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Germany Still Surging

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Goodbye Club Med.

Sarkozy must be getting a bit hot under the collar.

http://news.bbc.co.uk/1/hi/business/7288324.stm

The French are doing alright aswell. They will be the world leaders in nuclear reactor design and construction (EDF). They also build huge amounts of railway rolling stock (Alstom) for other countries.

At least we have some quality export industries aswell :unsure:

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The French are doing alright aswell. They will be the world leaders in nuclear reactor design and construction (EDF). They also build huge amounts of railway rolling stock (Alstom) for other countries.

At least we have some quality export industries aswell :unsure:

thar's right we have exported "ALLO ALLO" to the germans, they are actually getting a sense of humour now, whatever next!

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Sure europe has it probloms but in general it's a better bet than the UK and it's well worth opening a euro account as the pound will fall a lot lower against the euro.

Nice to know our MP's voted last week to deniy the public a referendom on the EU constitution don't you think.

in time gone by this would be an act of treason but who cares when all the sheep are in bed.

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From that BBC article

... Germany retains its crown as the world's top exporter, selling almost one trillion euros ($1.5 trillion) worth of goods abroad in 2007, according to the Federal Statistics Office, compared with China's $1.22 trillion...

But of course RB and Ambrose of the Telegraph will continue to go on about the Euro self destructing, it not likely to survive beyond 2010 and the US$ is great.

I think the real problem is Sterling. Both Europe and the USA will manufacture and export their way out of this mess. The UK will continue to export repeats of the Vicar of Dibley.

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From that BBC article

... Germany retains its crown as the world's top exporter, selling almost one trillion euros ($1.5 trillion) worth of goods abroad in 2007, according to the Federal Statistics Office, compared with China's $1.22 trillion...

But of course RB and Ambrose of the Telegraph will continue to go on about the Euro self destructing, it not likely to survive beyond 2010 and the US$ is great.

I think the real problem is Sterling. Both Europe and the USA will manufacture and export their way out of this mess. The UK will continue to export repeats of the Vicar of Dibley.

Nice summary ;)

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the stock market as a whole can move up and down

in the currency markets there is no net winner or looser. For every currency that goes down in value there is one that will go up in value

the major currencies are

Euro

USD

Sterling

Yen

USD is falling, Sterling is falling, Yen & Euro are rising.

so if you think the EUro is gona fall, which currencies are gona rise?

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The issue isn't wether it will fall or rise. It's wether it will FAIL completely.

I don't think it will, but plenty of people do.

The Euro failing doesn't mean that Euros become worthless. They would just phase national currencies back in and Euros would be fully convertible.

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The Euro failing doesn't mean that Euros become worthless. They would just phase national currencies back in and Euros would be fully convertible.

How can that work ? Would there be an ERM in reverse ?

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From that BBC article

... Germany retains its crown as the world's top exporter, selling almost one trillion euros ($1.5 trillion) worth of goods abroad in 2007, according to the Federal Statistics Office, compared with China's $1.22 trillion...

But of course RB and Ambrose of the Telegraph will continue to go on about the Euro self destructing, it not likely to survive beyond 2010 and the US$ is great.

I think the real problem is Sterling. Both Europe and the USA will manufacture and export their way out of this mess. The UK will continue to export repeats of the Vicar of Dibley.

wow, thought it was the U.S.?

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Guest An Bearin Bui
wow, thought it was the U.S.?

It varies - I think China briefly overtook Germany in 2007 but the Germans have clearly caught up again. I don't think the US has topped the list for a while now, largely because US corporations are outsourcing everything to China. They might start changing their minds now with the dollar dropping and inflation driving up wages in China.

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Germany manufacture everything the newly minted chinese want to buy and as such the majority of their goods are going to China to increase their manufacturing ability.

Brazil is interesting though, the government there is actively encouraging manufacturing base especially in Sao Paulo. I suspect in the next few years they will surpass the US. Unlike the British economy reliant on BBC exports, and music :blink:

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  • 295 Brexit, House prices and Summer 2020

    1. 1. Including the effects Brexit, where do you think average UK house prices will be relative to now in June 2020?


      • down 5% +
      • down 2.5%
      • Even
      • up 2.5%
      • up 5%



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