Shocksplicer said:
Farther than stars said:
NameIsRobertPaulson said:
Welcome to the US of A...
Many people look at their country and say "I've never seen our government in such bad shape." Germany and the US do not have this problem.
Actually, Germany's doing quite well right now. Economically speaking you could say that it's in the best shape of all the Western nations.
As an Australian I can tell you that our government and economists often claim that we have the strongest economy post-GFC. This probably just indicates that nobody really came out on top... :/
Ah, you're absolutely right. It looks like I fell for the common mistake of forgetting Australia as being part of the West, since it doesn't border the Atlantic. But I definitely agree that there's a case to be made for Australia's economy. Natural resources certainly top Germany, but then your buying power is a lot less, which is a major factor in determining economic flexibility. However, I would agree that, in broad strokes, having a debt of 30% relative to GDP is better than a debt of 87%. So I would amend my earlier statement to say that Germany has the second-strongest economy of Western nations.