Welcome to European Tribune. It's gone a bit quiet around here these days, but it's still going.
I agree they need to rise.
But even then, I think, much of the problem would remain.

Then they aren't rising far enough, fast enough.

They don't need to rise far enough, fast enough to reverse the sucking of industry into Germany. But they do need to rise fast enough, far enough to halt it, and to make German wage-earners spend on whatever the periphery still produces.

- Jake

Friends come and go. Enemies accumulate.

by JakeS (JangoSierra 'at' gmail 'dot' com) on Wed Aug 29th, 2012 at 05:17:48 AM EST
[ Parent ]

Others have rated this comment as follows:


Top Diaries

Occasional Series