Germany: Old Economy Doing Just Fine

Posted by on May 22nd, 2008 at 02:05pm

American Madness wrote an interesting post today on
Here’s a quick excerpt
For the past couple of years, Germany has been the engine of the Euro zone economy.Turning bolts, Germans were told - often by other Germans - had no future in Germany. The persistence of heavy manufacturing symbolized the country’s inability or unwillingness to transform itself into a modern, services-oriented economy like the United States or Britain, two oft-used yardsticks. Today, the manufacturing sector in Germany is growing as a proportion of the country’s total economic output, and Germ

Read the rest of this great post here

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