The question whether or not to support the ESM is completely separate from the question where Germanys current success is coming from.
The 172 renowned economists are basically stating the obvious that covering for the spending sprees that our lending-power allowed the slow-economy EU countries will hurt the German economy.
To me the question if we should or shouldn't support the ESM is a moral one to which i don't have an answer. We benefited from the Euro the most and the very system that allowed our success is now asking who pays the bills. Tough question to answer.
The 172 renowned economists are basically stating the obvious that covering for the spending sprees that our lending-power allowed the slow-economy EU countries will hurt the German economy.
To me the question if we should or shouldn't support the ESM is a moral one to which i don't have an answer. We benefited from the Euro the most and the very system that allowed our success is now asking who pays the bills. Tough question to answer.