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Wednesday, 29.07.2015.

14:46

Germany needs more controversy

Izvor: Timothy Garton Ash

Germany needs more controversy IMAGE SOURCE
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4 Komentari

Sortiraj po:

Joe A

pre 8 godina

Germany profited the most from the Euro. Their reunifaction-tax funded cheap Euro filled the coffers of German banks that then loaned this out to whomever wanted to borrow. German union's moderate demands for salary increases made their products more competitive and functioned as an export subsidy. True, governments borrowed from Germany to pay for their too generous pensions and social benefits and people borrowed money to by that Mercedes (cause people love Mercedes to show off how successful they are in life). But German exports were booming and that money loaned came back with interest. And when the SHTF German, French and Dutch banks were bailed out by EU-taxpayers. Then Germany pushed austerity down everybody's throat which has proven to kill people's spending power slowing down economic recovery in these countries and kill off the competition. Recently it emerged that Germany saved 100 billion Euro on the issue of government bonds due to the Greece crisis.
And there is the crux: It is not in Germany's interest if other countries recover from their crisis. Germany exports now more outside the EU than to the EU so their export is more or less comfortable. No, other countries need to remain in crisis so there is no competition and Germany can continue to profit on bonds. Germany said they don't want to dominate Europe or that they want a German Europe. That is just non sense. It is cynical to see that the country that destroyed Europe twice in 40 years now rules it.

Tony (a Brit in Berlin)

pre 8 godina

Send all your migrants to Germany, especially those from Africa and from Kosovo and Albania.... that will liven things here up a bit and help Germany to repay its debts to humanity. And whilst you are at it, send them your Roma and Sinti too. Germany has been creaming off the Eurozone for years so their economy can afford it. If not, it's their bad luck.

Tony (a Brit in Berlin)

pre 8 godina

Send all your migrants to Germany, especially those from Africa and from Kosovo and Albania.... that will liven things here up a bit and help Germany to repay its debts to humanity. And whilst you are at it, send them your Roma and Sinti too. Germany has been creaming off the Eurozone for years so their economy can afford it. If not, it's their bad luck.

Joe A

pre 8 godina

Germany profited the most from the Euro. Their reunifaction-tax funded cheap Euro filled the coffers of German banks that then loaned this out to whomever wanted to borrow. German union's moderate demands for salary increases made their products more competitive and functioned as an export subsidy. True, governments borrowed from Germany to pay for their too generous pensions and social benefits and people borrowed money to by that Mercedes (cause people love Mercedes to show off how successful they are in life). But German exports were booming and that money loaned came back with interest. And when the SHTF German, French and Dutch banks were bailed out by EU-taxpayers. Then Germany pushed austerity down everybody's throat which has proven to kill people's spending power slowing down economic recovery in these countries and kill off the competition. Recently it emerged that Germany saved 100 billion Euro on the issue of government bonds due to the Greece crisis.
And there is the crux: It is not in Germany's interest if other countries recover from their crisis. Germany exports now more outside the EU than to the EU so their export is more or less comfortable. No, other countries need to remain in crisis so there is no competition and Germany can continue to profit on bonds. Germany said they don't want to dominate Europe or that they want a German Europe. That is just non sense. It is cynical to see that the country that destroyed Europe twice in 40 years now rules it.

Tony (a Brit in Berlin)

pre 8 godina

Send all your migrants to Germany, especially those from Africa and from Kosovo and Albania.... that will liven things here up a bit and help Germany to repay its debts to humanity. And whilst you are at it, send them your Roma and Sinti too. Germany has been creaming off the Eurozone for years so their economy can afford it. If not, it's their bad luck.

Joe A

pre 8 godina

Germany profited the most from the Euro. Their reunifaction-tax funded cheap Euro filled the coffers of German banks that then loaned this out to whomever wanted to borrow. German union's moderate demands for salary increases made their products more competitive and functioned as an export subsidy. True, governments borrowed from Germany to pay for their too generous pensions and social benefits and people borrowed money to by that Mercedes (cause people love Mercedes to show off how successful they are in life). But German exports were booming and that money loaned came back with interest. And when the SHTF German, French and Dutch banks were bailed out by EU-taxpayers. Then Germany pushed austerity down everybody's throat which has proven to kill people's spending power slowing down economic recovery in these countries and kill off the competition. Recently it emerged that Germany saved 100 billion Euro on the issue of government bonds due to the Greece crisis.
And there is the crux: It is not in Germany's interest if other countries recover from their crisis. Germany exports now more outside the EU than to the EU so their export is more or less comfortable. No, other countries need to remain in crisis so there is no competition and Germany can continue to profit on bonds. Germany said they don't want to dominate Europe or that they want a German Europe. That is just non sense. It is cynical to see that the country that destroyed Europe twice in 40 years now rules it.