Merkel Win Could Kick Start EU Motor
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"DOWN GOES SCHROEDER! DOWN GOES SCHROEDER!"
"I hear the fat lady warming up for Opus 26...the Funeral March"
There is a way all of us can support the new German Leader.
We can buy the ETF stock index, EWG, for Germany. I will be buying a good sum tomorrow or some time next week.
In anticipation of the outing of the socialist, this ETF has had an excellent 3 months compared to 5 years of economic stagnation/blah before.
http://finance.yahoo.com/q?s=EWG
Hopefully, the new leaders will model Germany's economic plan after the Austrian model. The Austrian, ETF stock index, EWO has been an outstanding investment the past few years.
Go to the link below to compare the Austrian ETF, EWO to the German etf, EWG, for the past 5 years of rampant socialism and anti Americanism.
http://finance.yahoo.com/q/bc?s=EWG&t=5y&l=on&z=m&q=l&c=ewo
Die Wahlergebnisse im Überblick
Well, if you ask me Germany is screwed...
Based on what we now know, the title is premature/misleading, should we change it?
At 4:30 EST, the BBC on NPR was portraying it as a razor thin margin for Merkel. Indeed, Schroeder's party was saying it was a Victory for them! Nobody would be able to form a coalition to rule the country, so Schroeder thinks he can retain power. Clearly, the people didn't want to give up cozy govt. handouts, although they know economic reform is desperately needed.
Hey, I just looged in and I hear Steve Merkel from that sitcom is the head of Germany? He was a bit nerdy, but I hear he is pretty smart.
Dewey wins!
Haha, good laugh on your behalf.
I like her already
just a one-time reply to all names in this thread (although, I may have missed some because I edited out the duplicates by hand, and I need to stop kidding myself and just get prescription glasses already), NOT A PING LIST. Did not ping the Admin Moderator, because the AM probably came in here for administrative reasons.
Thanks to all for your understanding.
The Road to the Chancellory
http://www.dw-world.de/dw/article/0,1564,1653925,00.html
According to preliminary results, Merkel's Christian Union parties will hold 225 seats in parliament, followed closely by Chancellor Gerhard Schröder's Social Democratic Party (SPD), which will get 222 seats. The free-market liberal Free Democrats came in at 61 seats, followed by the new Left Party, which is made up of disgruntled Social Democrats and ex-communists (54 seats) and the Greens (51 seats). A late election in Dresden on Oct. 2 could technically still shift the ratio and make the SPD the largest parliamentary faction.
The election has left Germany without a clear option for a government coalition, with three main alternatives currently on the table. The most obvious solution is a grand coalition between CDU and SPD. But a so-called "traffic light" coalition of SPD, FDP (party color: yellow) and Greens is also possible. A third version would be an alliance between CDU, FDP and Greens that has been dubbed "Jamaica coalition."
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