Lagarde to Germans: Put Up and Shut Up
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  • Steve Massey

    Bad culture drives out good, I guess

  • Kenny

    The squeal of the parasite class is music to my ears.

  • Jim.

    Riiiiight… and the Germans tolerated the Young Plan, too.

    This could get really, really bad.

  • Greg Q

    When are the next German elections? Do you really think there’s not a single politician in German willing to ride to political power on the votes of all those German citizens who don’t want to be robbed to pay for lazy Greek, French, and Italian slackers?

  • Steven E

    There are four possible results of Operation Gulliver.

    1) Germany never gets the power to limit Greek/Italian/etc. expenditures, while being forced to back the debts. Fed up with externally-imposed obligations, Germany elects a government that withdraws from European institutions. The resulting economic crisis is even worse than what would happen if the Euro were to disintegrate today.

    2) Germany never gets the power to limit Greek/Italian/etc. expenditures, while being forced to back the debts. Fed up with externally-imposed obligations, Germany elects a government that tries to withdraw from European institutions, or breaks out in mass riots and demonstrations when Germans find themselves unable to elect such a government. Germany winds up militarily occupied by “European” (French) forces that make it stay in the Union (in association with a Vichy German government).

    3) Germany gets the power to limit Greek/Italian/etc. expenditures. Fed up with German-imposed austerity, the Greeks/Italians/etc. elect a government that withdraws from European institutions. The resulting economic crisis is even worse than what would happen if the Euro were to disintegrate today.

    4) Germany gets the power to limit Greek/Italian/etc. expenditures. Fed up with externally-imposed obligations, Greece/Italy/etc. elects a government that tries to withdraw from European institutions, or breaks out in mass riots and demonstrations when they find themselves unable to elect such a government. Such a country winds up militarily occupied by “European” (German) forces that make it stay in the Union.

  • Kris

    “Madame Lagarde’s message to the GCFR, that Germany’s role is to pay and to pray for the new Europe”

    I would have phrased it: “Germany’s duty is to lie back and think of Europe.”

  • Jacksonian Libertarian

    If they Germans let them, the PIIGS and France will bleed them dry, and then they will all go down together. The German’s only hope is to leave the Euro, and let it crash and burn as it must.

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