A crazy idea that just occurred to me, maybe because it's too late at night: if Germany is indeed the only country to disagree on how to save the Euro, what would happen if Germany left the Euro instead of picking on other nations to leave? Then the rest of the nations can agree on managed devaluation of the Euro – let's face it, intentional devaluation is a good way to attract foreign investment – without requiring Germany to bear the burden of 'other countries problems'. Sure, it would be more difficult for business, but business would get the loser's side anyway if all the other countries leave the Euro one by one.
NYT: For Germany, Austerity Elsewhe
The elections in France and the government’s collapse in the Netherlands should serve as warnings for Germany, which still insists on austerity elsewhere in the euro zone.
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