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Re: Eurozone will collapse...
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Re: Eurozone will collapse...
Germany is actually trying to help the other countries in Europe, it would do quite well on its' own, indeed it would probably be an even larger economic powerhouse if it wasn't being strangled by commitments to the EC. If I was a German I'd frankly be very annoyed about my goverment helping to prop up incompetent governments in Italy, Greece, Spain, Ireland and Portugal. To compare Merkel with Hitler is about as realistic as comparing Churchill to Cameron or a bulldog to a poodle if you will.
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Re: Eurozone will collapse...
Clearly we're not dealing with Nazis or anything like them but there must be some doubt about how the Germans will react and the Franco-German 'alliance' develop if they don't get what they want (and what they may sincerely believe is right for Europe) for whatever reason. They're convinced it's their way or no way after all and the French could well be in for some tougher times as their spending and debt levels come under greater scrutiny.... :erm:
The extent to which there is or isn't a German 'occupation' or control depend on which and how many strings they wind up pulling doesn't it. After what's gone on in S. Europe, I can't see those who're paying the bill not to want to call all the important shots. If this does ultimately boil down to a cosy Franco-German deal, then I can see there being an awful lot of unhappy people in Italy, Spain, Portugal, etc. when it becomes apparent to them that some in Europe are a lot more equal than others. |
Re: Eurozone will collapse...
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Re: Eurozone will collapse...
Analogy : through bad financial decisions, you're completely broke, lost your job and about to lose your house, a kind relative offers to pay your mortgage and in return they manage your budget to allow you to get back on your feet again. Would you really turn that down and instead become homeless?
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Re: Eurozone will collapse...
There's a great deal of difference between a kind relative, a financial backer who wants to make a quick buck or a political opportunist seeking wider control of your national affairs forever isn't there. In time we'll see which the Germans turn out to be and how they react if/when those economies who've been 'bailed out' recover and decide they want control over their own affairs again.
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Germany need the Euro to survive. This is why they are so involved. Their population isn't too keen on bailing out member states who could not manage their budgets and the German government would likely rather not bother if it were not for their own self-interest in keeping the Euro alive. Either way we cannot keep using Nazi Germany as a window to the motivations of the German people. It's utterly insane. Are some in this country really unable to envision Europe in a context other than WW2? |
Re: Eurozone will collapse...
"Some people" in this country.....
I lived in Berlin for three years (as a member of the Armed Forces), and having met a lot of Germans then and since, they hate their country's past deeds more than we do, imho. |
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Germany has lumbered itself with employment and other laws that potentially make it uncompetitive. The best way it has to cope with that is to burden as many other countries as possible with those same regulations. How many times does a law start off in Germany, only to go on and be an EU directive which everybody has to stick to. How many times have they been stuck with a directive that they don't want, that started elsewhere(eg Britain)? |
Re: Eurozone will collapse...
It's nice to think that Germany is supporting all the small, poor countries out of the kindness of their hearts, donating all their hard earned euros to bail out the Greeks, Spanisn, etc; totally committed to the european ideal ..... so why then are they printing Deutschmarks again ? :dozey:
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But, I could be proven wrong |
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Given they were under communist rule for part of this period you'd have expected economic growth to improve as they were liberalised, surely? This is the point, despite being rid of communism and the ever closer political unions the EU-15 continue to fail to keep pace with the rest of the world. ---------- Post added at 22:17 ---------- Previous post was at 22:16 ---------- Quote:
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