Bratwurst Boy
3 Apr 2020
News / How hard will Poland be hit by the economic crisis? [116]
What "service economy"? Their mainstay had been shipping, with one if not the biggest flotillas in Europe if not the world!
en.wikipedia.org/wiki/Greek_shipping
They don't have a service economy...whom would they serve? With what? Decades of bad economical decisions and a near non-existent bureaucracy led to them having barely any economy at all by now.
Oh please, not that bad old Krugman argument again!
Ever been on a real market? There you see stands besides stands and even more stands who all sell produce and fruits and what not...it's about quality and prices which gives customers the choice as it should be in a free market world. And mostly all stands earn their money!
It's not Germany's fault that Greece has been unable to come up with a say...dishwasher rivaling what Germany or Japan could put up in it's market stand. Just becauce Germany produces a dishwasher doesn't mean Greece can't do either! If it would be as good (or better) Greece would earn lotsa money, even when Germany also sells it's dishwasher!
And just think about the US...50 states in a real union....some states excell in dishwasher, some in produce...still, they have the same economical government and laws and oversight...and it works!
Is this something inborn in Southerners? Or what? Please explain, I can't follow you!
Greece has a service economy with minimal production and very few exports...
What "service economy"? Their mainstay had been shipping, with one if not the biggest flotillas in Europe if not the world!
...the Greek Merchant Navy controlled the world's largest merchant fleet....
en.wikipedia.org/wiki/Greek_shipping
They don't have a service economy...whom would they serve? With what? Decades of bad economical decisions and a near non-existent bureaucracy led to them having barely any economy at all by now.
Within the EU exports and imports sum out to zero - Greek gains mean German losses...
Oh please, not that bad old Krugman argument again!
Ever been on a real market? There you see stands besides stands and even more stands who all sell produce and fruits and what not...it's about quality and prices which gives customers the choice as it should be in a free market world. And mostly all stands earn their money!
It's not Germany's fault that Greece has been unable to come up with a say...dishwasher rivaling what Germany or Japan could put up in it's market stand. Just becauce Germany produces a dishwasher doesn't mean Greece can't do either! If it would be as good (or better) Greece would earn lotsa money, even when Germany also sells it's dishwasher!
And just think about the US...50 states in a real union....some states excell in dishwasher, some in produce...still, they have the same economical government and laws and oversight...and it works!
There's literally no economic progress possible
Is this something inborn in Southerners? Or what? Please explain, I can't follow you!