Tuesday, May 15, 2012

World shifts focus to Germany over Eurozone

Greece is still in political deadlock and it may even withdraw from the Eurozone. Meanwhile, another Big Thing to be followed is the national elections in Germany next year. Germany is certainly at the central of the world's attention on the Eurozone crisis and debate on economics. The contest between pro- and anti-austerity forces in Europe is about a clash of two Big Ideas that has nothing to do with 'any petty politics of personal differences and similarities between Merkel and Hollande. Hegelians 'believe that clashes of grand ideas move mankind forward in a world-historic and dialectical process, which also surges upwards.