Wet Dreams And Grown Men

found object 47.Kalenderwoche

(r) A high-rise on the German export!
Why the "Germans" have to tighten their belts, and other European countries are lazy and corrupt.

In the German law is that we have a balanced current account should have, we say exactly the same export value of goods we import. But unfortunately, government and media praise for several decades so that we export world champion (since last year in China). To be as strong
export requires that these wages in Germany, of course, kept very low and will drop - the impact we can see across the country. This of course has the consequence that decreases our domestic demand. The bigger problem is that our immediate neighbors in the EU are strongly suppressed in the corner. Before the euro had all the states to evaluate the possibility of their currency, as the now the U.S. and China do. Since they no longer have this option, you buy the cheap products from Germany. As a result, more and more money flows to Germany, but only slightly out. German exporting companies then set their money, which banks then lend generously again leaving the country. As our neighbors get no money by trading in Germany, they have to borrow the money, in order to buy back the cheap German products. At some point, the point is reached where the German banks believe that they no longer get back the money and set the rent. It happened in Greece and the other southern European countries will follow. But as we all these countries need to continue to uphold our paragraphs were applied huge parachutes for the indebted countries of the European taxpayer. To once again to describe in detail: the money, which applies to the German tax payer, get our southern neighbors, who use this money German private banks. That is, we indirectly pay the money to the German banks and the reason is the low wages in Germany, which means we are cut twice a ride. The insidious thing is though, that the German government is now demanding that all these countries, their wages to the low German wage To adapt, they still face the same competition. The only problem is that it can not win in the competition among countries. A company may go insolvent, but countries do not and if so, can citizens emigrate not all be thrown out as employees in companies. Let's assume, just as the trend looks just received all the euro countries in the competition in wages. It is soon to come in the end to deflation and recession. The critical question is, who benefits from this crisis?
http://www.youtube.com/watch?v=lyg1lp9kU_s