Thursday, July 09, 2015

Thomas Piketty: ‘Germany Has Never Repaid its Debts. It Has No Right to Lecture Greece’ | The Wire

Thomas Piketty: ‘Germany Has Never Repaid its Debts. It Has No Right to Lecture Greece’ | The Wire

Those who want to chase Greece out of the Eurozone today will end up on the trash heap of history. If the Chancellor wants to secure her place in the history books, just like [Helmut] Kohl did during reunification, then she must forge a solution to the Greek question, including a debt conference where we can start with a clean slate. But with renewed, much stronger fiscal discipline.

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