LILI MARLENE (Leip/Schultze)

"Underneath the lamp light" Angela Merkel is panicking. A recent poll of the German electorate seems to be swinging to the view that they would be better off out of the Euro, returning to their beloved Mark. This will naturally be a momentous step for a nation that was hidebound on acquiring a consensus across Europe, to act as one nation. 'Dream on.'

The longer this dithering continues, the more expensive the bill will become; either way, it won't be cheap. How can Germany pick up the tab for the list of nations in serious economic decline, due to the moronic  pursuit of this flawed project? The German dream was to be the powerhouse nation, they do work much harder than the rest. Unfortunately, they have this blinkered approach, ignoring the danger signs; whereas the Southern European economies have a much different mentality, lacking the discipline of the North, particularly the Germans. Greece, for example, should not have been able to be accepted into the Euro zone; in which case, how did it come about? Well! Germany wanted as many nations as possible to be able to afford their automobiles, this being much more likely within the sphere of a common currency. Now, as the likelihood of, at best, Greece aborting, at worst, the total collapse of the currency; this would leave the Germans with the enormous problem of a very strong Mark, against much weaker currencies. Either way, Germany takes a financial pasting.

This type of situation arises when belligerent politicians get out of their depth, thinking only of the greater glory, rather than the logic.


THIS WILL GET NASTY.