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Old 15-12-2005, 10:32 AM   #1 (permalink)
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Default International Trade In Action.

A corrispondent of mine in the US stated that Germany was a workers paradise. I pointed out to him the millions of un-employed, the new chancellors economic desperation and in fact that France was a workers paradise because they only work a 35 hour week. This is how he replied.

"BTW, when I said Germany was a worker's paradise, I was thinking of the workers who actually have jobs. It's nearly impossible for a German to actually get laid off. I guess its much worse for the unemployed. But yes, the French do have get treated well. I have a feeling that will change. Their system is built on some unsustainable truths they haven't been very honest about.

I do a lot of buying from European firms. I used Germany as an example because of a personal connection. Germany's labor policies along with the rise of the Euro have been driving up the price of European goods, and its starting to hurt them. As an example, Kemper (Germany) and Liquid Plastics (UK) are competitors, and I buy from both. Kemper's price has been rising to the point where LP is taking a lot of their business- LP opened a plant in the US which is much more profitable than Kemper's plants in Germany. When Kemper wants to know why they are losing business, the answer is simple: Because of Germany's labor and financial policies, Kemper can't put out a product as cheaply as Liquid Plastics. The two companies are nearly identical in capability, government policy is the only thing seperating them. So, Kemper's owners and employees have no one to blame but their own bureaucrats."

So there you have it. Britain is benifiting from being outside the Euro. proof.
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Old 15-12-2005, 11:35 AM   #2 (permalink)
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Sadly British cash will be raped from her anyway for redistribution to countries such as France in the form of subsidies.

Thus we are sliding towards having the absolute worst of both worlds.
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