ConWatch: Week 1,797

Does Germany have a constitution yet?

Hey — so remember that time Germany tried to destroy Europe? No, not Hitler. Not everything is Hitler. All the time with the Hitler. Geez, such a one-track mind.

Much more recently, when the Merkel-Schäuble axis led the austerity attack on southern Europe, with a slash-and-burn campaign of these countries’ public sectors in exchange for bailouts because the currency these countries signed up for turned out to pose a real Sophie’s Choice.

Germany, meanwhile, profited handsomely. First, with the introduction of the euro to begin with, which made its exports that much more competitive; next, by expanding the euro to countries like Greece, giving Germany an even more dominant economic position and allowing its banks to more easily lend to fellow members of the currency club, which they could then use to buy stuff from Germany; and finally, by raking in all those sweet, sweet interest payments on the bailout loans.

We’re not saying that the German-dominated euro is a Ponzi scheme, but we’re a…