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(New Europe)   The German economy takes its biggest dive since late 2009   (neurope.eu) divider line 7
    More: Scary, 16th state  
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2438 clicks; posted to Business » on 09 Jul 2013 at 9:23 AM (1 year ago)   |  Favorite    |   share:  Share on Twitter share via Email Share on Facebook   more»



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2013-07-09 12:01:21 PM  
3 votes:

MugzyBrown: [images.mises.org image 481x394]
EU "Austerity"

[images.mises.org image 538x434]

Look at those huge cuts!


Without any labels on the left hand axis, I have no idea what those numbers mean.

The bottom axis I can reasonably guess is years. The left side, I have no farking clue. Millions of dollars spent? Cow farts recorded? farkING LABEL YOUR AXIS.

Jesus, do people on the right have no concept of how graphs work? Do you guys just think they're pretty lines that magically convince people of your side of the debate?
2013-07-09 10:58:58 PM  
2 votes:

talan123: YixilTesiphon: talan123: Yeah, it's almost like they had some banks that needed hundreds of billions of Euros that they had to rescue or something.

Maybe they should try not rescuing the banks.

The point of a bailout is to not repeat the mistakes that created the great depression, not recreating them on a bigger scale.  Letting one bank collapse means that any bank can collapse which means all of the banks are going to have problems, that's what happened after we let Lehman Brothers fail.



Sorry, I'm not buying.  You may read The Economist while I spend my time watching rent disputes on TV courtroom shows but even I know risk without consequences destroys meaningful capitalism. It only delays the other shoe dropping.
2013-07-09 09:41:40 AM  
2 votes:
Turns out, your exports are going to suffer if your biggest trading partners don't have any money.  Who knew?
2013-07-09 06:48:32 PM  
1 votes:

skinink: Now is the time to beware of any well spoken failed Austrian artists migrating to Germany.


image.lyricspond.com

/Falco is making a comeback?
2013-07-09 12:10:30 PM  
1 votes:
Now is the time to beware of any well spoken failed Austrian artists migrating to Germany.
2013-07-09 09:48:09 AM  
1 votes:

Arkanaut: Turns out, your exports are going to suffer if your biggest trading partners don't have any money.  Who knew?


The Germans that pushed austerity for everyone but them all at once?
2013-07-09 09:25:39 AM  
1 votes:
German who knows all about big dives:

img250.imageshack.us

I wanted to post something relevant, but I am not in a condition to Fark.
 
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