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Strategies & Market Trends : Mish's Global Economic Trend Analysis -- Ignore unavailable to you. Want to Upgrade?


To: mishedlo who wrote (10139)8/3/2004 12:03:17 PM
From: Haim R. Branisteanu  Read Replies (1) | Respond to of 116555
 
this is the main problem with Old Europe - UNIONS

The euro-zone has to allow workers to work as long as they want for pay that they will accept because that is the basis for the funding of its social safety net, Deppler said

the trade deficit with the US will only grow now as the 10 CEE countries are more capitalistic oriented and have cheaper labor force.

It is wrong IMHO to count only Germany at a time that for example Poland is highly modernized and skilled nation 50 million strong