@Lyzko
A quote for you and other pro-EU's
"Leaving aside the larger questions about currency manipulation via first the Euro itself and later the depressed exchange rates due to the ongoing and artificial crisis, Germany has, just since 2008, saved €100,000,000 on debt refinancing as a consequence of the various Greek crisis points alone. Much of that debt has 10 and 20 year maturities, and Germany will therefore realize a much greater return as their debt matures.
There is also the cost of contagion to Germany in the absence of the various bailouts. Given that the rationale for the bailouts has always been that it prevented a European and possibly worldwide Minsky Moment, the cost of German loans to the periphery should be included as well. This amount comes to nearly €750,000,000 which brings the ancillary savings alone to nearly one trillion euros.
It is precisely because of US transfers to Puerto Rico that you don't hear about it in the news.
The Eurogroup was, and is, not an administrative body. It had no legal basis at all when they negotiated the first bailouts, and today has only the authority to meet and discuss, but not to set, policy. It is as undemocratic an institution as any western state or states has maintained since the middle of the 20th century. You may be interested to know that Sarkozy opposed the implementation of the Eurogroup on the grounds that only elected officials should make policy on such a scale. He was overruled by Merkel.
Finally, you seem to suggest a relationship between the bubble period and the growth of debt, about which you claim opponents of austerity have no thought to repay. It was Varoufakis's main point that austerity made it impossible to repay the debt, a point on which every economist agrees to some extent or another. His plan was ignored for, among other reasons, the fact that it would force Germany to reform its economy - i.e., give German laborers a well deserved raise.
This last point is also the means by which the various Eurozone bubbles could be created at all: Germans recycled their lost wages into capital exports, which boosted wages in neighboring states, which in turn facilitated increased German exports, and in turn more capital exports, and so on. It is no coincidence that Germany became briefly the world's largest exporter in absolute terms - an advanced economy of 80 million exporting more than China's developing economy with 1.3 billion. Germany today exports a far larger proportion of its overall GDP than China does, and has done far less than China to rebalance its economy.
In short, the means by which Germany finally recovered from its long malaise since reunification was through the generosity of its neighbors, who generally imported far more from Germany than they exported to it - as well as by running consistently higher inflation. Now Germany demands they do as it did, all while increasing its trade imbalances, artificially restraining inflation and wages, destroying the industrial capacity of its neighbors through austerity, and lashing their future generations to impossible debt, ridiculous primary account surpluses, and permanently reduced productivity due to unemployment.
Thus, the point isn't to leave the European Union or even the Eurozone, but to rescue both from the German hegemony."
Years ago Germans tried to take the world over with brute force now it seems they're trying to do it with economical ways. Heard an interesting opinion that the immigration wave and an invite from Merkel was 100% on purpose because German population is predicted to drop by 2 millions by 2020.