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FT - S&P ratings warning to top euro nations
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I do not doubt Germany's ability to get what it wants."The state is the great fiction by which everybody seeks to live at the expense of everybody else." -- Frederic Bastiat, 1848.0
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Getting what Germany wants from other EU politicians is the easy part though. Getting the 'foreign' politicians to enforce those rules on their populous seems practically impossible, especially in the likes of Greece or Italy, without the risk of totalitarianism.
The Euro, IME, was always a construct of the political elite which had little or no popular support. I've yet to meet a Eurozone-ian that supports the Euro.0
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