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Politics : Formerly About Advanced Micro Devices

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To: Tenchusatsu who wrote (567457)5/21/2010 5:20:15 PM
From: tejek  Read Replies (1) of 1574372
 
Ted, > if the UK is so smart, how come its in nearly as bad an economic mess as Italy and Spain

It's not about who's smarter. It's about sovereignty.

Germans are obviously pretty smart and rather productive, but if they have to bail out a recalcitrant Greece, the fruits of German ingenuity go to waste.


That recalcitrant Greece buys a lot of German products. Why do you think Germany is the second largest exporter ahead of the US?

When I visited Geneva, I wondered why the Swiss didn't join the Euro system, even though landlocked Switzerland is completely surrounded by nations on the Euro. I thought it was because of their banking system. Now I see it's also because they didn't want to end up like Germany.

No, you were right the first time......its because of their banking system and their status as a financial safe haven and neutral country. In addition, the Swiss are weird.....they like their isolation........I guess it comes from living on those mts during long winters.
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