Deflation Gripping U.K. - Threatening Wages, State Benefits & Annuities

Quote from makloda:

You don't know what you're talking about.

Prove it!

I have known Germans personally for decades, do you?

Oh and, there is now a TV show called "Raus aus den Schulden" ("Get out of debt").
 
Quote from tradestrong:

bullshit....you don't have a clue...you took on a lot of debt so that you can continue to sell your high end cars and other exports to America. If it wasn't for America buying your goods, YOUR lifestyle would be reduced.

I was talking about the German consumer, not the private sector. Read more carefully next time.
 
Quote from short&naked:

I was talking about the German consumer, not the private sector. Read more carefully next time.

Really? So Germans don't work at those German car companies that Americans buy cars from or any other German companies that export to America? Maybe you need to read carefully next time.

I always get a kick out of the "blame America" attitude that many have but seem to be completely oblivious to how Americans spending habits have funded others around the world and their ability to acquire those high paying jobs that they have, which in turn allow them to have their standard of living be higher than what it should be.
 
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