Their capitalism is not dictated by speculators. They have little faith in all that financial wheeling dealing with dubious economic value. They rely on good old fashioned Engineering, Research and Development. They charge 28% on capital gains tax, but they aren't doomed.German Exports Soar above One Trillion Euros
Germany appears to be an island of tranquility on the labor market too. Despite growing recession fears, there were more open positions available in November than ever. After a brief lull in Sept. and Oct., demand for workers climbed to a record high, the Federal Employment Agency (BA) reported.