Queen Titania
Senator
Or Germany's excuses for supporting the euro today?
"Germany sees the Euro as a way to weaken its currency to increase exports. As Ben Bernanke notestoday:
"'Germany has benefited from having a currency, the euro, with an international value that is significantly weaker than a hypothetical German-only currency would be. Germany’s membership in the euro area has thus proved a major boost to German exports, relative to what they would be with an independent currency.'
"Moreover – in a little-known slice of history – the Euro was really created for very different purposes than peace in Europe or competition against the U.S.
"Specifically, this guy – a North American named Robert Mundell – is the father of the Euro:
"Mundell is not the least bit European. Born in Canada, Mundell taught at the University of Chicago for 7 years, and has since taught at Columbia University in New York for more than 40 years.
"But didn’t Mundell create the Euro to help Europe?
"Not according to Guardian, Independent and BBC investigative journalist Greg Palast, who explained in his book Vulture’s Picnic..."
http://www.zerohedge.com/news/2015-07-17/little-known-history-euro-crisis-was-baked-start
I was reading somewhere that The EU its self was thought up by a Pole, now a US citizen but from Poland. The Poles being the most troublesome and war like of all Europeans I do doubly doubt the whole concept had nothing to do with unity, not that instinctively I ever thought it was ---- when 'Hitler' ( shhh I didn't mention that name ssshhhh) called for peace and unity and fair trade all he got was a declaration of War ---
WWII was fought for the Dollar --- Germans have to tread carefully so though I go along with the 'Germany is being too harsh' pov I am also aware of their predicament going back over two wars where the mightiest forces in the World crushed them for simply being themselves. But I just mentioned that for to say that this goes deeper, I don't want to 'do' it ---