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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 368.31+0.6%Nov 7 4:00 PM EST

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To: DinoNavarre who wrote (65185)8/13/2010 5:42:38 AM
From: elmatador  Read Replies (1) of 217637
 
US must follow Germany's example: Exporting like there is no tomorrow!

We -the emerging markets- are pulling the Germans out of the dumps!

It was the strongest performance since the reunification of West Germany and communist East Germany two decades ago, the office said. The previous best was 1.9 percent growth in the first quarter of 1992.

Economists had expected second-quarter growth of less than 2 percent. In year-on-year terms, output rose by 3.7 percent.

While foreign trade was one of the key drivers of growth, household and government consumption also contributed to the rise in gross domestic product, the statistical office said.

An improving global economy has fed demand for German exports, while industrial orders and business confidence have been rising.
nytimes.com
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