This is an interesting article from the Guardian and is well worth a read.
The eurozone will pay a high price for Germany’s economic narcissism | Hans Kundnani | Comment is free | guardian.co.uk.
It argues that Germany is following an extremist policy of economic narcissism which is benefiting Germany at the expense of the rest of Europe.
The article maintains that Germany policy is based on the concept of “ordoliberalism’ which is a Germanic view of neoliberalism ( the Austrian & Chicago Schools of economics which favour austerity and monetarism, rather Keynesianism).
Let me know what you think?