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gimlo

07/02/18 11:52 AM

#17491 RE: ves #17485

well awfully down in the dumps. But... he may be in a business that is being affected by tariffs. Europeans have the most protectionist policies anywhere. Most of the scandinavian countries hit us with a 40% tax if you can believe it for imports. They're terrible. China is ripping us off all over the place.

I think what is happening is americans think it is utopia over there because they are doing a wonderful pr campaign but those countries do not have the opportunities that we have here and they are too regulated.

all have sluggish growth so trump is in the drivers seat. the uk is at 1.5 gdp... and germany is at 2.5 which is so-so but most of the countries are still lingering at 1 and that is like a depresion still. so they're not doing that well. we're doing better in the u.s. with 3%

so trump has the chips to negotiate. they wish they had our growth rate.

cHecK out tradingeconomics.com... annual gdp for various countries. tells you a lot.

the u.s. may still feel slow because we have weak wage growth. people have jobs now but at the salary from 10 years ago.

as gdp gets going even more, wage growth will go up and we should really have a boom.

i hope so.