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German trade surplus with the world's top economist refers to the destruction of

The authority of the German economic institutions on the 13th released a survey figures show that the country's current trade surplus of $ 210 billion, the world's largest surplus countries, China, Japan and several oil-exporting countries left behind.
 
The figures announced by the College of the Information and Research "not only did not lead to the cheers of the economic sector, but led to a burst of criticism. German economists believe that foreign trade economic inequality is the root cause of the worldwide financial crisis, Germany's huge trade surplus is also the culprit one.
 
Theoretically, if a country's massive exports, other countries, is bound in a large number of imports, imports are often caused by the debt growth. The IMF also very critical of Germany's trade surplus.
Analysis of this situation, "Financial Times" pointed out that Germany's foreign trade balance is clearly deteriorating, the key is the basic problem of weak domestic demand has not changed. Companies are not doing a responsibility to support their economic prosperity, a huge trade surplus caused by the uneven development in the international context, the global economy more prone to crisis.
 
The EU believes that the member surplus in the case of more than 6 percent of the gross national product, will the European Economic stability threats, the European Commission requires Member States to minimize the import and export gap. Information and Research Institute is expected, Germany's trade surplus to the end of this year will greatly exceed this proportion.
 
The German Government on the report to respond, said the trade surplus that their economies have a strong competitive edge. Minister of Economic Affairs Rossler told the media on the 13th, the German export economy is very competitive, should be given certainly, We express our appreciation. Adding that the domestic demand in the last year has been substantial growth in trade surplus this year shows the national economic situation is in good condition. The Government spokesman also said that the above only shows the situation of other economic powers in the deterioration of the trade surplus itself is not sufficient to European concerns about artificially limit the export of more worthless, the bad economic situation as soon as possible to enhance their competitive force.
 
Information and Research Institute report also said that since 2007, Germany's overall economic competitiveness in declining.



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