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Interesting article in this weeks Der Spiegel (in light of Tuesday)
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GlenEllynite
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what our allies think of the current state of the US.

Der Spiegel - Oct 31, 2008

Excerpt:

quote:
The heart of America beats on Wall Street. This is where the rules of the business world are made, and this is where the world is ruled. Washington, the capital, is actually nothing more than the running dog of the banks and investment funds, at least according to the old anti-capitalist legend, and, like all legends, it contains a grain of truth. Indeed, it is hard to imagine that a government, especially the Bush administration, would consciously and deliberately violate the interests of Wall Street. It thus comes as no surprise that Washington is busy bailing out Wall Street.
 
Posts: 599 | Registered: January 26, 2008Report This Post
GlenEllynite
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With friends like this who needs enemies.
 
Posts: 2074 | Registered: October 08, 2004Report This Post
GlenEllynite
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Currently unemployment in Germany is at 7.5 which is at a sixteen year low. They expect it to start going back up as the economy slows down.
 
Posts: 2074 | Registered: October 08, 2004Report This Post
GlenEllynite
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quote:
Originally posted by Gus:
In Europe now. IN GB, teachers going on strike due to cuts in wages and benefits. they can't afford the social policies that Labour has instituted. They have the same if not worse issues that we have.

Have you ever traveled extensively out of the USA glellyn???


Yes. Lived in Frankfurt. Travel and work throughout Europe. Manage offshore web development in Pune. Extensive work and travel in China, Hong Kong.

Father is living/working in prominent US Embassy in Asia... should I just post my family history and resume?
 
Posts: 599 | Registered: January 26, 2008Report This Post
GlenEllynite
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Well then if you have traveled in both Europe and Hong Kong. Aren't you struck by the dynamism of say China/Hong Kong and the lethargy of Europe.
Already China's economy is larger than Germany's obviously a much larger population but China is growing at 8-10 percent per year while Europe is around two percent. So it is just a matter of time before China's economy is larger than the EU's .
 
Posts: 2074 | Registered: October 08, 2004Report This Post
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