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L G[_23_]

Harryk wrote:
On 2/18/11 6:40 AM, Despot wrote:
On 2/17/2011 6:34 PM, bpuharic wrote:
On Wed, 16 Feb 2011 18:53:29 -0500, L wrote:

bpuharic wrote:
On Mon, 14 Feb 2011 10:28:07 -0500, wrote:

On 2/14/2011 6:38 AM, bpuharic wrote:

so tell me: how we doing??

I don't know about yours but my portfolio is doing quite nicely.
Thanks
for asking.

gee if that's the case

why is unemployment at 9%?

Obama.

HAHAHAH gee. the germans have 6%

lots of unions there. social democracy. more liberal than obama....

The unemployment rate in Germany this past January was 6.6%.

This article from the Minneapolis Post explains why:

Germany – the new mini-superpower

By Robert Marquand | Published Mon, Jan 31 2011 8:37 am

BERLIN — Quietly at first but less so now, Germany is breaking out of
its postwar identity – the assumptions and understandings that held it
in place for 60 years. Germany is shedding the past, busting old
taboos and being more assertive. What an evolving Germany will look
like in 20 or even five years is unclear, but will have profound
consequences for Europe and the West. Much of the recent breakout is
due to a rising German industrial base achieved by elbow grease, niche
market savvy, and, as is often said here, by "doing our homework."

Germans have looked around lately to find they have the preeminent
world-class export economy in Europe. No one else comes close. German
precision tools are coveted in Asia and Russia like Fabergé eggs.
Germany is building much of the Summer Olympic and World Cup
facilities in Brazil. The next generation of Eurostar trains linking
the Continent and Britain will be made by Siemens of Germany, not, as
they traditionally have been, by Alstom of France – a blow to French
pride.

Germany's new global strategy seeks markets and relations in every
direction – from Brazil and China to Vietnam and India. France no
longer exercises its capacity to "run Europe" but has become a kind of
shadow partner of Berlin. Even the city of Berlin, with its bohemian
nightclubs and vibrant arts community, has become a hip urban center –
what some here consider the new Paris of Europe.

Germany makes no secret that it desires greater stability between
Berlin, Poland, and Moscow. A new amity along the old Weimar corridor
would signify a breathtaking change.

Overall, Germany spent $120 billion a year in the 1990s to unify the
country and rebuild its infrastructure, training its sights on the
global marketplace. That helped it pull away from the rest of the EU.
Forty percent of Germany's exports now go to the so-called BRIC
countries (Brazil, Russia, India, and China). The closest EU
competitor ships less than 10 percent. German machine-tool exports
alone spiked 128 percent between 2009 and 2010. The unemployment rate
in Germany hit an 18-year low last fall – 7.5 percent.

- - -

http://www.minnpost.com/worldcsm/201...ini-superpower

Germany has its problems, of course, and some of them are damned
serious, but it made the sort of capital investment we don't make in
this country, especially in infrastructure, and it has a much stronger
social safety net than we do. A social democracy can work. A free
market democracy does not, not any longer.

Nice cars, too.