European economic engine: terrible German exports

"The German economy has once again become the engine of the European economy, and it has sailed into the fast lane, and domestic demand is becoming a pillar of economic growth in addition to exports," said Hou, a dire German exporter of China Economic Weekly.　　"October 21, German Economy Minister Raina Brudelles in a press conference confidently said. There is a reason for the high profile of the Germans, who have always been known for their rigour, and, according to the German government's growth figures for the next two years October 21, the German economy is expected to grow by 3.4% per cent this year, with fewer than 3 million unemployed, to a 1992-year low.　　In addition, the fiscal deficit, which the German government has been worried about, will fall to 2.7% of GDP next year, becoming the EU's first country to achieve the goal of reducing its fiscal deficit.　　Clearly, Germany's "European economic engine" has been launched. Fearful exporters from airbags to spark plugs, from aspirin to coffee filter paper, from swelling to the latest football shoes, "made in Germany" are in fact ubiquitous in modern life.　　In the United States, Spain, Britain and other countries collectively affected by the financial crisis, exports fell sharply, the German economy is a lone show because the "Made in Germany" exports are not affected. Because German products are professional, practical and have a reputation for quality reputation, the export of German products is relatively not very much affected by the exchange rate.　　Raina Brudelles said. German Central Cooperation Bank experts also believe that the German export structure to the backbone of mechanical equipment, overseas market demand for these products is very stable, not much affected by price fluctuations, even if the euro appreciates, the market reaction is not fierce.　　And as demand for emerging economies has been strong, Germany's once-slumping exports have risen sharply this year, boosting the German economy. The Economist has found that the proportion of German exports to BRIC countries has been steadily rising over the past 5 years. By 2009, Germany's exports to the BRIC countries were close to 40% per cent of the EU's total exports to the BRICS. Germany's export growth to the world's largest importer is also staggering, according to statistics, which has exported twice times more to the United States than China since the end of the 1990. Thus, The Economist concludes, "As you can see, it is appropriate to call Germany a formidable exporter." The quality of "Made in Germany" is clearly one of the biggest costs of its exports. German economist Herman Simon said: "' Made in Germany ' products are premium, but still grow steadily." Even countries that criticize German export models are willing to buy German products.　　"Germany does not want to be the lead boss" although Germany was sealed as "the engine leading the European economy", but the EU's biggest headache is that Germany is not willing to take the role of "lead eldest brother", especially since the Greek debt crisis, Germany's not positive attitude to the EU feel humiliated. In May this year, to stop the Greek debt crisis spreading, the EUinto a € 750 billion bailout package. Germany will guarantee 123 billion euros of credit in the bailout plan.　　But German opposition has been on the rise, leading to a rather aggressive government.　　More than half of the Germans thought it was a bad idea to save Greece, according to Forsa, a research institute, and nearly 2/3 said the weak euro would continue and Germany could not be dragged down by a weary European chariot. The German finance ministry has repeatedly issued a voice opposing the extension of Greece's loan repayment deadline, and the IMF (International Monetary Fund) to the devil.　　Second, the German government has also started to "go it Alone" on a number of major issues, such as refusing to set up the EU Banking fund, delaying the bailout of Greece, postponing trade and energy negotiations directly with Russia, and jointly proposing the establishment of a European-Russian Security Council, and so on. In fact, in history, Germany has been the conservative force of European integration, especially in recent years, France's position in the German foreign relations has been declining, Germany attaches more importance to safeguarding their position and interests, no longer deliberately to the French compromise, the two countries more difficult to form a joint effort. Plus, Germans are wary of being delayed by other countries. Under the 2011 budget, Germany would slash spending by 3.5% and cut borrowing from € 65.2 billion (originally € 81 billion) from 2010 to 57.5 billion euros.　　Many EU countries have criticized Germany's cuts as undermining the world economic recovery, but the German government has not commented. "The German public is reluctant to represent the continent with its own strength," Businessweek said in a commentary.　　"is the sturdy old machine durable?" At present, the German workplace popular one of the most classic advertising is: "Recruitment 45-year-old too young, 55 years old redundant?" We need 65 years!　　"Not long ago, the German government announced that it would raise the retirement age from 65 to 67 by 2011."　　Many commentators have argued that while the "key" to freeing Germany's economy is exports, the serious question now plaguing Germany is how long the sturdy "old machine" can continue to operate. Germany's Spiegel magazine commented that extending the retirement age would greatly reduce the pressure on pensions, the government being the biggest beneficiary. Burt Rouroux, chairman of the German Government's Advisory council on Social Policy, pointed out that, according to the current retirement age, many people are still in the most abundant knowledge reserves at this time, retirement, is undoubtedly a waste of talent.　　While postponing the retirement age, it is possible to effectively defuse the pressure on employment by shortening the working hours of employees to "share" jobs and increasing the participation rate of the labour market. But many Germans are not buying it, and they think Germany is postponing the retirement age in many European countries from the current 65-Year-old to the 67-year-old, but Germany's wages are rising at a slower pace. "Extending the retirement age means that the elderly will have to postpone the ' shift ' and pay 2 more years ' pensions to get the treatment they want. "Older people think the government is exploiting the people. Same, young people also have a lot of criticism: "Companies want to retain experienced elderly, so we want to find a satisfactory job, find the ideal location more difficult." "In addition to the general aging of employment, another thorny problem is the shortage of talent." Germany's economic sector lacks about 400,000 engineers, professional technicians and well-trained technicians, said Drieftmann, president of the German business conference. This will bring immeasurable losses to the German economic world. Germany thus gave up about 25 billion euros a year.　　Given the demographic ageing trend, this problem will become even more serious in the years ahead. Drieftmann also said it was in favour of simplifying the procedures for foreign professionals to work in Germany and simplifying the procedures for certification of foreign immigrants. But immigration has always been the biggest problem for the German government, according to a survey published on October 13, 1/3 of Germans want to settle in Germany to return foreigners, the German society of anti-immigrant sentiment is very high. Many Germans think that immigrants occupy their own social welfare and employment opportunities, so their attitude towards immigrants is unfriendly, narrow and often racist. Even Angela Merkel, Germany's chancellor, has called for German-language learning and integration into mainstream society for further study and job opportunities. "If you don't speak German, you can't integrate into German society," the German New society quoted Ms Merkel as saying. ”