Speculations, hypothesis and confutation are sacred, facts are fake, failable and always on the verge of being false or falsified.This paraphrase of (The Guardian motto, for ex.) newspaper jouirrnalism is here crossbred with Paul Feyerabend and in some extent Karl Popper`s epistemology. More on that here.
For a human parasite organism organized in a State form in this point in time ( not much time left, but who cares) lets speculate:
The debt driven economy as a goal postulates first the political wish, consequent acting (Hollywood style helps a lot in training of the ruling caste/casting) and some spare money to function properly.
The “normal” functioning in the debt driven economy requires an efficient State machine achieved by its organization.The amount of overall profit has to match the cost efficient service. No profit, no taxes is the rule to survive.
Considering the ECB-Mario Draghi statement that the Eurozone architecture and its debt driven economy structure is already functioning 99% automatic, we can assume this statement as an act of God, the fundamental,out of human reach and thus non questionable. We can make a laugh on it, but the Eurozone Directors and Producers believe it and what can we do with such beliefs if they are used as a blunt instrument – the monetary policy, every day on everybody`s back. So dear folk, The Believers rule the Eurozone.
Sure this beliefs need a Bible and this Bible is all the treaties, rules and regulations, just like the Sharia law Eurozone style. It is thousands and thousand of pages, and the Directors and Producers are there to explain and interpret this Belief Cult to the Eurozone congregation, as it is usual in the human parasite society.Especially the Neoliberal agenda needs a lot of pages and rules, which may sound strange, but free market is fake news and the Bible is here in the Eurozone. Just look the amount of the free trade agreement pages as TTIP, thousands, just to establish a “free trade”, eh.
And all this is 99% Automatic.
So after the 99% act of God, what is left? Surely the winners of the field, more or less the German train and its Locomotive-Germany.It is “normally” efficient, much than others and gets a 20% undervalued Euro to function, Target 2, exports 6%, and similar are favorable, capital flows in the right arms, and it works faithfully on the act of god-99%- automatic.The environment is automatic and here is finally (ohhhhh) the Witchdoctor point in time and the destiny coming out of this.
Germany and economy of the Eurozone are almost identical concepts, single feritilized egg twin,and out of this follows;
Germany does not need to do anything, just keep the rudder/steering wheel 99% automatic.
BUT to become the real leader of the Eurozone the automatic is not enough, even worse, it is bad. Because, to change or lead or really structure the Eurozone, Germany needs to go in the field of Political Economy. Political Economy has nothing to do with this Mario Draghi Perpetuum Mobile of 99% automatic. The leading, possible role ( just dreaming here) of Germany means politics an politics becomes economy.Political Economy. It means that the 99% automatic must be dumped in the waste basket.
And here we come to the next obstacle;
Germany is structured in a way the other, southern countries will never be or become. The one minded corporate military mindedness, absolutely devoted to the task, the hidden long ruling German Oligarchy no German citizen ever questions, can only work in Germany and to some extent in France, France with the Napoleonic mind structure and attitude and his similar Haute Etudes and other long standing Oligarchy where are all friends and only occasionally opponents.Just look at the election candidates last 20 years and you can laugh or cry.That is why this two States collaborate anyway.
The only German counterpart are the Anglosaxon Corporations, same military approach and corporate belonging (lets go out and kill them/make a killing they shout while making business). Even the Chinese are not so….. focused (hahaha, focused sounds soo fine).
So, to wrap it up, the Eurozone Economy is Germany and it is 99% automatic, if not, the ugly uncles from the Troika will fix you, they need you as buffer pool (meaning all others excluding some) to go 99% automatic. If Germany has to enter the field of Political Economy and even starts to get his hands dirty, which is strange from a profit seeking point; why should Germany ever do it; even the Euro break up is a better option for Germany,and anyway the German population was led to believe the all others in the Eurozone are living on the German back and money, , which shows the power of German oligarchy and press and the one side mindedness of the German population,,, so to conclude that is the Option as seen above.
Do not forget that Alternative for Deutschland was invented by some neoliberal German economists together with a nice chunk of the “liberal” German oligarchy as an “answer” to the disfunctional Eurozone and after that was given in the hands of today leaders, which know how to pump up the Hormones of the Masses and get momentum. Plan B in action.
But this is just a tale with similar names in a parallel universe.