Today, the Eurozone's mantra is that the deflation of wages increases the productivity and competitiveness. But since all countries are addressed on the same pattern, the only result is the recession for all.
Draghi e Merkel concordano su un punto: Spagna e Italia devono prima chiedere esplicitamente soccorso ai Fondi di salvataggio europei.e sottoporsi a un nuovo programma di auaterità e "riforme", rendendo sempre più esplicita la condizione di semi-colonie.
Will Europe‟s social model survive the current Eurozone crisis? Antonio Lettieri argues that the politics of the new “Frankfurt-Brussels consensus” are based on austerity and “structural reforms”. Reductions in social spending that are going hand in hand with the increased privatization of pension, health and education systems point towards an „Americanized‟ social model for Europe in the future.