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[questionmark]

The Telegraph said:

To grasp how Germans feel about being the focus of expectation in the maelstrom of the euro crisis, Der Spiegel’s bestseller list might serve as a guide. A polemic entitled Europe Doesn’t Need the Euro holds the number one slot, written by Thilo Sarrazin, a former board member of the Bundesbank.


Nostalgia for the era when Germany had a sound national currency, immune from the feckless profligacy of other countries and issued by the mightiest central bank in Europe, was once a suppressed emotion. Today, by contrast, this sentiment is widespread.


The advent of bail-outs funded largely by German taxpayers – and the general belief in the chancelleries of Europe that Germany has a unique responsibility to “do something” to save the euro (by which they mean, pay yet more money) – causes ordinary people in Berlin to question the whole enterprise.

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[Mr Right Wing]

questionmark, on 14 June 2012 - 08:16 PM, said:

Germany will never join a USE because its people would never vote yes in a referendum.

The only way to solve the sovereign debt crises is with a USE. Without a USE the only way a nation can protect itself from contagion is by leaving the EU. Germany knows this and Merkel is no fool.

Merkel wants the sovereign debt crises to continue with every nation remaining in the single currency. The reason is the more contagion spreads the more German exports boom. When it comes to the pivotal moment where contagion is about to spread to Germany it will quit the EU emerging as the new economic superpower.

If the Germans play it right they can sink the US economy too as a Europe wide default effects their trade.