Friday, July 29, 2011

Germany's place in Eurozone

from STRATFOR.  Key pullout:  



Germany is achieving by stealth what it failed to achieve in the past thousand years of intra-European struggles. In essence, European states are borrowing money (mostly from Germany) in order to purchase imported goods (mostly from Germany) because their own workers cannot compete on price (mostly because of Germany)
There's also a great article describing the current Eurozone crisis & Germany's choices.

Even though they're from 2010, both articles are awesome -- great background and analysis of issues that aren't going away

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