Self-righteous Germany must accept a euro-debt union or leave EMU

Soit l'Allemagne paie les dettes de l'UE, soit elle sort de l'euro. C'est pas nouveau, mais c'est dans le Telegraph.

Self-righteous Germany must accept a euro-debt union or leave EMU
If Germany and its hard-money allies genuinely wish to save the euro – which is open to doubt – they should stop posturing, face up to the grim imperative of a Transferunion, and desist immediately from imposing their ruinous and reactionary policies of debt deflation on southern Europe and Ireland. [...]