“A New Growth Bloc Against Germany’s Flawed Leadership”

This is a crystal clear post on what is wrong in Europe and why German leadership has led Europe totally the wrong way.

Although I see the point of the Growth Bloc, I am not sure the Netherlands belongs there. Obviously, it has many similar problems to Spain earlier, but the Dutch economy is much more integrated to the German economy than the other prospective members of the Growth Bloc.

I am also not so sure that the EU would survive a split in the euro.

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