A few things we do
not bear anymore
The previous blog was intended to
resume the lessons of french last elections, namely that the European Union and
the Euro are likely to explode in the absence of radical change in European policy,
if our German friends do not cease to want a Europe that is a Bigger Germany, to
dominate it, to run it their way..
Let’s just compare Dear Mutti, a lowbrow grocer, to those great German Statesmen, the two Helmut Kohl, recently deceased, and Schmidt!
A few examples of what went wrong
The Greek crisis: the
subprime crisis (Hey, by the way, what about Deutsche Bank) has turned into the
debt crisis of states, hitting heavily the European weak link that was Greece. Indeed,
the systematic cheating of the public accounts in Greece (with the complicity
of whom?), the inexistence of a state
worthy of the name in Greece, that could
not last and was threatening the European area – explosion was possible. Okay,
had to hit fast and hard, and you did it.
But, as good protestant, you
could grant no absolution and had to punish the sinner until he cries tears of
blood. The best evidence of this
will to punish is that it led to decisions that were detrimental, not only for Grece,
but for all of Europe. Your delays, your concerns in the implementation of
the European stability mechanism, in the buying of national state debts by the Central Bank have cost
billions. Today, even while the IMF insists on the necessary cancellation
of part of the Greek debt, you ‘re still delaying this measure, indispensable
to a dying Greece... for the cause of German elections. It's shameful, it is
contrary to the purpose – for god sake, how the Greeks could rebuild a State in
those conditions?
Deficits: of course,
a current account deficit, unreasonable and renewed year after year, is not
tolerable, nor sustainable for a State. But finally, intra European trade
is such that the deficit of your partners contributes heavily to the surplus
which you are so proud of. In the end, if we are a European Community, the
deficit of these European countries towards Germany ihas no more importance than
that of Wyoming towards California, right? It's across Europe that we must
judge the deficit-Are we a community or not ?
And then, in times of crisis and
moreover, when interest rates are at
their lowest, deficit is better than recession,
right?
Finally, there are also political
considerations. Can you remember ? , The reunification of Germany with parity between
East and West marks was economically wrong, but politically inevitable. Kohl
did it, we understood it, a good German
reunification was necessary for Europe And, due to convergence towards euro,
we had to endure interest rates greater than we might have had. Instead of
defending foot to foot your immediate interests., you should think of political
agenda. Kohl and Schmitt did !
Abandon of
nuclear power, for purely demagogic reasons, with
the reactivation of coal or even lignite plants: this was a crime against the economy (a more
expensive energy), against global warming, against public health (thanks for
the episodes of pollution). You have done much worse than this poor Trump,
with its coal mines in Wyoming which no sound industrialist would operate ! You did much worse, but no one seems
to notice. Bravo ! Let’s agonize Trump !
Immigration :
one day, you encouraged all refugees to immigrate and to come to Germany. Orban
then decided to let all migrants who were piling up in the Hungarian stations,
oddly, you were not pleased at all. Then you wanted to decide which
country will host refugees and how many ( who gave you the power to do this ?).
Finally, sheepishly, you entered into an
agreement of sequestering refugees with the Turkish neo-sultan, and now we
depend on him, threatening to open the valves whenever he dislikes something
(an article, a song, a sermon). Brilliant !
But who gave you a mandate to
lead all European Nations immigration
policy? We understand that your catastrophic demography (by the way, why in
a so well governed country?) incites you to encourage immigration, but
this isn't the choice of everyone.
Your policy of
competitiveness by low cost: the average hourly
wage in France and Germany is about the same. But inequalities are much
stronger in Germany. While some high technology sectors remained
protected, in many others, you ‘ve given
up your strong industrial traditions for a policy of low quality, low wages. You
have 22.5% of “working poors” against 8.8% in France (21.3% in England, 3.8% in
Belgium). Your policy has not done miracles, it has simply turned unemployed
into poor workers. You have even invented reverse auction - work assignments at least asking. This is
a policy that values work! You have completely unbalanced markets, french
pork producers facing your giant abattoirs populated by overexploited Polish
workers know something about.
This policy of competitiveness by
cost, it's really the reverse of a model who could rally the majority of
Europeans, the Rhine Capitalism Model- it’s the opposite of what made the
reputation of your industry. You also had to cheat, and as you don't do
things by halves, it gives Volkswagen. Focusing on competitiveness by cost
instead of innovation, you are now
scandalized to see the Chinese taking the jewels of your industry, your robot
manufacturers and you want to limit
their investments. But now, they are the
real industrialists!
And this policy of social crush, of competitiveness by cost, and especially
wage costs, you want to impose it on all over Europe !
And let’s speak of your bulldozer way, the way you perverted the European
Institutions, to impose your interests. Thus, for the catastrophic
"liberalization" of the electricity market, while EDF was exploding,
you managed to sell the idea that there was no monopoly in Germany, since there
was a public distributor by Länder. Bravo! And it's just a small
example.
No, that cannot and will not last
for long ! It's five to midnight, five years before the explosion of the
Euro and the European Community. You really have to change, quickly and deeply. To change of Merkel
and of policy
Good election year !
