France / Germany out of recession? (1 Viewer)

[yakbladder]

http://news.yahoo.com/s/ap/20090813/ap_on_bi_ge/eu_eu_economy

"Government programs to support the auto industry helped Germany and France return to economic growth in the second quarter..."

And the Euro continues to kick the dollar's ass.

 

[BTOWN_HUSTLA]

so...capitalism = failure!

 

[Minstrel]

so...capitalism = failure!

France and Germany are a mix of capitalism and socialism, as is the US (and has been for at least a century).

 

[Sug]

The main difference is that their populations don't treat the housing market like Las Vegas, so we have a longer road. For the top 1% in this country, there never was a recession because there was a boom for them.

 

[maxiep]

http://news.yahoo.com/s/ap/20090813/ap_on_bi_ge/eu_eu_economy

"Government programs to support the auto industry helped Germany and France return to economic growth in the second quarter..."

Sweet. False growth. The EU still contracted, so what does that say for other socialized economies?

And the Euro continues to kick the dollar's ass.

Do you even understand why our dollar weak? Think massive deficits while simultaneously monetizing our debt to try to stem inflation.

 

[maxiep]

France and Germany are a mix of capitalism and socialism, as is the US (and has been for at least a century).

That's like saying a martini and a gin and tonic are both mixed drinks. One is a significantly stronger form than another.

 

[maxiep]

The main difference is that their populations don't treat the housing market like Las Vegas, so we have a longer road. For the top 1% in this country, there never was a recession because there was a boom for them.

First, you should check out the housing bubbles in Japan, the UK and Australia. They're much worse than ours.

Second, this was a recession that hit EVERYONE. In fact, it hit the wealther worse than the very poor because of extended benefits.

 

[Minstrel]

That's like saying a martini and a gin and tonic are both mixed drinks. One is a significantly stronger form than another.

I agree, but neither rejects the other. The US and European nations (each individually, as there is significant difference between different nations in Europe) each mix capitalism and socialism in different proportions. My point wasn't to suggest that the US is the same as France and Germany, just that it isn't "socialism vs. capitalism." If anything at all (I don't necessarily believe there's a competition for "rightness" as different things work for different people), it's one mix versus another.

 

[yakbladder]

Do you even understand why our dollar weak? Think massive deficits while simultaneously monetizing our debt to try to stem inflation.

Do you even understand why you come across as patronizing?

Yes, I understand why the dollar was weak. I was just making the notation with no secret inference, or government conspiracy, that the dollar is still weak. Someday I'd like to actually visit Europe so personally it does affect me.

 

[maxiep]

Do you even understand why you come across as patronizing?

Yes I do. I come across as patronizing when I correct people who make stupid posts.

Yes, I understand why the dollar was weak. I was just making the notation with no secret inference, or government conspiracy, that the dollar is still weak. Someday I'd like to actually visit Europe so personally it does affect me.

The clear inference was that the EU was in significantly better shape than the US due to their policies. If you meant something else, then you should have posted more clearly.

 

[yakbladder]

Yes I do. I come across as patronizing when I correct people who make stupid posts.

Explain how my post was stupid. Did I make commentary that was stupid? No. Did I link to something that was incredibly biased? No. You don't even know what you're talking about anymore.

The clear inference was that the EU was in significantly better shape than the US due to their policies. If you meant something else, then you should have posted more clearly.

Oh, clearly. I must apologize because you have some psychic ability to read minds now. Well, except you were wrong. Maybe you could be just a tad less patronizing and you might eventually make a point somewhere.

 

[maxiep]

Explain how my post was stupid. Did I make commentary that was stupid? No. Did I link to something that was incredibly biased? No. You don't even know what you're talking about anymore.

Your post demonstrated a lack of understanding of statistics. I happen to know a bit about macroecon. You telling me I don't know what I'm talking about only puts your ignorance under the limelight.

Oh, clearly. I must apologize because you have some psychic ability to read minds now. Well, except you were wrong. Maybe you could be just a tad less patronizing and you might eventually make a point somewhere.

You don't have to apologize. I'm not some pussy who gets my panties in a wad when someone points out a truth about me. As for making points, I make plenty. If you weren't playing Oprah and putting your feelings ahead of your thoughts, you could get past my syntax and understand what I'm writing.

 

[barfo]

That's like saying a martini and a gin and tonic are both mixed drinks. One is a significantly stronger form than another.

But the important thing is, both are very tasty!

barfo

 

[maxiep]

But the important thing is, both are very tasty!

barfo

QFT, barfo. Q.F.T.