Category Archives: Germany

A Conservative Alternative to Austerity Economics


… the basic idea could hardly be simpler. The growth figures that dominate the headlines are of “real” gross domestic product, which means they are corrected for inflation. With nominal GDP they are uncorrected. The idea of targeting nominal GDP … Continue reading

Posted in Austerity / Cutbacks, Budget, Commodities & Cost of Living, Economy, EU, Fiscal Compact Treaty, Germany, Solutions | Tagged , , | Leave a comment

“A Federation for the Eurozone and a Confederation for the rest of the EU”


(Note: The following replaces & corrects earlier version of 7/May) TWO TREATIES FOR THE EUROZONE AND AN AMENDMENT TO  ONE OF THE EU TREATIES  – ALL RELATED TO EACH  OTHER! Reply to Dr Gavin Barrett, Senior Lecturer in European Law, … Continue reading

Posted in Accountability, Austerity / Cutbacks, Bankers' Bailout, ECB/IMF, Economy, EFSF / European Financial Stability Fund, ESM / European Stability Mechanism, EU, Euro / Sovereign Money, Fiscal Compact Treaty, France, Germany, ireland, Promissory Notes, Referendum | Tagged , , , | Leave a comment

Euro-spawned divergent growth and inflation caused external payments imbalances


Euro-spawned divergent growth and inflation caused external payments imbalances. Government profligacy did not divide ‘saints’ from ‘sinners’. In the good years Germany was a near-sinner. Its budget deficit exceeded the Eurozone average and was a whisker below the 3% Maastricht … Continue reading

Posted in Accountability, Austerity / Cutbacks, Bankers' Bailout, Budget, Commodities & Cost of Living, Economy, EU, Euro / Sovereign Money, Fiscal Compact Treaty, Germany, ireland, Referendum | Tagged , , , | Leave a comment

Lombard Street: “structure of the euro worsened divergences naturally arising from the differences between countries”


The structure of the euro worsened divergences naturally arising from the differences between the countries. The Dutch and Germans felt poorer than they actually were, the Spanish richer – and the low interest rates that were perceived as a benefit … Continue reading

Posted in Commodities & Cost of Living, ECB/IMF, Economy, EU, Euro / Sovereign Money, eurozone, Geopolitics, Germany, Greece, Housing Bubble, ireland, Leo Varadkar versus the World, Spain | Tagged , , , , , , | Leave a comment

Automatic Austerity: 10 things you need to know about ’the Fiscal Compact’ (Corporate Europe Observatory)


On the 1st of March 2012, 25 EU heads of state or government will sign a new treaty[1], and if all goes as planned, it will enter into force early next year. The so called ‘Fiscal Compact’ was conceived in … Continue reading

Posted in Austerity / Cutbacks, Bankers' Bailout, Budget, ECB/IMF, Economy, ESM / European Stability Mechanism, EU, Euro / Sovereign Money, Fiscal Compact Treaty, Germany, ireland, Referendum | Tagged , , , , , , , , , , , , | Leave a comment

UPDATE: “Deutschebank Uber Alles: Germany Imposes VAT Tithe On Ireland” (ExiledOnline.com)


Via ExiledOnline.com: Reuters – Exclusive; Ireland to raise VAT in December budget: Finance Minister Michael Noonan has said he will not reveal the exact measures until he presents the budget on December 6.However, according to a document presented to the … Continue reading

Posted in Accountability, Austerity / Cutbacks, Bankers' Bailout, Budget, ECB/IMF, EFSF / European Financial Stability Fund, eurozone, Geopolitics, Germany, Independence/Nationalism, ireland | Tagged , , , , , , , , , | Leave a comment

Connect the dots? Greek government buys 400 tanks . . . (dot, dot, dot)


June 25, 2011: Greek Coup to force exit from Euro?  – John Mauldin, “Outside the Box” Newsletter: To go back to the drachma would require a bank holiday for a week, and it would have to be a surprise move. … Continue reading

Posted in Civil Disobedience, ECB/IMF, Economy, EU, Euro / Sovereign Money, eurozone, Geopolitics, Germany, Greece, Human Rights, USA / America | Tagged , , , , , , , | 1 Comment

