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LinkedInYesterday I blogged about the German point of view during the European economic woes, and I'd like to follow yesterday's reference to articles appearing in the Christian Science Monitor with another one: European debt crisis: Germany's fight against Keynes There are again some paragraphs here that deserve closer attention: "Twenty years ago, the German people reluctantly sacrificed the Deutsche mark for the euro, even as then-Chancellor Helmut Kohl championed it as a step toward European unity. To reassure domestic skeptics, Germany insisted that the European Central Bank be sited in … [Read more...]
GERMANY TO THE REST OF EUROPE: HOLD YOUR TONGUE
April 11, 2012 By
As most people are probably aware, it is now Germany that is calling the shots in the financial crisis in Europe. And on this website I've been sounding warnings, as most of you who are regular readers here know. But in fairness, one should present the German side of the equation, which the Christian Science Monitor, courtesy of a Facebook friend, Mr. T.O., kindly shared with me: Germany to Europe: Don't criticize us on eurocrisis leadership The nub of Germany's criticism of the rest of Europe, and for that matter by implication, Britain and North America as well, is contained in these … [Read more...]