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Search: Posts Made By: dieter
Forum: Diavlog comments 11-03-2011, 06:17 PM
Replies: 44
Views: 5,814
Posted By dieter
Re: Foreign Policy Rant Edition (Heather Hurlburt & Daniel Drezner)

It did in Germany in the past, because it allowed Germans to import more in return for their exports, or spend money abroad.


No, I am not talking about GDP growth, although growth was depressed...
Forum: Diavlog comments 11-03-2011, 03:47 PM
Replies: 44
Views: 5,814
Posted By dieter
I didn't blame China

No, I did not blame China. I used China as an example to illustrate the relationship between Germany and the rest of the Eurozone. I did this, because Americans understand that China subsidizes its...
Forum: Diavlog comments 11-03-2011, 04:57 AM
Replies: 44
Views: 5,814
Posted By dieter
Re: Foreign Policy Rant Edition (Heather Hurlburt & Daniel Drezner)

Real wages stagnated and declined. Municipalities can't afford to fix their infrastructure. Pensions and the welfare state have been slashed under the Red-Green coalition.

My sources are Dieter...
Forum: Diavlog comments 11-02-2011, 09:01 PM
Replies: 44
Views: 5,814
Posted By dieter
Re: Foreign Policy Rant Edition (Heather Hurlburt & Daniel Drezner)

No.

This is due to lack of currency appreciation and the higher real interest rates since the introduction of the Euro. It used to be that the Deutschmark would appreciate every couple of years....
Forum: Diavlog comments 11-02-2011, 07:31 PM
Replies: 44
Views: 5,814
Posted By dieter
Re: Foreign Policy Rant Edition (Heather Hurlburt & Daniel Drezner)

That's nonsense. PIIGS-consumerism is a huge burden on Germany's public and private incomes. Since the introduction of the Euro, the loss amounts to about 10% of GDP per annum.

The current state...
Forum: Diavlog comments 11-02-2011, 05:18 PM
Replies: 44
Views: 5,814
Posted By dieter
The 2013 German elections are irrelevant; Opposition no longer exists in Germany

Heather Hurlburt and Daniel Drezner incorrectly assume that the overwhelming rejection of the Euro-bailout among regular Germans will cause trouble for Merkel and the Eurozone.

For that to happen,...
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