The European Tribune is a forum for thoughtful dialogue of European and international issues. You are invited to post comments and your own articles.
Please REGISTER to post.
On the issue at hand, I do think that über-hawk Weber would very much like to go after the unloved Landesbanken, whatever the potential damage for the entire German economy, and thus seized the moment.
On the "cold war", what happened at the EU summit regarding austerity and stress tests seemed like the end of it.
On your broader theory, which if I got it right is that since February, Germany's elites collectively want to crash the Euro to have an excuse to bail out Deutsche Bank, it just doesn't make sense to me. First, it starts with speculation that DB is in trouble. Second, Germany is not the UK, there are industries other than the financial industry, and the loss of the Euro would hurt them a lot. Third, given that the austerity drive itself hurts German exports in both the medium and long term (medium: recession reduces EU consumption, long: Germany's depression of labour costs would be reproduced elsewhere), the whole push has all the hallmarks of short-term thinking.
One whose delusions are out of fashion.
by Cyrille - Apr 12 24 comments
by DoDo - Apr 6 39 comments
by Cyrille - Apr 8 6 comments
by ARGeezer - Mar 31 10 comments
by Zwackus - Mar 29 6 comments
by aquilon - Apr 3 147 comments
by Xavier in Paris - Mar 27 5 comments
by ManfromMiddletown - Mar 20 66 comments
by Oui - Apr 16
by Cyrille - Apr 1224 comments
by Cyrille - Apr 86 comments
by DoDo - Apr 639 comments
by aquilon - Apr 3147 comments
by ARGeezer - Mar 3110 comments
by Zwackus - Mar 296 comments
by DoDo - Mar 279 comments
by Xavier in Paris - Mar 275 comments
by ManfromMiddletown - Mar 2066 comments
by DoDo - Mar 1818 comments
by ARGeezer - Mar 1737 comments
by marco - Mar 369 comments