From: Gary Britt 

I was just reading an article yesterday that indicated 17% unemployment in
Germany and more and more of the most well educated and productive (ie job
creating) people in Germany voting with their feet to emigrate to other
countries such as Switzerland and the USA.  They are tired of the
uncontrolled immigration of low skilled workers and high taxes of the
socialists.

17% unemployment would cause riots in the USA, but the core old countries
of the EU are doing great according to Phil.  Why didn't Germany just tell
these best and brightest that are leaving all about how great the Euro is
doing?  Why didn't that great news make them change their minds.

Gary

George Sherwood wrote:
> Phil Payne wrote:
>>>> http://www.presstv.ir/detail.aspx? id=11276§ionid=3510213
>>> So now taken to the Iranian websites to get the most Anti-American news
>>> you can find?  What don't you look on their sites about all the women
>>> being thrown in jail for wanting a little freedom? Or the problems over
>>> the last few weeks in Northern Iran?
>> I can hardly expect your sycophants to be unbiased.  By coincidence, it was
>> an Iranian source but - believe it or not - I don't look at the domain name
>> when picking a quote.  You can search Google News for yourself - there are
>> many others with the same take on affairs.
>
> Of course, I can also find links like this:
>
>
http://www.bloomberg.com/apps/news?pid=20601087&sid=aguRviOo2DoI&refer=home
>
>  "The reports ``signify a clearing of the decks for a better performance
> going forward,'' said Carl Tannenbaum, chief economist at LaSalle Bank
> in Chicago and president of the National Association for Business Economics.
>
> The yield on the benchmark 10-year note increased 2 basis point from
> yesterday to 4.89 percent at 5 p.m. in New York. The yield rose as much
> as 4 basis points. The dollar pared its decline against the euro."
>
>
> But they don't really prove you point. A point that you have been trying
> to prove for about 4 years now.   The collapse of the US economy.
>
>
>
>>> And what does this say about the Euro area economy?  This week's
>>> Economist predicts at 2.2% growth for the Euro area and this
is with over
>>> 7% unemployment.
>> I don't think that's at all bad considering several countries are still
>> accomodating themselves to membership.  If you look at the figures for the
>> "core" old countries, they're a little higher.
>
> Not much higher
> Belgium 2.2
> France  2.1
> Germany 2.3
> Italy   0.8
> Spain   3.5
>
> It is actually some of the new countries that are showing higher growth.
>
> Poland  6.0
> Czech Republic 5.3
>
>> The Euro has still managed 35% against the dollar in the last year.  And the
>> cost of Iraq hasn't been factored in at all yet.  When that baby hits ...
>>
>
> No one has yet shown me that this appreciation of the Euro is good for
> the EU economy.  So this must be the big on now for you as others have
> been in the past.
>
> George

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