Don't let's be beastly to the Germans
Dan Hannan has written a very good piece in the Washington Examiner,
Don't blame the Germans, blame the euro.
I have consistently been strongly opposed to British entry into the Euro and was part of the "Keep the Pound" campaign from day one.
There is actually a case for the Euro in those countries whose economies are synchronised with Germany's and which are willing to accept the financial discipline and loss of sovereignty which are necessary to make it work.
The inclusion of countries like Greece to which neither of these things apply was a recipe for disaster, and it is this, not any evil intent on the part of the German government or people, which has been a major part of the problems they have been experiencing (though massive mismanagement by past Greek governments didn't help.)
Don't blame the Germans, blame the euro.
I have consistently been strongly opposed to British entry into the Euro and was part of the "Keep the Pound" campaign from day one.
There is actually a case for the Euro in those countries whose economies are synchronised with Germany's and which are willing to accept the financial discipline and loss of sovereignty which are necessary to make it work.
The inclusion of countries like Greece to which neither of these things apply was a recipe for disaster, and it is this, not any evil intent on the part of the German government or people, which has been a major part of the problems they have been experiencing (though massive mismanagement by past Greek governments didn't help.)
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