a thoughtful web.
Good ideas and conversation. No ads, no tracking.   Login or Take a Tour!
comment

I doubt there's that much solidarity in the EU, even against Germany. That said, Germany exported its unemployment by creating unreasonably low wages. A weak Euro is in Germany's best interest. Exports drive our GDP. Of course your average German is actually dealing with nominal (inflationary) growth and stagnating wages, which is not exactly helping anyone (except, surprise, Big business).

As fas as I'm concerned, weakening Germany's exports would be a good thing for most Germans. It'd force the adoption of policies which strengthen internal demand (aka getting money into actual people's hands).