Follow along with the video below to see how to install our site as a web app on your home screen.
Note: This feature may not be available in some browsers.
Discuss EF's referendum on the EU. in the Electricians Chat - Off Topic Chat area at ElectriciansForums.net
high unemployent at over 50% for young adults in spain is mainly well educated and skilled people ... now germany is encouraging them to influx into germany and giving them german lessons to work there uhmmm! its nice to pick and choose your immigration so you only attract well educated and skilled work force this is a country trying to build a protective wall of skilled industry
Excerpt from a recent currency traders report:
"Even though the Eurozone-wide results still showed output decreasing, the important thing for traders was that the figure was moving in the right direction, which added weight to the recent spate of claims that the worst of the debt crisis is over. Having said that the gap between the German and French, the 17-nation bloc’s largest and second largest, economies stretched to an unprecedented level, suggesting that more needs to be done to balance out labour market competitiveness, even in the Eurozone’s inner-most core."
So to reiterate my point. If you have a single currency with one set of interest rates, set by a European institution largely influenced by Germany and France, the variable european wide interest rates will benefit one country more than another, as many countries will be at different stages in the economic cycle.
The above report is saying a number of things we've been saying in this forum.
The German economy is outperforming all others including France and the difference between the 2 economies is growing. Unemployed workers are flowing towards the more successful economies with employment, creating a larger economic gap between the haves and the have nots.
Fortune favours the most powerful, not the brave.
and that adolph merkel don't help any, either.
The EU parliment reminds me of a group of people on a bar crawl, with the collective obliged to buy drinks.
In the end you end up buying more than you consume, left with a sinking feeling / empty wallet realising you've been taken advantage of.
Instinct telling you not to repeat the same mistake again.
Until the process repeats itself the following week - followed by an even greater sense of regret.
Until the day you mature and gain the strength to say "No more follow my leader" - its time to go it alone.
its called socialism, that is what the aim of the EU is. Rich get shafted for ever
its called socialism, that is what the aim of the EU is. Rich get shafted for ever
Reply to EF's referendum on the EU. in the Electricians Chat - Off Topic Chat area at ElectriciansForums.net