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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: tejek who wrote (214248)	1/4/2005 2:29:09 PM
From: Taro	Read Replies (3) \| Respond to of 1578757

Ted, here some facts, check on them yourself: 2004 Germany Growth Rate: 0.0%. Unemployment: 10.7% (fresh as of 01/04/05 and growing). 2004 Italy Growth Rate: 0.8%. Unemployment: 8.6% (was 8.8% a year ago). Some other interesting info: Population (West only) Germany: approx. 65 Million Population Italy: approx. 58 Million (For all Germany add the ex GDR). As you know yourself the GDR part has so far not added much to the total productivity of Germany but is - your own words - rather a burden on the West (investments only, bound to yield a return in the future IMO). So why would it be so astounding that Italy could do better than Germany right now? Coming up from behind... Of course I am not talking about the total GNP but rather comparing deltas. With the Italian Delta a big plus and the Germans hanging in there, right at the bottom of the EU ladder for almost 4 years now. A fact. Add to that the intangibles, which you find out when spending time in Germany and Italy. Germany does, however, produce such important product as BMW, Daimler Benz and Porsche. Italy only provides rather unimportant stuff like food, wine, fashion and accessories of that and so on. Amazing they can do so well down there, really. Taro indexmundi.com