1. First of all: the Spanish worker don't earn 90% of German wages: earn 50% if they are lucky!
And, still the Spanish wages can be lower and lower with the new policies.
The OECD is telling us (the Spanish) since 2007 to low down the wages, in a country where the wage's average is 1.000 euros per month! Or was...
How much less?
2. By the way, what is happening in UK? They have a big crisis even having their own "sacred" pound! And the recession will increase after the Olympics, next summer.
3. I'm sorry buy German products are not cheaper than the Spanish, unless if they are made in China or Turkey, same than the Spanish companies that went out to produce to other countries.
And, even more, Spaniards are buying cheap products from China from many years ago, because there is not production in Spain, nor in Europe, cheaper than in China or India, for example.
4. Finally (by now), we knew (Europe) the attack to the euro will come soon since the invasion to Irak. Was being to strong. But, if Europe falls dawn, who else will buy the goods from the third world?
Who is going to buy from the chines shops? Maybe Senegal?
