The dollar is at its weakest point ever with the Euro
The dollar is at its weakest point ever with the Euro. It is incredible but expected. Something has to fuel the American economy now that the housing market has collapsed. Exports. They want to export their way away from a recession. Good luck.
Some Europeans worry about the rise of the Euro. Some want the currency to go down. They are concerned about European exports. Germany's economy depends on exports. If they slow down, the whole economy does as well. And unemployment is still officially around "9%." This means that it is undoubtedly quite higher even if it is supposed to be low by German standards. If the economy slows, and unemployment rises, will their be pressure on the government to do things here, to change their ways?
Somehow I doubt it. Germans had their fight destroyed in the 30's and 40's. Those that had it were killed and burned. They have yet to recover from that era when it comes to asking for justice and an end to inequality.
Some Europeans worry about the rise of the Euro. Some want the currency to go down. They are concerned about European exports. Germany's economy depends on exports. If they slow down, the whole economy does as well. And unemployment is still officially around "9%." This means that it is undoubtedly quite higher even if it is supposed to be low by German standards. If the economy slows, and unemployment rises, will their be pressure on the government to do things here, to change their ways?
Somehow I doubt it. Germans had their fight destroyed in the 30's and 40's. Those that had it were killed and burned. They have yet to recover from that era when it comes to asking for justice and an end to inequality.
