[bruinbirdman]

"They probably have a way to make the “writ large” version of their monetary system work, but not until after the rest of the EU asks for it "

It does appear that the Germans realized, during reunification, that they had taken socialism as far as it could go. A little too far. They did their austerity.

Jetzt fordern sie Disziplin!

yitbos

[Olog-hai]

They still haven’t given up the “social market economy”, and are still positing that as the alternative to the “Anglo-Saxon economic model” that didn’t actually fail but was abandoned by the libs in the US and Britain. They really weren’t that austere.