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Germany’s Virtuous Circle Takeover Of Europe

Friday, April 26, 2013 14:27
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Be prepared for the next great transfer of wealth. Buy physical silver and storable food.

zerohedge.com / by Tyler Durden / 04/26/2013 15:01 -0400

German finance minister Schaeuble just explained, in a seeming effort to assuage rising fears that the one core nation left in Europe will choose the game-theoretically optimal first-defection wins strategy, that “Germany benefits from the Euro more than others.” Indeed it does; as German firms are buying up strong competitors, clients or suppliers at a time when those companies are struggling to stay afloat through years of recession in their home markets and as shaky banks restrict access to credit. It appears that the slow-and-steady bloodless invasion of Europe can be summed up by the following virtuous circle of Germany’s hidden strategy. Of course, as Schaeuble explained later in his missive, “it is nonsense” that Germany wants a German Europe and that the Euro exchange rates is “Okay” for Germany.

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Thanks to BrotherJohnF



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