Comments on: In Spain, Germany is villain, not savior

By: ofilha

ofilha — Thu, 28 Jun 2012 22:04:48 +0000

Germans do not want to pay for European mistakes,but Europeans have had to pay for Germany’s idiotic and delusional empire building ambitions that led to two wars that devastated Europe and Germany itself. And having been the recipient of the Marshall Plan, Germany did not mind having dollars flowing into its devastated economy as a result of its attempts to grand land and make other European slaves. If Germans do not want to pay then let them pay for the war damage that their country caused to millions of Europeans. If they do not want to have people bring up this despicable period of German history then they should try to be more creative and humble. Merkel is just positioning herself in front of the masses. I bet that if the winds shift and Germans realize that they have more to gain by being part of an integrated europe with all its faults, she will be left dangling in the heap of history as a leader lacking vision.

By: RoderickB

RoderickB — Sat, 09 Jun 2012 19:27:34 +0000

Well, the author exaggerates Spanish structural reforms. A Spanish worker on a permanent contract still gets 33 weeks of severance pay per year worked if he laid off. So 5 years gives the work 165 weeks of severance pay. That ridiculous. As structural reform, I consider that a joke.

By: spiderbite

spiderbite — Thu, 07 Jun 2012 06:38:44 +0000

Oh for god’s sake. Now we’re going to start a rumour that Spain is leaving the euro …which will lead to a further deterioration of the Spanish bond market. Just shut up. This is ridiculously irresponsible journalism. But why would you care- you’ll get paid for stupid ignorant speeches that the hedge fund meisters will listen to. Round & Round we go.

By: scythe

scythe — Wed, 06 Jun 2012 17:39:33 +0000

an idiot piece from frederick, hiding behind anonymous sources to mask a ventriloquist act to articulate his own opinion

completely missed the point that spain cannot be the exception to ireland and portugal regarding scrutiny to access cheap money

merkel has offered a way forward to eurobonds, but frederick has laid out the argument for us why simply taking german money won’t work

and the gaffe in referring to rumours of printing deutschmarks – pitifully lame

like reporting graffiti written on toilet doors

By: hoboturkey

hoboturkey — Wed, 06 Jun 2012 07:22:51 +0000

Maybe Spain is one of many countries to work out that the have nots can no longer bail out the haves through the government treasury.
Let the rich pay there taxes like the poor and spain would not need anyone.
anyway
franco liked germany

By: thoma

thoma — Wed, 06 Jun 2012 02:25:48 +0000

countries that accept some belt tightening (dont want to call it austerity) should be rewarded. it has to work the alternative is to spend spend. Ireland, Spain should fare better with interest rates over say Greece

By: TobyONottoby

TobyONottoby — Tue, 05 Jun 2012 20:12:43 +0000

Not just in Spain.

By: GMavros

GMavros — Tue, 05 Jun 2012 16:21:18 +0000

Let them sell more war machines to Israel.

By: GMavros

GMavros — Tue, 05 Jun 2012 16:20:28 +0000

The Germans are now the sleaziest Money Changers in the world.
It is high time for German Banksters to get their arses out of southern Europe while they are still ahead.

By: REDruin

REDruin — Tue, 05 Jun 2012 15:06:17 +0000

Be very clear here. Germany makes TONS of money because of the Euro. IF the DM was still around, the price of German exports would be reflected in a very, very high currency, and Germany’s exports would literally suck.
The problems in the Euro zone depress the currency, so German exports are very, very cheap.
This is a de facto transfer of wealth from struggling countries in the Euro to Germany when they buy German exports, and having to compete with Germans when exporting stuff, as well!
Germany makes hundreds of billions of extra profit because of the Euro. The first thing that would happen if the Euro breaks up is Germany’s currency would ratchet up to levels that would crush its export business.
Germany needs the Eurozone to keep its profit up. When and if it falls, Germany is going to have major problems, because it doesn’t have the internal consumers to maintain its own economy…the exact same problem now facing China. China has kept its growth through currency manipulation and keeping the Yuan low…Germany does the same thing with its neighbors keeping the Euro low.

==RED