The EU now too is concerned that Germany’s current account surplus “is harming the wider European economy” and is openly considering punishing the naughty economic powerhouse.

Germany is relying too much on exports, eurozone officials are grumbling, while not doing enough to create demand at home. And although these officials maintain that “our problem will never be German competitiveness, but whether Germany, Europe’s economic powerhouse, could do more to rebalance Europe’s economy,” their problem has always been German competitiveness and knowing that Germany, Europe’s economic powerhouse, cannot do more to rebalance Europe’s economy.

“Europe needs more Germanys,” in other words, and it’s up to Germany to now, uh, create them.

Deutschland kann dem Rest Europas nicht Regeln vorschreiben und sich selbst nicht daran halten.

PS: “It’s GOOD to be the export king.”