Saturday, May 22, 2010

Germany Rising

The period of walk-all-over-Germany kumbaya is ending. VDH has a thought-provoking reflection.


In short, what will happen with Germany when it is lectured by the French, insulted by its debtor dependencies in southern Europe, and starting to become angry that only its own work ethic and productivity — not some grandiose platitudes about the EU — keep Europe going?

The Unthinkable?

Very soon German workers are going to grasp that all the financial reserves they piled away the last two decades from not doing what a Spain or Italy did are essentially gone. Someone in Munich worked 40 hours a week until age 67 for someone in Athens not to — and for someone in Athens to demand that someone in Munich do so or else. The idea that nations like Greece, both overtly and implicitly, insult nations like Germany has no basis in historical terms...

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