Greece is the word…


News from the past seven days… MarketWatch – Greece should default, exit euro, Roubini says; ZeroHedge – Germany Demands “Managed” Greek Default And 50% Bond Haircuts In Exchange For Expanding EFSF, Peripheral “Firewall”; Spiegel – ‘We Won’t Pay’ Greece’s Middle … Continue reading

Posted in Austerity / Cutbacks, Budget, Civil Disobedience, Debt Default/Restructuring, ECB/IMF, Economy, EU, Euro / Sovereign Money, eurozone, Geopolitics, Germany, Greece, Health | Tagged , , | Leave a comment

The Crisis of Europe and European Nationalism (George Friedman/StratFor)


The Crisis of Europe and European Nationalism is republished with permission of STRATFOR. When I visited Europe in 2008 and before, the idea that Europe was not going to emerge as one united political entity was regarded as heresy by … Continue reading

Posted in Austerity / Cutbacks, Economy, EU, Euro / Sovereign Money, France, Geopolitics, Germany, Greece, History, Ideology, imperial, Independence/Nationalism, NATO, USA / America, War & Peace | Tagged , , | Leave a comment

EU austerity contagion spreads (People’s Movement)


Italy’s government has approved a €345½ billion austerity budget that the prime minister, Silvio Berlusconi, said was the result of pressure from Finland, Germany, and the Netherlands. The draft measures—which must still go before parliament for final approval, expected in … Continue reading

Posted in Austerity / Cutbacks, Budget, Civil Rights & Liberties, ECB/IMF, Economy, Elections, EU, France, Germany, Greece, Italy, Superstate, Taxation | Tagged , , , , , , , , , , , , , , , , | 1 Comment

“Peak oil is now” – EnergyWatchGroup.com report


From EnergyWatchGroup.com – Crude Oil; The Supply Outlook [PDF]: Understanding the future of oil Only oil that has been found before can be produced. Therefore, the peak of discoveries which took place a long time ago in the 1960s, will … Continue reading

Posted in Commodities & Cost of Living, Economy, Energy / Natural Resources, Energy: Oil, Geopolitics, Germany, Natural Resources | Tagged , , , , , , , | Leave a comment

Vote on European Financial Stability Fund (EFSF) in the offing – People’s Movement


Will we approve the ESM without a referendum? Ollie Rehn has said that he expects euro-zone countries to quickly agree—by September at the latest—to widen the scope of the European Financial Stability Fund that was agreed at a summit meeting … Continue reading

Posted in Accountability, Budget, Civil Rights & Liberties, ECB/IMF, EFSF / European Financial Stability Fund, Elections, ESM / European Stability Mechanism, EU, Geopolitics, Germany, ireland | Tagged , , , , , , , | Leave a comment

Eurobonds ruled out by France and Germany? (People’s Movement)


The German and French governments have ruled out eurobonds as a solution to the euro-zone debt crisis. The German minister for finance, Wolfgang Schäuble, said: “I rule out eurobonds for as long as member-states conduct their own financial policies, and … Continue reading

Posted in Budget, ECB/IMF, Economy, Euro / Sovereign Money, Eurobonds, France, Geopolitics, Germany | Tagged , , , | Leave a comment

Good Europeans: German Constitutional Court to be taken to European Court of Human Rights (People’s Movement)


The German Constitutional Court has announced that it will present its ruling on the challenge against the euro-zone bail-out on 7 September. Separately, the Europolis Group, made up of fifty-five German entrepreneurs, has announced that they will take the German … Continue reading

Posted in Accountability, Bankers' Bailout, Civil Rights & Liberties, ECB/IMF, EFSF / European Financial Stability Fund, EU, Euro / Sovereign Money, Germany | Tagged , , , | Leave a comment

France, Germany agree transaction tax for “true European economic government” (People’s Movement)


The Germans and French agree again! France and Germany have agreed plans for a transaction tax as part of a deal to set up a new “true European economic government” for the euro zone; but they demand that the tax … Continue reading

Posted in Bankers' Bailout, Budget, ECB/IMF, Economy, ESM / European Stability Mechanism, EU, Euro / Sovereign Money, Geopolitics, Germany, Greece, Housing Bubble, ireland, Taxation | Tagged , , , , | Leave a comment

