How the F*CK did Germany manage this?
How the F*CK did Germany manage this?
Wyatt King
Nicholas Brown
Witchcraft, obviously.
Colton Peterson
Gee, I wonder.
Noah Flores
They do make superior products. If you ever bought Italian products you would know.
Colton Powell
The inflation goal of the Eurozone was set always to be 2% which only France adhered to, Germany kept a lower one and every other Euro country was way above. So in the same currency situation Germany#s goods are cheaper than everywhere else. Additionally, Germany has the hardest market capitalism within Europe and the SPD utterly destroyed the labour system. Nearly all jobs created since then are temporary. Real wages in Germany basically fell.
Juan Powell
It's called getting a job. Oh yeah and we worked on all the trade agreements so they benefit us the most.
Cooper Cruz
>euro
...is that greek for "snot"?
Kevin Sanchez
EU is the 4th reich
Ethan Gray
This map shows that Portugal is Spain
Noah Howard
Alexander Rivera
Finally people are starting to realize
Ayden Thomas
We are poor, though.
Liam Martin
a typically autistic German answer, thank you Hans.
Samuel Bennett
Germans are the most non-autistic people in Europe.
David Wood
If Germany's inflation rate is lower, that means that (relatively) its currency should be stronger, which means it should import more.
Dylan Wright
They buy from us with our money. It's a humongus bubble.
Robert Robinson
Hartz 4
Hudson Sullivan
We should t have bothered with Euro, pesetas were better, resident evil 4pic for reference
Joseph Edwards
Oy bey shut it down
Nicholas Martin
And that's how it would be without the magical euro that is tied to the economies of all EU states. Germany benefits a lot from this it realy isn't a healthy system for anyone else tho.
Kayden Brooks
That works exactly the opposite in a common currency.
Let's say at t=0 producing something costs 100 in both Germany and Spain.
Spain has 5% inflation, Germany 1%.
At t=1 producing the same product costs 105 in Spain and 101 in Germany -> Spanish will rather buy german products then their own.
>devalue your labor
>while not being able to appreciate your currency
This also helped.
Blake Gonzalez
Hmmm, that's probably it.
Connor Thompson
Hey, I had not considered that, but that makes sense.
Camden Wright
>Germans are the most non-autistic people in Europe.
Jackson Price
Nice photoshop.
Daniel Brown
Nathaniel Gonzalez
Germans are hard working people, living principled lives with rules and ordnung.
That makes it an attractive destination for investments, bank deposits, government bonds etc.
However, this would strengthen its currency, making German-made products expensive to export to countries with weaker currencies.
Therefore, the Euro was devised. German excellence was mixed with Grease and other PIIGS stuff, resulting in a single currency that was undervalued compared to Germany's economy but overvalued compared to everyone else's economy.
Germans can export German-made products cheaply, while manufacturing in every other Eurozone country collapsed.
The bigger the disparity between the Euro's value and what each country's currency should have been valued on the markets, the greater the effects.
Grease money should have been worthless long ago. This is a huge disparity, which is why Grease suffers greatly under the Euro. Italians too.
Essentially, the Euro has distorted the market's price signals, creating an imbalance. It's the same principle that caused the collapse of the socialist world in the 20th Century.
Brayden Walker
ashkenazi won the ww2
Hudson Butler
>be hard-working
>work least hours
what did they mean by this?
Xavier Gray
Dont forget that southern leaders wanted this as well so they could borrow money at much lower interest rates. PIIGS had a lot of advantage because Germany was expectes to bail them out.
Also thanks for sending all your cuties to Paris
Dylan Carter
>tfw supporting bros
Hudson Diaz
A friend of mine went to Paris, she's like PhD smart and pretty and now some cute French boy is enjoying her
Noah Young
They impose huge taxes for trading with China.
After the EU goes down you'll see China everywhere.
Nicholas White
Two of the most underrated countries in Europe. What do you think of Lithuania though?
Dominic Robinson
It's about efficiency and time management
Camden Cruz
automobilien, nigger
Jeremiah Price
This. Back when I was in engineering school, my professors would always talk about German and Japanese engineering. We always looked to these two companies to learn a thing or two. It's not just a cliche or a meme, it is real. The manufacturing in Germany and Japan are the best. Every detail is so well thought out, they truly are the two most efficient countries in the world. If you want to see the greatest manufacturing in the world, look up videos of Honda. They obviously aren't the best cars, but their processes are emulated and praised worldwide. I'm sure Germany is right up there with Japan's Honda facilities.
Jacob Davis
>other countries dont have enough money to buy our goods
>but what if we devalue our own currency so that they could?
>euro is born
Charles Sullivan
Can someone explain in layman terms how this currency devaluing and shit made all this trade better for Germans?
I'm a mouthbreather.
Ryan Phillips
It's like claiming Montana shouldn't be in a Currency Union with California.
It's literally retarded Anglo nonsense.
Brandon Carter
>be german
>work hard all day
>go home just to play a game where you work
Kevin Rivera
Working is fun.
If you dont like working you should get a different job.
Caleb Adams
>If you want to see the greatest manufacturing in the world, look up videos of Honda. They obviously aren't the best cars, but their processes are emulated and praised worldwide. I'm sure Germany is right up there with Japan's Honda facilities.
>obviously not best cars
>process is praised though
cool
Isaac Sanders
The Euro for germany is 20% undervalued.
Elijah Adams
Waddya buying, el strangero
Henry Gutierrez
if you breathe through your mouth you don't freeze your nose. I do that too
Carson Thompson
>Force retarded regulations effectively choking native industry
>Force lower import tax on trash to fill the market with
>Employ cheap labor from those countries using the now unemployed people
>Sell the product made by that cheap labor for the same price
>Guilt trip those countries when they try to complain
Carter Lewis
Euopean union is basicly pact protecting german and french business in EU while beating smaller economics into submision.
handelsblatt.com
""The structural funds are for making weak regions more competitive. And a large part of every euro the E.U. gives Poland comes back to Germany. The Poles use the money to place orders with the German construction industry, to buy German machines and German trucks. So net contributors such as Germany should be interested in the structural funds. From an economic perspective, Germany isn’t a net contributor but a net recipient."
EU is not a charity.
Thomas Anderson
it's time, lads
Jacob Diaz
farming simulator is a decent game alright fuck off
Justin Foster
>be smart
>have good work ethic
Gee i wonder
Carter Howard
underrated
Liam Cook
Good work ethics
High IQ
Huge population
It's not rocket science. Germany will always come on top
Liam Rodriguez
stop being kraut stuff.
their economy goes to shit.
the eu dies.
the end.
Caleb Roberts
Supposedly because Spain, Portugal, Italy, Bulgaria and Romania bring the price of the Euro down.
Let's say it costs Germany 2000 euro to make a car they want to sell at 4000 euro. If euro price is soaring, they will have a hard time selling it, whereas if the euro is kept down, they can sell more