On y lit sous la plume d’un analyste UBS qui a participé à un conférence de banksters une attaque en règle contre le modèle teuton : plus de pauvres, moins de revenus. Et il explique aussi que l’Allemagne devra sous la pression des événements revenir sur son fantasme de l’inflation des années 1920:

Some argue that Germany will, sooner or later, capitulate on this issue too, sincethe only real alternative to the ECB adopting a full lender of last resort role isthe slimming down of the EZ in what would be dangerous, unpredictable andalmost certainly acrimonious circumstances. If the crisis escalates alarmingly,the ECB does look a little more likely to be given the light to widen its remit,even if under conditions. But then what?
(…)
Germany is not unique,but over the last 10 years, it has contrived to have one of the lowest shares of personal consumption to GDP ratio in the EZ, and has seen a 10% fall in thenumber of households deemed middle class, as defined by median householdincome, largely based on a comparable fall in full time employment.

http://krugman.blogs.nytimes.com/2011/11/26/mysterious-europe/