Heiner Flassbeck je lani oktobra ob menjavi nemške vlade objavil izjemno dober komentar Thank god, it’s over. Eight years of Wolfgang Schäuble, v katerem je prikazal škodljivost 8-letnega mandata Wolfganga Schäubleja kot nemškega in de facto EU finančnega ministra. Mandata v času najhujše gospodarske krize v Evropi, v katerem je Schäuble naredil vse, da bi povzdignil Nemčijo in zatrl preostali del EU z absolutno neprimernimi, napačnimi in škodljivimi politikami za skupnost držav, ki so v skupni monetarni uniji. Lahko da mu bodo v rodni Nemčiji peli hvalnice, toda iz zgodovinskega vidika evropske integracije bo šel v zgodovino kot mož, ki je postavil temelje za propad evra.
Wolfgang Schäuble is no longer Finance Minister of Germany – and de facto of Europe. Following eight years of misguided and destructive policy Europe is trying to extricate itself from Schäuble’s failed legacy. The very existence of the EU is threatened, as the people of European nations increasingly rebel against its neo-liberal policy and Schäuble’s ideologically driven austerity. Youth unemployment and under-employment are at untenable levels. Corruption has become endemic, not only in the EU, but in most EU countries. The United Kingdom is leaving the EU. Shall we need why and who is next?
The most common claim in the German press about Wolfgang Schäuble’s eight years as Germany’s finance minister appeared again in the business daily Handelsblatt on Monday morning: “He saved the euro states and consolidated the budget”. That is to say: he was a German Hercules who saved entire nations and worked wonders in the financial-political sphere that have never been seen before.
That verdict can hardly be more wrong. It would be much closer to the truth to describe his achievement as follows: he drove euro nations to the brink of collapse and allowed the German state to record an enormous current account surplus at exactly the wrong time. Wolfgang Schäuble’s record in Europe should be mentioned in the same breath as his record in Germany, because the two cannot be separated.

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