Spitfire List Web site and blog of anti-fascist researcher and radio personality Dave Emory.
The tag 'EMU' is associated with 91 posts.

Wars and Postwars: Germany, The First World War, and the EMU

We’ve spo­ken often of the pan-Ger­man eco­nom­ic plans of Friedrich List, as well as their real­iza­tion under the Third Reich, in both its above-ground and under­ground man­i­fes­ta­tions. We have not dis­cussed the First World War (the cen­ten­ni­al of which is approach­ing), in which Ger­man impe­ri­al­ists were firm in their aim of uti­liz­ing the post-war to real­ize their aims of a Euro­pean eco­nom­ic union, dom­i­nat­ed by Ger­many and used to fur­ther their hege­mon­ic goals.


How Austerity Kills (The Continuation of War by Other Means, Part 2)

In past posts, we’ve ana­lyzed the “aus­ter­i­ty” being imposed by Ger­many on the poor­er coun­tries of Europe against the back­ground of the the­o­ries of Pruss­ian mil­i­tary the­o­reti­cian Carl von Clause­witz. A recent op-ed piece in the New York Times illus­trates this analy­sis very clear­ly.


Merkel: France is Europe’s “Biggest Problem Child” (Not with a Bang but a Whimper, Part 2)

Pre­vi­ous­ly, we have not­ed how the euro­zone cri­sis is pre­cip­i­tat­ing a stun­ning, unprece­dent­ed dis­so­lu­tion of nation­al sov­er­eign­ty. With social­ist Fran­cois Hol­lande hav­ing called for more “stim­u­lus” in response to the con­ti­nen­t’s aus­ter­i­ty-dri­ven, Ger­man-man­dat­ed depres­sion, the French leader is in the crosshairs.


“Too Big to Fail” (Uber Alles): The EMU and German Economic Imperialism

Pre-con­ceived Ger­man eco­nom­ic poli­cies are bear­ing long-desired fruit. Unable to find work due to Ger­man-dic­tat­ed “aus­ter­i­ty,” skilled work­ers from Greece and Spain are pro­vid­ing “labor bat­tal­ions” for Ger­many. The dev­as­tat­ing effects of that same “aus­ter­i­ty” is mak­ing indus­tri­al con­cerns in Greece and Spain ripe for Ger­man cor­po­rate takeover.


Is Germany Using North Korea to Destabilize Asia and the US? (One Heckuva Conspiracy Theory)

TIMELINE–November, 2012: Ger­many’s for­eign min­is­ter encour­ages the U.S. to embrace both a “Trans-Atlantic” free trade pact and Ger­man-dic­tat­ed “aus­ter­i­ty.” Jan­u­ary, 2013: Fol­low­ing Oba­ma’s piv­ot to Asia, Ger­man lawyers and econ­o­mists decamp to North Korea, in the wake of a her­ald­ed “eco­nom­ic and polit­i­cal open­ing to South Korea and the West.” Ear­ly spring, 2013: the Hitler-influ­enced Asian nation’s leader does just the oppo­site.


Not with a Bang, but a Whimper . . . .

In Europe, the nation-state is being forced into obso­les­cence, and there is lit­tle dis­cus­sion of this stag­ger­ing devel­op­ment. Angela Merkel has for­mal­ly stat­ed that EU mem­bers must be ready to sur­ren­der sov­er­eign­ty on fis­cal mat­ters.
Europol, its police force, has suc­cess­ful­ly tak­en a num­ber of steps that many would see as intru­sive, with lit­tle or no real appli­ca­tion to law enforce­ment.


Germany’s STERN and Tagesspiegel: Germany Owes Greece Billions of Euros from WWII (Greek Citizenry, Political Parties Agree)

For years, we’ve been cov­er­ing the piv­otal issue of World War II flight cap­i­tal, now on the front burn­er. Ger­many’s STERN dis­cuss­es it. So does Tagesspiegel. 8 of 10 Greeks favor Ger­many pay­ing their WWII debt. So do that coun­try’s polit­i­cal par­ties. Say­ing that the debt has been paid, Ger­many con­tin­ues to dis­sem­ble about the issue.


Going for the Gold in Cyprus (All that Glitters Is not . . . “Oh, Never Mind,” Part 2)

Revers­ing field time and again, the EMU’s not-so-wise men (and women) are destroy­ing busi­ness con­fi­dence on the part of those who might be inclined to invest in the indus­tri­al or finan­cial sec­tors of the euro­zone’s trou­bled economies. It appears that 75% of Cyprus’ gold reserves are going to be appro­pri­at­ed as part of the “set­tle­ment.” Fur­ther­more, this appar­ent­ly comes as news to the Cypri­ot offi­cials han­dling the sit­u­a­tion for that unfor­tu­nate coun­try.


Deutsche Bank and the Financial Meltdown

It is impor­tant to under­stand that Ger­man banks are any­thing but blame­less in the Euro­pean finan­cial cri­sis. Deutsche Bank car­ried a large amount of bad debt on its books and lied about it in order to fool investors. In 2007, the Fed­er­al Reserve had to help bailout Deutsche Bank. The U.S. sued Deutsche Bank over its manip­u­la­tion of the Amer­i­can mort­gage mar­ket.


Luxembourg’s Foreign Minister: Germany seeks “Hegemony” in Europe (by “Other Means”)

Lux­em­bourg’s for­eign min­is­ter has added his voice to those not­ing Ger­man impe­r­i­al designs lurk­ing behind the facade of the EU/EMU. Jean Assel­born has unequiv­o­cal­ly stat­ed that Ger­many aims for “hege­mo­ny” in the euro zone. A grow­ing con­sen­sus is emerg­ing echo­ing this sen­ti­ment. Blog­gers, finan­cial reg­u­la­tors and gov­ern­ment min­is­ters have expressed sim­i­lar opin­ions.