Tuesday, June 05, 2012

Germany Again Aiming to Dominate Europe


What the mainstream media are not telling you about the euro zone crisis: the euro system, which Germany basically created, gave it a big currency edge at the expense of southern Europe. For 16 years since the euro's establishment, German exporters--of everything from cars to weapons--minted money by selling stuff to Greece, Portugal and other countries. German and French bank loans to Greek banks fueled the imports of German products.

For the third time in less than a century, Germany is determined to dominate Europe. The first two times caused two world wars. The current conflict is financial. Fortunately, there are democratic forces in Germany that stand with the Greek people.