With no more gas from Russia and no booming exports to China, and with war on Europe’s doorstep, Germany’s CDU/CSU and FDP insist on the cry of austerity, this time taking Germany down with it, not just a few European countries. Coincidentally, these parties insist on nominating austerity obsessives as Markus Ferber (EPP coordinator in ECON) and other hawks like him to the European Parliament. They call themselves moderates, but instead they push extremism. God bless Europe!