most difficult! - Chief Judge Haywood
------------ My LPs
Serafina wrote:By the way, projections for the entire year 2011 also predict more than a trillion € in exports for Germany.
We also had imports about 79.4 billion € worth in March. That means that we expored 18.9 billion more than we imported in that month alone.
Did you just repost my post?
Aww, shoot. Yes, i mostly did, the only new information is the import/export-difference (which anyone could caluclate from your post).
SoS:NBAGALE Force "Destiny and fate are for those too weak to forge their own futures. Where we are 'supposed' to be is irrelevent." - Sir Nitram
"The world owes you nothing but painful lessons" - CaptainChewbacca
"The mark of the immature man is that he wants to die nobly for a cause, while the mark of a mature man is that he wants to live humbly for one." - Wilhelm Stekel
"In 1969 it was easier to send a man to the Moon than to have the public accept a homosexual" - Broomstick Divine Administration - of Gods and Bureaucracy (Worm/Exalted)
This is pre-WWII. You can sort of tell from the sketch style, from thee way it refers to Japan (Japan in the 1950s was still rebuilding from WWII), the spelling of Tokyo, lots of details. Nothing obvious... except that the upper right hand corner of the page reads "November 1931." --- Simon_Jester
Thanas wrote:Unemployment will decrease even more considering more than one million jobs have not been filled.
I don't think its going to be that easy to find qualified personnel.
True, but I doubt all those out of work are troglodytes who cannot be retrained.
Whoever says "education does not matter" can try ignorance
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A decision must be made in the life of every nation at the very moment when the grasp of the enemy is at its throat. Then, it seems that the only way to survive is to use the means of the enemy, to rest survival upon what is expedient, to look the other way. Well, the answer to that is 'survival as what'? A country isn't a rock. It's not an extension of one's self. It's what it stands for. It's what it stands for when standing for something is the most difficult! - Chief Judge Haywood
------------ My LPs
TC27 wrote:Suddenly a European superstate looks attractive - we can all sponge off our hardworking German cousins.
Or the Germans start thinking that they can do a better job in governing other countries to create a German superstate.
ASVS('97)/SDN('03)
"Whilst human alchemists refer to the combustion triangle, some of their orcish counterparts see it as more of a hexagon: heat, fuel, air, laughter, screaming, fun." Dawn of the Dragons
Enjoy it while it lasts, Germany - we know that no one is on top forever.
And hey, this unemployed person would be happy to retrain and try living in Germany for awhile. Granted, I'll have to learn German, too, and at my age I'll probably have an American accent forever, but I don't find that too scary a task.
A life is like a garden. Perfect moments can be had, but not preserved, except in memory.Leonard Nimoy.
Now I did a job. I got nothing but trouble since I did it, not to mention more than a few unkind words as regard to my character so let me make this abundantly clear. I do the job. And then I get paid.- Malcolm Reynolds, Captain of Serenity, which sums up my feelings regarding the lawsuit discussed here.
If a free society cannot help the many who are poor, it cannot save the few who are rich. - John F. Kennedy
TC27 wrote:Suddenly a European superstate looks attractive - we can all sponge off our hardworking German cousins.
Meh.
Broomstick wrote:Enjoy it while it lasts, Germany - we know that no one is on top forever.
Probably not, but considering we have been doing it for the last fifty years.....
Whoever says "education does not matter" can try ignorance
------------
A decision must be made in the life of every nation at the very moment when the grasp of the enemy is at its throat. Then, it seems that the only way to survive is to use the means of the enemy, to rest survival upon what is expedient, to look the other way. Well, the answer to that is 'survival as what'? A country isn't a rock. It's not an extension of one's self. It's what it stands for. It's what it stands for when standing for something is the most difficult! - Chief Judge Haywood
------------ My LPs
"The race is not always tot he swift, nor the battle to the strong, but that's the smart way to bet."
Good on you Germany.
Thanas, cue enormous smugness for triumphing over the West.
Baltar: "I don't want to miss a moment of the last Battlestar's destruction!"
Centurion: "Sir, I really think you should look at the other Battlestar."
Baltar: "What are you babbling about other...it's impossible!"
Centurion: "No. It is a Battlestar."
Corrax Entry 7:17: So you walk eternally through the shadow realms, standing against evil where all others falter. May your thirst for retribution never quench, may the blood on your sword never dry, and may we never need you again.
I wouldn't go that far. So far, we have triumphed over nothing and nobody. Yes, our economy is generally more solid and (for now) severely outperforming our competitors. Only time will tell if that trend continues. There are reasons to be optimistic, but considering the leaps and bounds china is making.... (of course, the same scare was made about Japan and look where they are now, but still).
I tend to think more in decades than years anyway.
Whoever says "education does not matter" can try ignorance
------------
A decision must be made in the life of every nation at the very moment when the grasp of the enemy is at its throat. Then, it seems that the only way to survive is to use the means of the enemy, to rest survival upon what is expedient, to look the other way. Well, the answer to that is 'survival as what'? A country isn't a rock. It's not an extension of one's self. It's what it stands for. It's what it stands for when standing for something is the most difficult! - Chief Judge Haywood
------------ My LPs
Thanas wrote:Unemployment will decrease even more considering more than one million jobs have not been filled.
I don't think its going to be that easy to find qualified personnel.
Well, German and Austrian job market has been opened to Central European EU members, beginning this month. Although those who had the qualifications (or dared to work there illegally) and wanted to work there, already get their working permits and work there.
