Summary:
Germany has been the epicenter of the austerity crazy. But the only final solution is to get free of the euro straight jacket. The dollar works in a currency union of sovereign states in the US because the union is string socially, politically and economically. Those condition don't apply in Europe, and the US had to go through a bloody civil war on this way to it. The notion that a common market with a common currency and open borders has failed and failed so badly that nationalism in the pejorative sense of xenophobia is on the rise.CounterpunchGermany Signals a Historic Shift From Austerity That Could Upend the Economy of EuropeMarshall Auerback
Topics:
Mike Norman considers the following as important: Germany
This could be interesting, too:
Germany has been the epicenter of the austerity crazy. But the only final solution is to get free of the euro straight jacket. The dollar works in a currency union of sovereign states in the US because the union is string socially, politically and economically. Those condition don't apply in Europe, and the US had to go through a bloody civil war on this way to it. The notion that a common market with a common currency and open borders has failed and failed so badly that nationalism in the pejorative sense of xenophobia is on the rise.CounterpunchGermany Signals a Historic Shift From Austerity That Could Upend the Economy of EuropeMarshall Auerback
Topics:
Mike Norman considers the following as important: Germany
This could be interesting, too:
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Those condition don't apply in Europe, and the US had to go through a bloody civil war on this way to it. The notion that a common market with a common currency and open borders has failed and failed so badly that nationalism in the pejorative sense of xenophobia is on the rise.
Counterpunch
Germany Signals a Historic Shift From Austerity That Could Upend the Economy of Europe
Marshall Auerback