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To: caww

The Germans will purchase large portions of France so that when they return it will be as landlords.


17 posted on 05/06/2012 1:36:10 PM PDT by reg45 (Barack 0bama: Implementing class warfare by having no class!)
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To: reg45

No, they won’t, and here’s why:

The Germans, when polled, don’t like the idea of Germany bailing out these spendthrift nations. The schemes that have been proffered by the EU elites to prop up these bankrupt nations is to a) get a whole bunch of money from Germany, b) lever it up, c) use it to bail out the bankers and political hacks who borrowed from the bankers.

All of this ends up debasing the currency and resulting in inflation.

The Germans are hyper-sensitive and skeptical about anything that smacks of “inflate your way out of debt,” because they see that this tactic led to the election of the little Austrian watercolor artist and his buddies in the 30’s... and that didn’t work out so well for Germany.

In this weekend’s local elections in Schleswig-Holstein:

http://www.telegraph.co.uk/news/worldnews/europe/germany/9249492/Angela-Merkel-suffers-setback-after-Schleswig-Holstein-election.html

We see two things:

1. Merkel’s coalition appears to have come undone, which leaves them either scrabbling around to make promises to glue together a coalition with other parties less friendly to bailouts of deadbeat countries in the EU,

2. The rise out of nowhere of a whole new political party, the Pirate Party, who won about 8% of the vote with only two real positions in their party platform. This rapid rise from seemingly nowhere, of a party with no real fiscal platform, indicates that people are increasingly PO’ed at how the ruling coalition is handling financial matters.

Any way one looks at it, the votes this past weekend in Europe indicate one consistent theme so far as I can see it: People are tired of giving and receiving bailouts to keep the Euro afloat. The Germans don’t want to fund this nonsense, and the recipients of German bailout funds don’t like the conditions placed upon them for using said bailout monies.


22 posted on 05/06/2012 2:17:47 PM PDT by NVDave
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