German “Nein” on Eurobonds
show comments
  • Mrs. Davis

    In light of yesterday’s “shock poll” post, one has to wonder why we should pay to defend EUrope militarily when Germany isn’t willing to pay for it economically. Perhaps the Germans have more common sense than we?

  • Cunctator

    Many of the commentators writing on the Euro-crisis seem to have a hard time understanding that the disagreements among governments are, as this article clearly lays out, grounded in national interests.

    The mention of Germany’s demographic problem is very useful in expanding upon this argument — and I had not seen it linked to this issue before. Thank you.

  • Eurydice

    Huh, that makes the kind of sense that doesn’t. I suppose sometime down the road Germany will only have to sell a couple dozen Mercedes to cover the cost of their few remaining citizens. Fortunately, they’ll have that “future troubles” money to tap into when they realize that getting rid of Greece doesn’t actually get rid of the problem.

  • Jacksonian Libertarian

    The German people aren’t fools, they know that the only way to deal with a spendaholic is to cut up their credit cards, not to give them new higher limit credit cards.

  • vanderleun

    Now we know what was said at the G8.

    Merkel to Europe: Drop Dead.

  • Stacy

    The Germans will agree to Eurobonds AFTER Greece exits, not before. They have no choice. They must offer up a sacrificial lamb to their voting public as a “worst case scenario” example. This will frighten the heebeejeejee out of the other PIGS and force political cooperation. They are determined to preserve the Euro but want it on their terms.

  • Kenny

    Vanderleun writes: “Now we know what was said at the G8. Merkel to Europe: Drop Dead.”

    Wrong.

    She said, “Europe, sober up.”

  • Soul

    Interesting, about Germanys GDP view on lack of growth and shrinking population.

    I would guess Germans are questioning what their money will buy with further bailouts of bankrupt EU countries. If Germany gambled more with their savings bailing out countries, what could be won? Would their main benefit of being part of the single currency Euro, greater exports of German goods, still be there?

    Seems the other EU countries are struggling under the higher costs the Euro places on their goods. That problem will remain for a long time, I would guess. If that is the case,that will undoubtably reflect on future German export sales. Germans might believe in the long run it is better to work more closely with economically growing Asian countries and possible America also.

  • ALL european natiuons are shrinking in population. Some just more quickly than others. There are NO Blue entities – nations (european, Japan, NZ, etc), or American States – with a fertility rate of even 2.1 (replacement), other than Nevada, New Mexcio and Hawaii – not exactly thriving metropolises. Soclialists/Democrat/Progressives simply don’t believe enough in the future to populate it.

    Why should ANY polity, say America via the IMF, spend taxpayer money on nations whose own people don’t believe in the future? Why should Germany extend a credit card that certainly will be abused by Greece (and then Spain and Italy and Ireland and Portugal and then France), when Germany has its OWN problems to deal with?

    .. and why should we defend nations to ensure their free futures when the residents of thsoe nations (all of europe – and I’m talking about NATO), don’t even believe in the future of their own countries?

    .. and why should we spend taxpayer money listening to what the peoples of nations that don’t believe in their future have to say about ANYTHING (we’re talking UN here…)?

© The American Interest LLC 2005-2017 About Us Masthead Submissions Advertise Customer Service
We are a participant in the Amazon Services LLC Associates Program, an affiliate advertising program designed to provide a means for us to earn fees by linking to Amazon.com and affiliated sites.