NP - Germany Won't Budge on Austerity: Economic Suicide is Character Building

[alice malice]

Itz good to be da QUEEN

On Tue, Oct 14, 2014 at 5:19 PM, alice malice <alicewmalice at gmail.com> wrote:
> How does one define austerity? The word is tossed about by all sides,
> but at cross purposes and no serious definition is agreed upon. Is
> Germany doing enough? Is France, Italy, Spain ...doing enough? Is a
> political and fiscal solution feasible? What of the Bank? The Germans
> are paying a dear price for the political failures of other nations
> and for the geopolitical conflicts, the sanctions and so on. Now, it
> is close to a tipping point.All of this is good for the US, as the US
> is unwinding its massive QE, and US rates are being driven lower, the
> dollar higher. Well, that's the weight of an Empire. Germany must see
> this and it must make them angry, but pawns and knights are not
> queens. That's the game, Germany is responsible, with the Russians,
> for the chess board, so it goes.
>
> On Mon, Oct 13, 2014 at 9:07 AM, David Morris <fqmorris at gmail.com> wrote:
>> Clearly this response shows the weakness of the Euro: the "Union" is a
>> farce.
>>
>> But Germany won't be able to stand alone for long.  If Europe is screwed, so
>> is Germany.
>>
>>
>>
>> On Mon, Oct 13, 2014 at 3:53 AM, Kai Frederik Lorentzen
>> <lorentzen at hotmail.de> wrote:
>>>
>>>
>>> On 12.10.2014 12:09, alice malice wrote:
>>>
>>> Europe is screwed. And Germany is only doing what it needs to do to
>>> get in a better position to recover over the longer term.
>>>
>>>
>>> Amen!
>>>
>>
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Pynchon-l / http://www.waste.org/mail/?list=pynchon-l