Germany has more influence than you thought. More than I thought too.
World markets slid Wednesday while the euro hovered near four-year lows against the dollar after Germany announced new curbs on traders in a unilateral attempt to shore up the ailing single European currency and prevent the continent’s debt crisis from getting out of control.
Observing Hermann 
Well, Germany made a unilateral move at a time when…. wait for it…. multilateral action and enhanced communication were called for? And it did so in order to protect its own interests? Wow. The irony is rich.
I’m wondering if Germans are intentionally trying to sabotage the Euro. Banning naked short trading left just the Euro to bet against in order to hedge risks related to Europe. Surely they would have known that? It makes me think they are trying to silently sail the ship into a sandbar; “Germans, women, and children first to the lifeboats!” I guess.
Could be! Germans sure hate the Euro, that’s for sure. Always have. You know, the Teuro (the making everything more expensive Euro)? Now it’s Teuro 2.0, or Euro II – The Bailout.
Or “Le Tarp Mach deux”, as one WSJ columnist called it. I know very few Germans who are as keen on the European project as they were just two years ago; that being said, the vast majority of Germans I know would go back to the Mark tomorrow if they could.
You have a great blog here. I don’t know why it took me so long to find it. Please feel free to check out mine as well, since we have some similar themes.
Thanks – and sure will. Couldn’t get through to you up until now: http://wearegovernment.blogspot.com/
It’s because I typed the address in wrong. I wish I could blame it on a technical glitch, but I guess it’s just old fashioned incompetency. Thanks!
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