Germany refuses to accept that its beggar-thy-neighbor economic policies – reflected in its massive current-account surpluses – are both a cause of the eurozone crisis and a major impediment to resolving it. Instead, it bullies others to get its way, wrongly identifying its narrow interests as a creditor with those of the system as a whole.
德国拒绝承认其以邻为壑的经济政策——反映在其巨大的经常项目盈余中——既是欧元区危机的原因，也是阻止解决欧元区危机的主要因素。相反，德国威胁其他国家为其马首是瞻，错误地将它作为债权人的狭隘利益当作作为一个整体的系统的利益。