A Germany living on borrowed time

February 18, 2017 0

The narrow-minded attitude of the Germans with regards to austerity, currency and money in general is totally counterproductive in Europe’s current situation. There is nevertheless one certainty: they are sincere! In fact, Germany’s behaviour can only be understood in relation to its at the very least tormented history. Wasn’t bread worth 400 billion marks in…

By Michel Santi

Back to the Deutschmark

January 6, 2017 0

The staunchly anti-European Martin Feldstein, a Harvard economist, wrote prophetically in 1997 that the introduction of the euro would exacerbate economic cycles by aggravating unemployment in certain member-states. Whose economic problems would contribute to a crisis in confidence in the Union. In fact, those who were convinced that the Union had been suffering a crisis…

By Michel Santi

Disintegrating Europe

December 6, 2016 0

Europe was founded and edified on the famous principle of the four liberties. Capital, goods, services and work are meant to be able to move without any restriction anywhere in this mercantile Europe. Unlimited competition goes hand in hand with minimum control over the private sector, which together are supposed – according to the irrefutable…

By Michel Santi

Brexit versus globalisation

November 5, 2016 0

Brexit was much more than a British electoral consultation to leave the Union. The issues were actually much more serious – and critical for some – than the relatively anecdotal aspect of a country that had never really integrated into Europe. Despite what had been stigmatised by the partisans of the Remain camp, Brexit was…

By Michel Santi