Welcome to European Tribune. It's gone a bit quiet around here these days, but it's still going.
To compare the two economies, you need to take into account the overall balance of payments.

To simplify, the Germans sell their Mercedeses to the world and then come and spend their money in the French countryside. Tourism is obviously a much bigger bit of the economy in France.

I could not find the numbers right away, but France has a slight surplus of its capital accounts balance, while Germany actually has a deficit - which simply reflects slightly different structures.

In the long run, we're all dead. John Maynard Keynes

by Jerome a Paris (etg@eurotrib.com) on Tue Jan 23rd, 2007 at 04:02:31 AM EST
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