Berlin Boost
11/13/2013 | | Economic forecasting, Eisenberg and housing economics, Eisenberg and public speaking, Elliot eisenberg, German exports, Germany, Graphsandlaughs, MLS, Multiple listing service, Public speaking economist, econ70, economist on TV, economist on radio, eisenberg and economics, funniest economist, funny housing economist, graphsandlaughs and eisenberg, housing sales, mortgage banking, politics and economics
Since 2006, Germany has been running annual trade surpluses of over 6% of GDP, making it hard for Southern European nations to export their way to prosperity. While the EU is employing harsh adjectives with Berlin in an attempt to make Germany change its way, Europe’s best hope is to have the left-leaning Social Democrats join Merkel’s coalition and demand expansionary fiscal policy, leading to faster growth and more imports.