Dude, keep your cool and read that phrase you quoted and my OP again carefully! Your anger is making you adress the wrong people. I would say 0,7% is pretty rocking compared to what's happening in Spain, Italy, Greece or Portugal.
I'm basically of your opinion, and I think this could be as bad or worse than the great depression. You are smarter than me, because you know it will start exactly in 2015 (so 7th of May 2015 or what) and know exactly how bad it will be. I don't know when it will start or how bad exactly it will become.
I am not angry. I am trying to wake you up from your complacency.
What part of 200 year debt highs do you fail to grasp?
Can you read?
Do you seriously suggest things are as bad in Germany as they are in Italy, Spain or Greece?
This ego shit is too stupid, let's not continue this.
Actually, Germany may very well be an epicenter for the collapse of the Euro. Why? Because they are a massive creditor. During debt implosions, creditors take huge losses. Creditors tend to watch their economies contract much steeper then debtors. German manufacturing firms are loaded to the hilt with operational debt. Germany continues flooding the world with excess production of vehicles, equipment etc. All financed by debt. The German state itself is not in good shape because of simple demographics. Do you really think all those young Mohammed's in Germany will willfully pay the pensions of Mr and Mrs Hanz?
Germany has imploded it's own economy about 4 times in the last 100 years alone, including some of the worst hyperinflation ever recorded. Let's not forget the wealth loss they are responsible for via 2 world wars. Don't let their propaganda fool you.
You are painting a pretty dark picture there. Who knows whqat might happen. As I said, Germany is gonna get dragged down with the rest of the countries sooner or later.
Obviously, I was talking present tense though. Things in Germany look pretty normal at the surface (at the moment, at the very present time as we are speaking)! People are becoming increasingly desperate in Greece, Italy and Spain, but they are not desparate at this time, right now, in Germany.