Germany has won the euro war
From The European on May 8, 2013 The focus of Germany’s export economy has shifted from Europe to China – and Germany has emerged as the biggest beneficiary of austerity. The new media strategy of Angela Merkel is reminiscent of a Monty Python episode: outright denial is key. If the German chancellor is asked anything … Read more
Exports won’t save PIGS: domestic demand is the problem
From The European of May 1st, 2013 The problem of Southern Europe is a lack domestic demand, not a lack of competitiveness. The best way to fix something nobody likes is to propose a solution that does not work: Appearances are saved but the problem isn’t fixed, so it satisfies the haters as well. For … Read more





