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Originally Posted by Skybird
[...] And I say since so many years now that an economy that is so hopelessly depending on exports and thus on foreign markets and thus factors beyond its own control and influence, is mislabelled when describing it as "strong". [...]
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Well you can begin to dig for iron, uranium and other resources in Germany if you want, but fact is there is not much, and we have long since become a country that exports technology, and pushing the service sector. I cannot see how this will change unless we concquer some colonies to get resources.
B.t.w. due to the strong dollar (ahem) EU exports have thrived in the last days, and the index went up one point only yesterday.
http://www.spiegel.de/wirtschaft/soz...a-1134464.html
http://www.spiegel.de/wirtschaft/soz...a-1134314.html
http://www.zeit.de/wirtschaft/2017-0...rognose-europa
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[...], after two socilaist tyrannies in just 3 generations, suffering still seems to be the only thing that holds some chance to nevertheless make them change under pressure, if learning from reason and historical experience is so much too much asked of them..
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Fact is the sky is neither falling in England, nor in the EU.