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Wednesday, November 29. 2006Germany's Economic ProblemsPosted by Editors in German Politics, International Economics on Wednesday, November 29. 2006
• The Economist: The sad lack of reformers in Germany, even on the right: "The economy is in its best shape for several years, in part thanks to labour-market, tax and other reforms pushed through by the previous government and by the grand coalition of Christian and Social Democrats (CDU and SPD). Yet the reformers are on the defensive."
• The Economist: German inequality: "The country is no longer the equitable middle-class society of its dreams. Rising inequality has led to two debates: one about bourgeois values, the other about an underclass. The first has long simmered. The second is causing a stir reminiscent of last year's 'locust' debate over foreign investors." • Sign and Sight (translating Die Zeit): Berlin: capital of the underclass: "on Berlin, the urban insult to Germany's faith in hard work." • Houston Chronicle: Berlin facing acute Santa shortage just before Christmas. Don Surber's comment: A German take a job? Ho-ho-ho Trackbacks
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Don S
- #1 - 2006-11-30 01:20 - (Reply)
"They also stand for cultural conservatism and stability, constituting a “power to protect slowness”, in the words of Franz Walter, a political analyst." Comments ()
Anonymous
- #2 - 2006-11-30 07:24 - (Reply)
Berlin: capital of the underclass: Poor but sexy! Comments ()
Fuchur
- #2.1 - 2006-11-30 13:09 - (Reply)
Well, the Bavarian perspective is a bit different... Comments ()
Zyme
- #2.2 - 2006-11-30 14:02 - (Reply)
Berlin is the perfect example of what happens when responsibility is shared by too many. Comments ()
Don S
- #2.3 - 2006-11-30 14:50 - (Reply)
"Yes, Berlin is poor and sexy. If it weren't for the cheap rents and the low costs, Berlin would merely be a big but average german city. It's sexy because a lot of young people who just can't afford living in Hamburg/Munich/Cologne (no one want's to live in Düsseldorf) choose to live in Berlin. That's Berlins biggest resource. Turn that city into an expensive place like London and you'll have a rich but boring place like Wiesbaden." Comments ()
Zyme
- #2.4 - 2006-11-30 14:59 - (Reply)
Berlin like New York? Come on.. there won´t be any skyline district in Berlin like in New York. With its aristocratic sights and places, it will be a lot more like Vienna, Paris, Munich or St. Petersburg, I assume. Comments ()
Don S
- #2.4.1 - 2006-12-01 15:08 - (Reply)
Zyme, Comments ()
joe
- #3 - 2006-11-30 15:33 - (Reply)
I don’t understand all this gloom. Is it possible this is much to do about nothing? Comments ()
mbast
- #3.1 - 2006-11-30 20:30 - (Reply)
"Am I once again missing something?" Comments ()
mbast
- #4.1 - 2006-11-30 21:50 - (Reply)
Good question. No idea, really. I guess the whole thing is in part due to some scholar or other having decreed that Germany's economy is bad and Germany's economy proving him wrong. Plus we've been so accustomed to bad news these last years that a bit of good news tends to go unnoticed. Comments ()
Don S
- #4.1.1 - 2006-12-07 04:28 - (Reply)
I think it's that lovable German sense of optimism coming to the fore. There has to be a german phrase for that characteristic sense of depression?..... Comments ()
Volker
- #6 - 2006-12-01 18:50 - (Reply)
We don't want the british to be jealous of us, as in the "Wirtschaftswunder" days. Therefore BAD news every day. Comments ()
Zyme
- #7 - 2006-12-01 19:22 - (Reply)
And who is braking the german economical boost? Comments ()
Don S
- #7.1 - 2006-12-07 04:24 - (Reply)
Not America, Zyme. To say so would be guilty of anti-Americanism. No, let's take the high road: ;) Comments ()
Zyme
- #8 - 2006-12-01 19:52 - (Reply)
Btw I found this article about Trade with Iran: Comments ()
influx
- #9 - 2006-12-02 15:10 - (Reply)
Looks like US consumers are helping out German car companies: Comments ()
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