Thanas wrote:I wouldn't go that far. So far, we have triumphed over nothing and nobody. Yes, our economy is generally more solid and (for now) severely outperforming our competitors. Only time will tell if that trend continues. There are reasons to be optimistic, but considering the leaps and bounds china is making.... (of course, the same scare was made about Japan and look where they are now, but still).
Germany will do just fine until China or whatever the next major manufacturing country is figures out how to build a Siplace Multistar and other such advanced machines. China is a major consumer goods exporter but guess where all their manufacturing equipment comes from? They crank out a bajillion iPods and iPhones but they can't do it without buying billions of dollars of high tech machinery from Germany, Japan, and the US. You'll be fine as long as you keep investing in your manufacturing & industrial sector and keep cranking out the machines that everyone else needs to build the things we need in modern society. Just don't do anything stupid like the US where they outsourced a bunch of their manufacturing and R&D.
aerius: I'll vote for you if you sleep with me. Lusankya: Deal!
Say, do you want it to be a threesome with your wife? Or a foursome with your wife and sister-in-law? I'm up for either.
To be honest, I think Germany is in a better position than China.
Germany doesn't appear to massive bubbles in it's economy like China does. It doesn't have the possibility of major social unrest if growth slows down (like China) or the problem of massive corruption. China also may run into overcapacity problems (its fixed investment share is almost a whopping 50% of all investment). People like Professor Nouriel Roubini have pointed out that "All historical episodes of excessive investment – including East Asia in the 1990’s – have ended with a financial crisis and/or a long period of slow growth".
As for manufacturing, I have dealt with Chinese products for the rail industry, and to be quite frank their quality control is still incredibly bad. I suspect the much of their heavy manufacturing is the same and has a long way to go.
I say this with no anti-Chinese glee, I would love to see China advance and pull millions out of poverty.
"This statement, in its utterly clueless hubristic stupidity, cannot be improved upon. I merely quote it in admiration of its perfection." - Garibaldi
"Problem is, while the Germans have had many mea culpas and quite painfully dealt with their history, the South is still hellbent on painting themselves as the real victims. It gives them a special place in the history of assholes" - Covenant
"Over three million died fighting for the emperor, but when the war was over he pretended it was not his responsibility. What kind of man does that?'' - Saburo Sakai
bobalot wrote:To be honest, I think Germany is in a better position than China.
Germany doesn't appear to massive bubbles in it's economy like China does. It doesn't have the possibility of major social unrest if growth slows down (like China) or the problem of massive corruption.
It is in a better position. Germany's only real weakness is a financial sector which has a lot of exposure to bad and potentially bad debts; they hold a disturbingly large amount of Greek, Irish, Portugese and other bonds of questionable quality on their balance sheets along with derivatives & financial instruments based on said bonds. That's a fairly easy problem to fix if they want or need to get serious about it; protect the depositors & business accounts via their deposit insurance programs then perform cramdowns & debt to equity swaps to recapitalize the institutions. If this still isn't enough then nationalize the banks as needed. Problem solved. Everything else is pretty solid.
This post is a 100% natural organic product.
The slight variations in spelling and grammar enhance its individual character and beauty and in no way are to be considered flaws or defects
I'm not sure why people choose 'To Love is to Bury' as their wedding song...It's about a murder-suicide
- Margo Timmins
When it becomes serious, you have to lie
- Jean-Claude Juncker
I suspect it is a real issue that exists today in some sectors. Is it worse than the 'overcapacity problem' that exists in a normal, healthy capitalistic economy? I don't know.
I say this with no anti-Chinese glee, I would love to see China advance and pull millions out of poverty.
I'd love to see them do it too...I just think it will be another 40 years or so.
wautd wrote:Germany economy breaking records? Cudos.
But... Belgium isn't doing bad as well and we don't even have a working government
A great big steaming sign of support for Liberterianism/Small governments if there ever was one
Photography Genius is always allowed some leeway, once the hammer has been pried from its hands and the blood has been cleaned up.
To improve is to change; to be perfect is to change often.
In other news, more German banks are paying back the bailouts with interest ahead of schedule. One Example, German link.
This bank for example payed back 225 millions already (total bailout was 525) back to the state as well as paying back two billions of state-guaranteed loans.
Whoever says "education does not matter" can try ignorance
------------
A decision must be made in the life of every nation at the very moment when the grasp of the enemy is at its throat. Then, it seems that the only way to survive is to use the means of the enemy, to rest survival upon what is expedient, to look the other way. Well, the answer to that is 'survival as what'? A country isn't a rock. It's not an extension of one's self. It's what it stands for. It's what it stands for when standing for something is the most difficult! - Chief Judge Haywood
------------ My LPs
His Divine Shadow wrote:So much for bullshit like postindustrial service economies.
I don't have time to trawl through national statistics offices for figures, so sorry for using wikipedia. However, that has the German service sector as 70% of the economy and the UK service sector as 73%. That's not actually all that much of a difference.
His Divine Shadow wrote:So much for bullshit like postindustrial service economies.
I don't have time to trawl through national statistics offices for figures, so sorry for using wikipedia. However, that has the German service sector as 70% of the economy and the UK service sector as 73%. That's not actually all that much of a difference.
However, German exports are massive. They export more than the USA.
"This statement, in its utterly clueless hubristic stupidity, cannot be improved upon. I merely quote it in admiration of its perfection." - Garibaldi
"Problem is, while the Germans have had many mea culpas and quite painfully dealt with their history, the South is still hellbent on painting themselves as the real victims. It gives them a special place in the history of assholes" - Covenant
"Over three million died fighting for the emperor, but when the war was over he pretended it was not his responsibility. What kind of man does that?'' - Saburo Sakai
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