{"id":5856,"date":"2015-02-20T06:25:13","date_gmt":"2015-02-20T11:25:13","guid":{"rendered":"http:\/\/olduvai.ca\/?p=5856"},"modified":"2015-02-20T06:25:47","modified_gmt":"2015-02-20T11:25:47","slug":"how-germany-is-blowing-up-the-european-union","status":"publish","type":"post","link":"https:\/\/olduvai.ca\/?p=5856","title":{"rendered":"How Germany Is Blowing Up The European Union"},"content":{"rendered":"

How Germany Is Blowing Up The European Union<\/a><\/h3>\n

As Germany is set to reject a Greek loan extension request (and no, international press, that is not the same as an extension of the bailout program), Steve Keen uses proprietary numbers issued by the OECD \u2013 which is supposed to be on Germany\u2019s side?! \u2013 to show how dramatically austerity has failed in Europe- that is, if the recovery of the Greek and Spanish economies was ever the real target. It certainly failed the populations of the countries.<\/p>\n

The problem is that nobody, not even the OECD can for Germany to answer to a report. But that does not make the case that is made, any less obvious, or bitter for that matter. Not many people remain ready to think that Greece will do what it has said it will, but I think they have been very consistent in their stated goals, and people get distracted too much by semantics at their own peril.<\/p>\n

As Steve shows, and Syriza proclaims, more of the same is not on the table, for good reason. It will and can only make matters worse for Greece. Germany \u2013 and the ECB \u2013 choose to entirely ignore the consequences of their theories, in particular the humanitarian crisis they have caused in Greece. And any political union that ignores the misery it unloads upon its citizens has a short shelf life.<\/p>\n

…click on the above link to read the rest of the article…<\/p>\n","protected":false},"excerpt":{"rendered":"

How Germany Is Blowing Up The European Union As Germany is set to reject a Greek loan extension request (and no, international press, that is not the same as an extension of the bailout program), Steve Keen uses proprietary numbers issued by the OECD \u2013 which is supposed to be on Germany\u2019s side?! \u2013 to […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[2,5],"tags":[233,279,281,282,284,285,359,1167,2236],"class_list":["post-5856","post","type-post","status-publish","format-standard","hentry","category-economics","category-geopolitics","tag-ecb","tag-eu","tag-europe","tag-european-central-bank","tag-european-union","tag-eurozone","tag-germany","tag-greece","tag-syriza"],"_links":{"self":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/5856","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=5856"}],"version-history":[{"count":2,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/5856\/revisions"}],"predecessor-version":[{"id":5858,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/5856\/revisions\/5858"}],"wp:attachment":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=5856"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=5856"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=5856"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}