Why is the Germany economy so successful, despite being heavily regulated? Is it just the result of strong cultural values?
German Economy
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It's the result of German work ethics combined with low wages.
The UK buys their cars.
That's it.
Looking forward to Brexit.
A big chunk of our economy is in small and medium-sized enterprises focusing on highly specialised, highly advanced and custom-tailored products and services with the goal to dominate their very small niche on a global level. Often they're also family businesses and run with the care of a family business and those sort of companies have proven to be extremely resilient and succesful.
That's why Germany has such great exports, for many years having been the world leader in exports, despite having comparatively few megacorporations.
Also I don't think our economy is particularly heavily regulated.
The Hartz IV reforms, a culture of fiscal orthodoxy, and surplus trading.
It also helps when you have a very strong influence on the valuation of an international currency you just so happen to use when selling your advanced machinery on the international markets.
Stupid Kraut, it's not just because "muh better engineering", it's also because you guys like keeping shit countries like Greece in the EU to balance out the top performers that boost the Euro's value.
When you make quality goods and can sell them much cheaper than the same quality good made somewhere else, you're going to be the one people buy from.
This,desu.
you guys work like 3 hours 4 days a week
Someone got brainwashed by german propaganda :]
They are so huge economy for one simple reason, EU was cool and everyone was benefiting until one day (around year 2000) german elited decided "fck this, we will do KANGZ things once again" and they started manipulating EU in a way that would make them benefit the most.
They were killing any kind of enterprise in other EU countries, and make sure that no new competition pop up in this countries. But after some time they decided its still not enough for them, so they started manipulating euro currency in a way that only german economy would benefit from it. Just below the inflation level etc. Southern european countries like greece needed cheaper euro to be able to compete with for example germany etc etc.
This way they were draining all the wealth from other eu countries.
Now we are in situation where German economy is exacly the same thing what Russian economy is. Both of them need to export things to survive. German Export makes 50% of their GDP and is still rising. The bad part is that in order to sustain this, other countries have to have money to keep buying german things. So Germans keep forcing unwanted loans to countries like Greece that went bancrupt 4 times already, and Greeks are happy because instead of eating grass and paper they can keep on buying german things for money that they dont intend to return ever.
>Southern european countries like greece
Found the Greek. Your country is and will always be a failure. All that changes is who you blame.