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Elliot´s Trackside Diner - September 2011
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<p>[quote user="Heartland Division CB&Q"]</p> <p>Ulrich ... I hope everything gets better. The European financial crisis is getting a lot of attention in financial news hear. </p> <div style="clear:both;"></div> <p>[/quote]</p> <p>Garry - for whatever reason, the German economy is not (yet) affected by the European financial crisis. And it won´t be, as long as we don´t have to pick up the tab for the other countries. Funny enough, our national debt equals just about the same amount of money as our net contributions to the European Union [:-^]</p> <p>Voices are getting louder claiming to get us out of the Euro zone and go back to our beloved Deutschmark, but that would have severe detrimental effects on the US $ and the remaining Euro zone countries.</p> <p>Unfortunately, the strength of the German economy, coming from a well balanced mix of industrial production and service sector, does not filter through onto the job market, especially for old farts like me.</p> <p>Flo, I´ll be stepping off the [soapbox] right now, no need to bash me with that frying pan!</p> <p><span style="font-size: x-large;"><b>Clonk!</b></span></p> <p>Ouch! [B)]</p>
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