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Comments by "bighand69" (@bighands69) on "How the German model survives" video.
Germany is in recession like everybody else the real difference is that it is doing better than other countries in recession. When world trade picks up again when the debt cycle becomes manageable then pay will increase in Germany far more than other countries. And this increase in Germany will be more stable.
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The homeless people in the US have problems and this is part of a greater social issues. The US is a very wealth country and is still the worlds number one exporter. The difference between the US and Germany is community based businesses. Germany has a lot small businesses that in turn are feeding the economy and they do not care about share prices. Germany also has a lot of automation which in turn means these small businesses have very high production outputs and they are competitive.
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It is not the Euro that is giving Germany such growth it is the fact they export world wide. All those high tech machines in China are made in Germany. And there people are also focused upon production and exports. Germany is also built on small business that feed local communities. There are a mixture of reasons why Germany is very successful.
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What do you mean by that and abuse compared to who.
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