The Euro has been a boon to Germany. It has come at the expense of other countries and has actually decimated some of the others (Greece and Cyprus), but Merkel doesn’t care about that. Germany will ride this cheap Euro until Europe implodes and the Euro ends. The bailouts that Germany funds are just the price for having a cheap currency. They gain much more revenue as a result of the Euro than they spend on bailouts. Merkel will take that deal.
Europeans ought to be paying attention to what is happening in America. The STATES created the federal government and assigned it specific, limited, enumerated powers. Then the STATES allowed that federal government to begin encroaching ON those powers reserved to the States – the powers that the States – the SENIOR PARTNERS in our Constitution – specifically did NOT give the federal government. And now the States have virtually NO power on their own – not even to pass legislation enforcing FEDERAL LAW (ie Arizona passing legislation to enforce FEDERAL IMMIGRATION LAW; legislation that the federal government sued against and won). European nations – to their regret – gave the EU too many powers. If they give it even MORE power, Europe WILL succumb to the totalitarianism that has been ever-latent in the european character – forever. AND THE PEOPLE WILL GET SCREWED OUT OF FREEDOM AND LIBERTY.