bobble economy

Is Germany sinking? ASK employees at the Bavarian Motor Works in Munich about manufacturing costs, and they become defensive and defiant, though still polite. Siegmund Engel, 35, who puts together 3-series BMWs, is typical: " People say that costs are too high. It's truethat other countries are cheaper. That is bad news for us. But I think our costs here are..." (he pauses) "... appropriate." Siegmund says he cannot imagine getting less than the basic pounds 500 a week …

…overtaking", is not one that Britons can expect to need in the near future. And as for the prospect of a lean and powerful British Rover taking over a German BMW - maybe, one day. But Siegmund Engel and his compatriots arenot lying awake at night worrying about it. ©1996 Newspaper Publishing P.L.C. Steve Crawshaw, Is Germany sinking?., Independent on Sunday, 01-21-1996, pp 17. Copyright © 1998 Infonautics Corporation. All rights reserved. - Terms and Conditions