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A comment on Why Germany Is Better at Training Its Workers. Parent comment

Re:Why Germany Is Better at Training Its Workers by lispm on Friday October 17, 2014 @02:45PM (#8472671)
That's a very short view. Look back more.

> The current surplus is not a feature of German productivity but the result of having an undervalued Euro and depressed domestic demand.

The Euro is not really undervalued. The current surplus is a feature of Germany's long term export oriented industry.

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Re:Why Germany Is Better at Training Its Workers by the_why_of_y on Sunday October 19, 2014 @08:52AM (#8478105)
The Euro is the currency of a wide range of fiscally independent countries which have had very different economic developments during the time since they adopted the Euro; its value is perhaps an adequate average of those countries, but nevertheless it is at the same time under-valued in Germany as it is over-valued in Spain.
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Re:Why Germany Is Better at Training Its Workers by lispm on Tuesday October 21, 2014 @04:35AM (#8486444)
> under-valued in Germany as it is over-valued in Spain.

How can the Euro be 'under-valued' in Germany?

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