Schroeder is right, Europe does need to change

The Guardian ^ | January 24 2005 | Philip Arestis and Elias Karakitsos

[MegaSilver]

If they are printing it now, then the euro is already in trouble. Is the euro doing well because of what europe is doing or because of what the USA is doing?

Well, what's keeping the Euro so high is our devalued dollar. If we could mitigate our debt a bit, I'm sure we'd be back in the game with the Euro.

Since Germany and France are already ignoring debt limits, this crediblity issue is over.

Right. I remember a German FReeper argued that that move represented a complete breech of the trust that is needed to keep a currency afloat. Thus, he said, the Euro will die: it is now a matter of when.

[Betaille]

"Germany's jobless rate rose to nearly 11 percent in December"

That's what restrictive labor policies will get you. As Sienfeld would say... Good luck with alllll that.

[Southack]

Seppel, your Post #15 is important. Nice exposure of Germany under Fischer/Schroeder.

[lowbuck]

Bingo! You hit the nail on the head. I've been in Germany since 1988 and moved here in 1999. This is exactly what I tell my friends when they wish to discuss Germany government (SPD/Greens).

The only think different from your list and mine is that when I explain it to them every other line is "Oh did I mention they raised my taxes".

Change is coming, but, it will be very painful for the average German.

[critilo]

This, ..., requires more ... fiscal policies.

Gerhard "Karl Marx" Schröder in action.

[Earthdweller]

For your laughing pleasure........Introducing!........THE SCHROEDERMAN!!!!

The vine arbor leaf, in the colors red and green, symbolizes the coalition of the Social democrat Party with the Green Party.