[lbo-talk] Germany rising?

[123hop at comcast.net]

This article argues that the EU will culminate in the empire Germany always wanted. 

http://blogs.telegraph.co.uk/news/peteroborne/100098260/this-crisis-will-give-germany-the-empire-its-always-dreamed-of/ 

But the question I have is how will the newly immiserated PIIGS be able to afford German exports...? 

Joanna