Many austerocrats ask, what are the alternatives to austerity? Certainly the entire Irish government is in this camp, as are the Governments of much of the EU. They seek council from Wolfgang Schauble and Olli Renn. The mantras of shame and moral decline are rattled out, and the twenty million young people who are thrown aside are ignored. The baby is going out with the bathwater.
Well I have some suggestions that won’t sit well with our masters, but here they are
This has been well described by George Soros.
If the Germans are so worried about this, give a lot of it to the Germans, as long as they spend it on holidays in the recessionary countries.
Spend the rest of money you print however you like, provided that you are creating proper jobs. We need to save the young.
Allow modest inflation
Inflation of say 3% would ease the debt burden over time, and encourage people to invest their money.
We are not just talking about the economy here we are talking about the Union itself. If we cannot have a unified approach to these problems then we should seriously consider an early dissolution, before things get worse.