2012年6月14日星期四

The austerity policy has failed - the crisis in Europe, Germany / European Magazine

Europe and Germany crisis
Sebastian Pfeffer - 08.06.2012


Germany's story about the crisis in Europe is an illusion. Germanic austerity policies and help feed the people and the fight against hunger. Now is the time to consider the next.

Europe has been standing at the edge of an abyss for so long, that we have begun to fade away the memory of how this point. The crisis has become a feature of everyday life. The former German Foreign Minister about Shi card Fischer published an impassioned article in the "Süddeutsche Zeitung" on appeal. "Europe is burning," he wrote, "German Chancellor Angela Merkel is trying to extinguish this fire poured the kerosene."
 
Within the German government austerity plan and did not produce the expected results of this view is gaining new adherents. Last week, a group of government politicians and the opposition was held in Berlin to discuss the European financial agreement. One thing is clear: German Chancellor Angela Merkel must be prepared to make concessions.

But this is clearly not a cause for celebration. Over the years, this merry-go-round crisis has been in the movement, when the fast slowly, but without a break. In recent days, it is picking up again, will enable New Jersey (Spain) are in danger of loss of balance, and a threat to the integrity of the entire rotating structure. I and most people in the same situation: I do not fully understand what happened, I do not think those in power can better grasp it.

Until now, Germany has been able to get rid of it is the worst situation. However, the fire still burning around us, we are sitting on a small piece of green grass, and still hopes on the "German-style hard-working" will save us, "lazy" southern style victory will allow us to fall into the abyss. However, even if we have begun to smell the smoke of distant burning fire our economic future is obviously bleak.

"But the fiscal austerity wrong?", We might ask. For us, the demand for debt and spending cuts, not just a simple slogan. This is a basic expression of the principles of economics: we should only spend our money. We take a look at the debt levels around the world (as well as Germany's debt level), would admit that this broken faith: no one can repay the trillions of dollars of debt. But we also have to know more about international finance, we fool you?

This is a tragic turning point in the history of Germany is committed to the responsible person to handle our financial position has led to a series of inevitable policy shortcomings. Ignite when a fire began in the periphery of Europe, we often show the pride and arrogance: "Look at these southerners cocoon ah!" We knew that all eyes are on us and support the Germanic austerity policies and economic strength land, We are eagerly interested in their worship and concerns. Merkel's austerity plan has been implemented but there is no strong domestic support.

But we easily forget that the European peripheral countries are Germany, the story part of. Our green patch (austerity programs) is not a wide trenches enough to be surrounded to protect us from the fires in Greece or Italy or Spain. Even our economy around us, countries can not succeed.

Until recently, the debate in Europe is concentrated in a single nation of the independent alliance to form a coherent, the challenges of the European Community. In this way, the "rescue" has become today's rules. But we also become a non-stop surgery for the EC to stop bleeding and to maintain the heartbeat surgeon.
   
No one had bothered to sit down and patiently, holding his own hand as their own fight for survival.

Today the spread of the crisis can also use a different named: our future. In many countries, the significance of youth unemployment rate is much more than a sad statistics. It affects what to shouldering the next generation of Europe's contribution to their own life. Did not work, they would be at home, well-educated but not working. They are studying in a foreign country, learn to speak a foreign language, beyond the cultural obstacles to the establishment of friendship. They did not cause the crisis, but their future in this flame consumed. When the disappearance of their future, the future also will wither.
   
But if we are from the outset to know this, therefore, maybe things will become different. The European story is not about the Greeks, to enjoy it too much vacation, early retirement age, and bathed in German capital. This story is about the next generation together, keen to find a job and contribute to. This is correct, if we put aside this illusion, the tightening of policy will provide a way out of this crisis on the boulevard.

We do not need to share the negative inference about applied card Fischer that "this will be a tragedy and irony, if Germany in the early 2000s, again, unity, harmony, planning a good blueprint, will lead to Europe's third perish. "Fisher also may be correct, but the ability of Germany to sacrifice and bear the test of time has come. If Merkel is now reconsider his policies, this is our only remaining opportunity for the need to find a new path - no matter at what price.




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