Tuesday, August 14, 2012

EU winners and losers

This article has me wondering about who the winners and losers in the EU really are. 6 years ago Greek companies were selling their freight ships to German companies, now they're buying back those ships at huge discounts as German companies are go bankrupt.


The more I think about it the smarter the Greeks sound. They took out lots of debt to buy German cars, debt which the Germans are now on the hook for... brilliant. Although I've said it before and I'll say it again - don't push around the Germans you won't like them when they're angry.

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