Wednesday, June 27, 2012

Germany and the Reorganization of Europe.

German appeals for European "reorganization" have gradually increased since its post-war economic rebirth, and the reunification of Germany. Germany has most assuredly emerged from its well deserved subservient role.

However, not without a great deal of assistance from not only the Marshall Plan, but the 750 corporations set up in neutral countries, primed as vehicles to receive the wealth of Germany in addition to patents and other proprietary industrial information by none other than Reichsleiter Martin Bormann . The "world's most important accumulation of money power under one control in history". The Bormann economic and political network survives and thrives today. Germany has even replaced the USA as the dominant player in the post-WWII global economy.

It was through the the Marshall Plan and the avoidance of reparations in the London Debt Agreement of 1952, that Germany rapidly became the leading economic power in Europe. Former plans for a European large-area economy without trade barriers under German leadership were pursued through the establishment of and participation in the European Economic Community (EEC), later the European Community (EC) and the European Union (EU). As early as the1950s the German economy already supplanted the American and West-European competition in the eastern and south-eastern European states. The Hallstein-Doctrine notwithstanding, Germany became the foremost trading power in eastern and south-eastern Europe after the Soviet Union. Credit agreements and an imbalance in the terms of trade were used to drive eastern and south-eastern European states into debt and long-term dependence.

Despite Germany's  history, pleas from Spain and Italy for urgent financial aid from the eurozone to bring down borrowing costs were dismissed by Angela Merkel

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