Sunday, June 30, 2013

Update II

Der Spiegel further reports that the US taps a half billion German phone calls, emails and texts a month, considers Germany "a third class partner," spies on it at the level it spies on China, Saudi Arabia and Iraq. US also heavily taps France's communications. It's reported the German people are very angry about this owing to their memories of the Stasi secret police and the Nazis.

I wonder what affect if any this will have on the US-German economic relations. Since the economic crises began the US has been trying to get Chancellor Angela Merkel to relent in her insistence on the Eurozone adhering to austerity economics. Representing the Eurozone's biggest economy and its biggest banks, Merkel had singlehandedly been stifling European economic growth, which in turn adversely effects the US economy.


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