Iraq War: ex-MI5 Chief – Iraq posed no threat; German ex-Spy Chief – US misused our intel


IntelNews.org – News you may have missed #580; Ex-MI5 director says Iraq posed not threat to UK: Iraq posed no threat to the UK when then Prime Minister Tony Blair took Britain to war there, according to Baroness Manningham-Buller, former … Continue reading

Posted in Accountability, EU, Geopolitics, Germany, Intelligence / Securocrats, Iraq, NATO, UK / Britain, USA / America, War & Peace | Tagged , , , , , | Leave a comment

Sarkozy and Merkel want eurozone “government” (People’s Movement))


Twice-yearly summits of the heads of the seventeen euro-zone governments are to become the “cornerstone” of the new economic government of the euro-zone, according to Nicolas Sarkozy and Angela Merkel. They are also pushing all seventeen states that use the … Continue reading

Posted in Austerity / Cutbacks, Budget, ECB/IMF, Economy, ESM / European Stability Mechanism, EU, Euro / Sovereign Money, France, Geopolitics, Germany, Ideology, Independence/Nationalism, ireland, Superstate | Tagged , , , , , , , , , , , , | Leave a comment

Auf Wiedersehen… Yet? Is Germany Preparing to Exit the Euro?


New Economic Perspectives / Marshall Auerback – A Tale of Three Germanys: Is Germany Preparing to Exit the Euro?: The Germans were willing to go into a currency union because by construction that agreement removed the weapon exchange rate depreciation … Continue reading

Posted in Austerity / Cutbacks, Bankers' Bailout, Budget, Civil Disobedience, Debt Default/Restructuring, ECB/IMF, Economy, EU, Euro / Sovereign Money, France, Geopolitics, Germany, Greece, Independence/Nationalism, ireland, Solutions | Tagged , , , | Leave a comment

There is still a little time left for Ireland to foil this power grab by the Eurozone elite (National Platform)


This ESM Treaty is the first use of the “self-amending” Article 48.6 TEU of the EU Treaties which was inserted by the Treaty of Lisbon. It is seen by the Fine Gael-Labour Government, as well as by its Fianna Fail … Continue reading

Posted in Accountability, Austerity / Cutbacks, Bankers' Bailout, Budget, Civil Rights & Liberties, ECB/IMF, Economy, ESM / European Stability Mechanism, EU, Euro / Sovereign Money, France, Geopolitics, Germany, Housing Bubble, Independence/Nationalism, ireland, UK / Britain | Tagged , , , , , , , , , , , , , , , , , , , , | Leave a comment

Germany to propose unelected austerity “stability council” (People’s Movement)


The German minister of economics and technology, Philipp Rösler, has told reporters that the EU should create a new institution, a “stability council,” of unelected supervisors that would ensure that member-states stick to budget temperance, limit debt, and keep the … Continue reading

Posted in Austerity / Cutbacks, Budget, ECB/IMF, Economy, EU, Geopolitics, Germany, Superstate | Tagged , , , , , | Leave a comment

ECB helps Italy and Spain? (People’s Movement)


The European Central Bank has gone back to the markets to buy bonds after a five-month pause in an attempt to stop the crisis from spilling to Italy and Spain. “If we intervene, we intervene, and we’ll publish the amount … Continue reading

Posted in Bankers' Bailout, ECB/IMF, Economy, EFSF / European Financial Stability Fund, ESM / European Stability Mechanism, EU, Euro / Sovereign Money, Geopolitics, Germany, Greece, Italy, Spain | Tagged , , , , | Leave a comment

Germany owns Europe: during boom bankers went out way to get dirty, needed to go abroad to (Vanity Fair/Michael Lewis)


From Michael Lewis in Vanity Fair – It’s the Economy, Dummkopf! The Greeks not only have massive debts but are still running big deficits. Trapped by an artificially strong currency, they cannot turn these deficits into surpluses, even if they … Continue reading

Posted in Accountability, Bankers' Bailout, Budget, ECB/IMF, Economy, EFSF / European Financial Stability Fund, ESM / European Stability Mechanism, EU, Euro / Sovereign Money, Geopolitics, Germany, Greece, Housing Bubble, ireland, Superstate | Leave a comment