Is germany throwing the world into disaster yet again??

Quote from C6H12O6:

20+20=40 billion. Again, I don't think she's idiot.

http://www.nytimes.com/2011/11/25/b...e-ending-with-euro-crisis.html?_r=1&ref=world
According to an estimate by Re-Define, an economic research institute in Brussels, Germany saved around 20 billion euros ($26.7 billion) in borrowing costs from 2009 to 2011, with an additional 20 billion euros in estimated savings locked in for the future.
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It helps explain why Germany has taken a tough line against “budget sinners” in the south like Greece, which have been virtually locked out of bond markets by high borrowing costs, and why Germany has been reluctant to create a “big bazooka” or huge bailout fund to stem the crisis. The bond markets delivered cheap money to Germany, and resulted in something Berlin badly wanted: economic overhauls in Southern Europe.


This is the reason they bash the euro every day.
And they also give a hand to german exporters who want to keep the euro exchange rate as low as possible.
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Wow how selfish. Germany benefitng from the euro for the last 12 years while other countries where loosing. Now wehn the whole eurozone (world)economy is in disaster, Germany willing to let PIIGS-BFG and the euro collapse because its afraid they will take a little risk for themself.

Shame on Germany, they should have learnd from the allies in 1945, after spending "trillions" in a war that Geramny initiated, they kept helping Germany to become a country with a decent ecomomy(Marshal etc).
By the way Germany never paid back a dime. How selfish
 
Germany like every other country is looking out for itself. There is no real solution to the existing situation. When you are over extended, the price has to be paid. More debt simply creates a bigger problem further down the track
 
Quote from seatyed:

Germany like every other country is looking out for itself. There is no real solution to the existing situation. When you are over extended, the price has to be paid. More debt simply creates a bigger problem further down the track
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2 things, if you only look out for yourself, then don't be part oof the Euro, period. And stop teaching the UK, how not to be selfish when it comes to the transaction tax.
I can't believe how smart the UK was not to fall in this Euro mess, If the UK would have been in the Euro, there is no question their yields would have been double then now, their rating would have been in danger, and would be begging Germany for mercy. (just like France) Thess english people have some wisdom when it comes to Germany, they always had.
 
Quote from optionnew:

Germany has a history of destroying it neigbors for its own good in the past.
Now in the 21st century context, is history repeating itself?? Germany keeps denying any resonable solution that could stop contagion and a bank run in europe, and every week we hear of yet another europeen contry falling into contagion.
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Most speculator & trader will hope Germany to open the door to "rescue" the whole Europe

As for the good sake (and fxxx those bankers), I think Germany do the right thing by refuse to do this:D
 
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