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2005-05-06 Home Front: Economy

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Posted by mhw 2005-05-06 9:22:59 AM|| || Front Page|| [4 views since 2007-05-07] Top

#1 There is something interesting happening in the world economy. The USA, Australia and the UK are enjoying record levels of employment while the Eurozone, notably France and Germany have record levels of unemployment. As globalization progresses, speaking the global language has its advantages.

Posted by phil_b 2005-05-06 09:43|| 2005-05-06 09:43|| Front Page Top

#2 I suspect it has more to do with attitudes than linguistics. The Germans and French have turned inward looking for security. The Anglos are looking outward, willing to take risks to make gains. 20 years ago the Irish and Indians would have been in the same boat as the French and Germans. But they've had an attitude adjustment, thanks to Russian failure and Chinese success, and now they're growing too. It's not hard, just a little uncertainty. In the French case you get uncertainty at the macro level and certainty at the micro level, at least for a while and with the Americans you get certainty at the macro level and uncertainty at the micro level

Posted by Mrs. Davis 2005-05-06 11:24|| 2005-05-06 11:24|| Front Page Top

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