Welcome to DU!
The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards.
Join the community:
Create a free account
Support DU (and get rid of ads!):
Become a Star Member
Latest Breaking News
General Discussion
The DU Lounge
All Forums
Issue Forums
Culture Forums
Alliance Forums
Region Forums
Support Forums
Help & Search
Economy
Related: About this forumGerman Official Warns of Immediate 'Revolution' if EU Adopts US Model
http://www.commondreams.org/headline/2013/05/29-6Europe must not drop its welfare model in favor of US standards or it will spark a revolution "not tomorrow but the same day," Germany's Finance Minister warned on Tuesday.
Speaking at a conference in Paris, Wolfgang Schäuble was joined by other German, French and Italian ministers in issuing warning calls over the soaring unemployment plaguing nearly six million European youths, and that threatens an "entire generation of people" and risks losing "the battle for Europe's unity."
Warning of "catastrophe," Schäuble said, "We need to be more successful in our fight against youth unemployment; otherwise, we will lose the battle for Europe's unity."
Reuters reports:
While Germany insists on the importance of budget consolidation, Schaeuble spoke of the need to preserve Europe's welfare model.
If U.S. welfare standards were introduced in Europe, "we would have revolution, not tomorrow, but on the very same day," Schaeuble told a conference in Paris.
If U.S. welfare standards were introduced in Europe, "we would have revolution, not tomorrow, but on the very same day," Schaeuble told a conference in Paris.
"We have to rescue an entire generation of young people who are scared. We have the best-educated generation and we are putting them on hold. This is not acceptable," added Italian Labor Minister Enrico Giovannini.
InfoView thread info, including edit history
TrashPut this thread in your Trash Can (My DU » Trash Can)
BookmarkAdd this thread to your Bookmarks (My DU » Bookmarks)
5 replies, 1413 views
ShareGet links to this post and/or share on social media
AlertAlert this post for a rule violation
PowersThere are no powers you can use on this post
EditCannot edit other people's posts
ReplyReply to this post
EditCannot edit other people's posts
Rec (15)
ReplyReply to this post
5 replies
= new reply since forum marked as read
Highlight:
NoneDon't highlight anything
5 newestHighlight 5 most recent replies
German Official Warns of Immediate 'Revolution' if EU Adopts US Model (Original Post)
eridani
Jun 2013
OP
elleng
(130,865 posts)1. Makes sense,
and they've gotta get outta 'austerity' model.
golfguru
(4,987 posts)5. You mean take on more debt?
How does anyone get away from austerity when there is no money in the bank?
Spending more by borrowing is similar to asking an obese person to keep eating
more. It will make him happy but will cause more problems later. Going on a diet
will hurt in the short run, but help in the long run.
dixiegrrrrl
(60,010 posts)2. He is totally correct
and no doubt keeping close eye on all the unrelenting protests going on in Europe.
ReRe
(10,597 posts)3. And unlike the lemmings in the US....
... the German people WILL RISE to the occasion. Thanks for this news, eridani
blkmusclmachine
(16,149 posts)4. Austerity Now! Austerity Forever!
Say the Too Big To Fail's/Too Big To Jail's.