Germany’s single-minded insistence on exports as the engine for growth reminds me of the Midas myth: Midas, having been granted by Dionysius the gift to turn everything he touched to gold, came to regret it when he faced starvation and the loss of his daughter as a consequence of the ineluctable application of his newfound power.
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THE ONLY WAY OUT FOR GREECE - Cutting the…
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Germany’s single-minded insistence on exports as the engine for growth reminds me of the Midas myth: Midas, having been granted by Dionysius the gift to turn everything he touched to gold, came to regret it when he faced starvation and the loss of his daughter as a consequence of the ineluctable application of his newfound power.