Subject:
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Re: What happened?
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Newsgroups:
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lugnet.off-topic.debate
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Date:
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Sun, 18 Jul 1999 22:39:12 GMT
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Viewed:
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936 times
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Larry Pieniazek wrote:
> Why is that, exactly? Compare and contrast the unemployment rate in
> Germany to that in Ireland. Factor of 4 difference. Why? What's
> different, exactly? Discuss.
I thought we was comparing the US Economy to that of Europe's.
Ireland's economy is improving because of the peace agreement - money is
flooding in because it won't get blown up by terrorist ground strikes.
Germany however and to squeeze it's economy into the Euro and so
thousands of jobs were lost - it had to conform to the conditions of the
Maastricht Treaty - I can't remember what they are.
> I'll bite. What? Why?
It goes bust! It's the way capitalist 'market forces' work.
The UK Economy is now specifically engineered to stop it booming but
also to stop it going bust mostly by strict control of inflation by use
of interest rates.
--
Carbon 60
ICQ # 5643170
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Message has 2 Replies:
 | | Re: What happened?
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| (...) I'm not sure you can really compare the US economy to Europe's since Europe still doesn't really have a single economy - after all isn't that one of the problems the Euro is having? We've got some countries doing well and some countries not (...) (25 years ago, 19-Jul-99, to lugnet.off-topic.debate)
| | | Re: What happened?
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| You were getting on about how great Europe is compared to the US. My point is that the US economy, having just went through a period of some deregulation, and a period in which a number of new industries sprang up faster than the government could (...) (25 years ago, 19-Jul-99, to lugnet.off-topic.debate)
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Message is in Reply To:
| | Re: What happened?
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| (...) Why is that, exactly? Compare and contrast the unemployment rate in Germany to that in Ireland. Factor of 4 difference. Why? What's different, exactly? Discuss. (...) I'll bite. What? Why? (25 years ago, 15-Jul-99, to lugnet.off-topic.debate)
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