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Wednesday, 25 June 2014

Germany waning

It may take five or ten years, but Germany will eventually join the UK on the fringe of a new European Union. Paradoxically, Merkel's support for a drunken, crooked little dag of a man, who was sacked as PM of one of Europe's smallest countries, as its new 'President' will accelerate the process. Juncker, we are told, owes his support to the Olive belt, who value his anti-German, anti-austerity approach to Euro zone economic remedies. France, which has always viewed Germany's job as using its financial and industrial strength to subsidise, er, France and maintain Marianne as top-nation, has been dismayed that Germany has become too big and too independent. 

So, Germany and the Bundesbank will be put in their place. Germany's job is to distribute its wealth to its less provident neighbours. As Der Spiegel reports, Europe's political class also blames the 2012 Stability pact for the growth of the domestic anti-Europe parties that threaten their gravy train. And with Brexit on the horizon, Germany will lose not only a long-time ally against the improvidence of the corrupt South but assume a huge whack of the loss of the UK's net annual contribution of over €10bn. 

So I don't think it will be too long before the Hermans realise that the EU is a club to which they no longer want to belong, at least in its present form. By the next Euro elections the AfD may be in a position to take as many seats as UKIP did in this round. And the tectonic plates will shift.


Anonymous said...

The Teutonic plates will shift.

opsimath said...

I pray to the Almighty that you are right, Radders.

Great article, by the way - thank you.

Sackerson said...

"Germany's job is to distribute its wealth to its less provident neighbours." I don't know if it's typical, but according to John ward some of that wealth was acquired by lending money to Greece to buy German armaments the Greeks didn't need. Is it not the case that sometime, when the well-off complain about taxes they hurry past the part about how they got the money in the first place.

Bloke In Italy said...

Hi Sackerson - you can't place too much faith in what John Ward has to say, in my view he has gone completely bananas with his conspiracy theories. I find his blog unreadable nowadays which is a shame as in the past I have enjoyed it.

Germany may well have sold overpriced arms to the Greeks but you can largely blame the impossibly corrupt Greek government for that.

Sackerson said...

"the impossibly corrupt Greek government" - bribed by...