Britain could soon be Europe's sick man again - Europe shifts - Franco-German axis set to split

Daily Telegraph (London) ^ | 05/09/2005 | Ambrose Evans-Pritchard

[Lessismore]

From Siberian fields, not from the Caspian basin.

[OESY]

http://www.mpi-fg-koeln.mpg.de/~lk/netvis/globale/autoe2.html.html

This excerpt will also answer some quesions other posters have had:

Central Europe has emerged as an export platform for German automobile producers.

About one third of car production by German companies in the Czech Republic, Hungary, Poland and the Slovak Republic was destined for the German market in recent years.

German car exports to the four Central European countries increased by much less than German imports. As a result, Germany reported an import surplus of about 170.000 units per annum in 2000-2003.

-- Peter Nunnenkamp, Kiel Institute of World Economics, (Bochum/Wien June 2005)

http://64.233.161.104/search?q=cache:9QC8FImsi9QJ:www.euroframe.org/fileadmin/user_upload/euroframe/docs/2005/presentations/nunnenkamp.ppt+car+imports+vs.+exports+germany&hl=en

[SierraWasp]

You bees a smart Grampa, Dave!!!

[SunkenCiv]

"The profits made by German companies are running at over 33 per cent of national income, the highest in 40 years. Eyeing a bargain, the world's canniest are already piling into German assets for the great Teutonic rebound. George Soros and fellow hedge funders are snapping up distressed banks."

much more:
http://www.freerepublic.com/focus/keyword?k=merkel

[dervish]

"And they've been in recession for 10 years with unemployment above 12%. This is the mercantilist fallacy at work "Exports good, Imports bad".

This is the Socialist Fallacy.

With a free market and a reasonable tax load Germany would have an incredible economy. They have shot themselves in both legs.

[Eva]

You are probably correct, the writer mentioned that investment money is pouring from other countries. He may mean like the investors that moved the production of Bosch appliances to China.