[lbo-talk] When Empires Lose It

Angelus Novus fuerdenkommunismus at yahoo.com
Fri Jul 2 02:24:35 PDT 2010


Doug:


> How would you explain it? Well, I more or less understand Obama, but
> what are the forces in Germany pushing austerity? Isn't anyone
> worried about the hit to German export markets?

Why would domestic austerity hurt German export markets? Aren't Germany's low-wage policies the key to its export success?

James Heartfield:


> Cue much outrage along the lines of 'not enough that you invaded
> them in 1942'

That outrage is entirely correct.



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