Dienstag, 5. Juni 2012

a culture clash is coming

I already stated my point of view considering the coming tension with migrants all over Europe.

However, these are just problems which will occur in different European countries themselves.

Let's take a look at the bigger picture:

We have on one hand some countries being huge industrial powers but member of the Euro Zone with some sort of "germanic behaviour" (Germany, Austria, Finland, the Netherlands).

On the other hand, you have the roman countries being members in the Euro Zone while also representing huge industrial power (France, Italy).

Third, let's take a look at some other Roman countries which are muss less industrialized however are part of the Euro Zone (Spain, Portugal).

Fourth, the cradle of democracy, absolutely NO industrial power but member of the Euro Zone (Greece).

Fifth, some rather small contries rarely mentioned, but member of the Euro Zone (Estonia, Slovakia, Slovenia, Greek part of Cyprus, Belgium).

To make a long story short:

This is never gonna work.

It is going to work even much less so, since many countries feel the Germans are trying to take over and stamp their rules of so called "fiscal responsibility at all other countries (which is totally idiotic by the way, since all these countries are more less in some sort of recession/depression baring huge public and private deficites). So called "austerity measures" are only going to make matters worst.

To say it in clear words: Basically, everybody among the Euro Zone except Germany tecnically requires some sort of high inflation / hyperinflation just to clean the system and receive a fresh start all over.

The Germans don't feel that way. They are right, considering their own country. They are terribly wrong considering all the other countries among the Euro zone. They are terribly wrong not to understand such circumstance and just mind their own business. The German Elites are doing a big mistake and it will cost them dearly.

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