General Discussion
In reply to the discussion: Germany is in the wrong, very wrong, in Europe, and must be corrected. Further information: [View all]sabrina 1
(62,325 posts)But the longer the problem continues, the more people who are affected, the more anger there will be and when people are angry, they are not given to worrying about nuance unfortunately. For now, Sarkozy and Merkel were the main proponents of Austerity, the word itself is unfortunate btw. They refused to listen to anyone who proposed less austerity for the people and more for the banks. Not they are acting alone, I know there are many more involved in this insanity much of it directed by Wall Street entities like Goldman Sachs.
She needs to listen to the new French President who is asking for more GROWTH and less AUSTERITY. It makes sense, unless all you care about is protecting the bottom line of bankers. But if there is no growth, no focus on jobs eg, no investment in the people, which there has not been, then eventually even the Banks will lose and civil unrest is likely to increase.
I do feel there is some hope now that Sarkozy is gone. But Hollande will have his hands full and will need support to end the policies that have been a total failure so far. Maybe Merkel will listen to some new ideas, because the old ones are merely putting off the eventual collapse which really is inevitable at this point.