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Germany $ 36,033
Greece $ 28,434
Portugal $ 23,222
Romania $ 11,860
China $ 8,394
In Greece there is an obvious mismatch between actual wealth and the willingness to share that wealth within the country. Individuals hide their riches, the tax authority is unable to collect revenu taxes and the rich don't share with the poor. Europe and the German are the scape goats, although the real problems are all home made.
It's just politics.
Who benefits from a weak euro or $?
Who benefits from a strong euro or $?
What is currently the leading currency and what are their preferences?
natürlich mein Herr, es ist alles vergleichende. Ich wurde eher metaphorisch, wird mein genetisches Heimat überleben, besser zu sein als vorher. gefällt dir mein Übersetzer?
Right, Fat Tails put $ so I assumed (incorrectly).
Here it is all in USD, again mainly because I was curious:
US $ 45,989
Australia $ 42,279
France $ 41,051
Germany $ 40,670
Canada $ 39,599
Greece $ 29,240
Portugal $ 21,903
Romania $ 7,500
China $ 3,744
India $ 1,192
You can get any of these you want, just google "gdp per capita <insert country name>" and Google gives you a direct answer at the top.
The translator is awful, just like one of the dogs of @Big Mike performing an opera.
No confusion between $ and €. The point is that the income per capita in Eastern Germany is about the same as it is in Greece. In Western Germany it is comparable to the US or Australia. I am not posting any figures, because it is boring to do so.
I'm not going to presume to know what you mean ...lol
I don't see it in the same way.
If any one is carrying any burden, it's only in terms of their risk implicit in their potential gain from speculation.
Neither Germany, nor any one else, are "saving Greece", rather their own "rear ends".
The IMF's deal was access to around $120 Billion over 3 years.
If we are all thinking that either this amount of virtual money, or the demise of Greece, is a serious risk to the stability of the entire worlds financial system, then we all need our heads examining.
What it seems is actually at stake is confidence.
Confidence in "the system".
Trouble is, the more "the system" does to to try to convince that everything is either ok or will be ok, the more it exposes itself to the sheer non sense of the mirage.
Indeed it does, I agree.
Perhaps nothing more complicated than a paradigm shift...who knows...we shall all, no doubt, see..
It does seem that we are increasingly at the behest of officials, elected or otherwise, that don't seem to be serving the interests of the people.
I've enjoyed his candor and willingness to speak his mind.
I posted these in another thread (by mistake in hindsight) that you may already have seen...
A new democratic revolution is sweeping northern Europe - Nigel Farage
FIAT currencies are falling across the globe - Godfrey Bloom MEP
