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View Diary: German Spiegel publishes "United Stasi of America" graffiti photo of U.S. Embassy in Berlin! (286 comments)

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  •  I see you've nmoved on (4+ / 0-)
    Recommended by:
    mrkvica, Dave925, Victor Ward, DeadHead

    To blowing your credibility on a new issue. Of course leaving the euro zone would involve massive costs as well. (Can we say capital flight as people have to decide whether they want to hold drachma or euros).  And the euro has been difficult to implement because it includes such a vast array of economic regions.   However the idea of an American criticizing this approach when we use the dollar to force integration also over a massive area with big economic disparities is amusing.  And of course the euro treaty was in fact enacted by referenda in many places, so that argument is a little flat.  Finally, the idea that Germany is losing influence rather than gaining it just flies in the face of facts. Have you missed how totally abysmal the UK triple dip recession has been?

    But honestly,Germany has a socioeconomic performance Americans wish they had

    Touch all that arises with a spirit of compassion. An activist seeks to change opinion.

    by Mindful Nature on Sat Jul 13, 2013 at 12:00:40 PM PDT

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    •  Do you understand Economics? (1+ / 0-)
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      Do you know what an optimal currency area is?

      US and Mexico have FAR more in common than Germany and Greece, yet I don't see anyone clamoring for the US and Mexico to share a common currency.

      Milton Friedman was prescient over two decades ago, when he foresaw the Euro implosion.  Today, Paul Krugman, Nobel in Econoimcs, concedes the same point.

      The Eurozone has no economic rationale.

      In fact, those that support the Euro, those who support the creation of the US of Europe, those people support continued austerity in the non-core EZ countries.

      As for Germany, it's a country of the past.

      A country that does not have monetary sovereignty has ceased to be a nation state.

      The UK can print Pounds.

      The US can print Dollars.

      China can print Yuan.

      Germany can't print Deutsche Marks.

      Learn about Centrist Economics, learn about Robert Rubin's Hamilton Project.

      by PatriciaVa on Sat Jul 13, 2013 at 12:30:02 PM PDT

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      •  Heh (2+ / 0-)
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        Victor Ward, DeadHead

        You should write a diary: Germany Is A Country Of The Past. Codify your arguments which prove that Germany is falling down.

        No, you just mean that Germany is, ummm, passe'? What?

        A true craftsman will meticulously construct the apparatus of his own demise.

        by onionjim on Sat Jul 13, 2013 at 01:20:44 PM PDT

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      •  Last I checked (2+ / 0-)
        Recommended by:
        k9disc, Victor Ward

        we ceded our currency printing to the private banks of the Federal Reserve.

        Your argument is not germane.

      •  Their mistake was trying to compete with (1+ / 0-)
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        You can't compete (economically) with a country that doesn't maintain it's population.

        Democracy - 1 person 1 vote. Free Markets - More dollars more power.

        by k9disc on Sat Jul 13, 2013 at 03:14:30 PM PDT

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      •  Ich bin achtmal in Deutschland gewesen (1+ / 0-)
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        8 times.
        I have always had a good impression of Deutschland. I first went there in 1983. In 1994 I first visited Berlin, and I missed any chance to see the Deutsche Demokratische Republik.
        The Germans have a long tradition of classical music and most of my European recordings are German.

        Censorship is rogue government.

        by scott5js on Sat Jul 13, 2013 at 05:18:03 PM PDT

        [ Parent ]

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