The link is a rambling mess. What exact are we supposed to learn from it? Germany was against monetary union in Europe, they saw it as giving away their abilit

The link is a rambling mess. What exact are we supposed to learn from it? Germany was against monetary union in Europe, they saw it as giving away their ability to be fiscally conservative. This is of course what happened with the ECB finally printing their way out of the Euro debt crisis. The fact that Germany retained their manufacturing capacity and still takes pride in it is the reason they are an export economy. The economics of the Euro are just working for them rather than against them. Other countries threw away their manufacturing capacity for a service sector, most notably Britain which centralised their economy in London.