Originally posted by Melvin Menezes:
[...]race between the empire of North America(read US) and the empire of the EU(read Germany)
Germany is in the deepest moralic crisis since 1945. Conquering the world? HaHaHa
In the EU in the last 10 year we have higher growth rates only in relatively poorer states like Spain, Ireland and Portugal.
We had GDP growth 0.8 2001, 0.2 2002 and lot of people expect recession this year (including me).
Our politicans put lots of effort for strict monetary and budgetary policy for Euro-countries.
We broke our-very-important-rules. We have to pay penalty for having broken them.
One needs anti-depresiva for reading the economic section of a german newspaper.
[ January 21, 2003: Message edited by: Axel Janssen ]