Reply #18: Because they have not adopted unfettered capitalism...Germany is [View All]

[Gloria]

in the same position. As explained today on the BBC, Schroder has tried for some reform but his party swings to the left and won't back him. Merkel is preaching a fast turnover to a freer business model.

This is all supposed to create jobs. But, I wonder, how? They just let all those Chineses textiles into Europe after all.... clothing manufacturing has been hit in a lot of countries in Europe like Romania where labor is cheaper, but not cheap enough. So, what industries are going to suddenly burgeon if China is there??