Curving the Arc of European Politics and Yanis Varoufakis by Barbara Cerda #politics #Varoufakis, #EU

Something awesome happened during the period of the Greek economic crisis. Through the angst of monetary collapse, the nascent politics of FM Yanis Varoufakis’ came to be. It was a quiet emergence from a womb of bitter contention. Everyone understood that the Greeks were getting a raw deal. It was a matter of signing on the dotted line for that balloon payment that came due far to quickly. Fairness be damned, what creditors agree to renegotiate in the favor  debtors?

An unnoticed uprising found its voice in the oft time boisterous but very handsome Yanis Varoufakis. Compelling because he’s smart and a rebel.

Compelling because he’s the elegant eloquent professor of a new Greece… the conscripted soldier of an economic over throw. His army is growing in the face of another upstart or …. a reawakened conservative movement. They are an opposing force, bound to collide.  I think the outcomes will shape global economic futures. The BRICS will have to rethink trading agreements. FANG will become toothless in its formation of trading partners. And why you say? The monetary influencers, regulators, will focus on the biggest economic engine gaining steam, a politically mature and stable EU.

Led by Angela Merkel, the EU is growing in governmental and economic power. Even immersed in partisanship, the Germany collective mind is centric and owns sovereign pride. And it’s the leader of a block of countries that are economically united. Pinching one… the group yells ouch.

There’s a growing need within the populace of Europe to resist embracing the idiocies of the singularity in religions and the politics of “the other”. Neither mindset serves the greater purpose to increase power by way of sound economics and GDP growth.

This type mindset is heresy and is slowly eating at the economic marrow of the current global influencer, the United States. While Americans have allowed the corrosive politics to consume its confidence and economy, Europe is coming into its own. Professor Varoufakis gets this. And has preached this for over a decade. Now the young and liberal are excruciatingly slowly growing into a new European state.

The oligarchs of corrupted wealth are gazing nervously in their rearview mirrors.

Whether intentional, intuitive, or just the product of a financial upheaval, Varoufakis has become the leading nemesis of passé’ oligarchs. The Greek socio-economists has become the emerging leader in a world facing melting borders and monetary shifts.

Coupled with America and the UK’s tumble down the rabbit hole of sectarianism, the EU culture gains control. It’s becoming the stronger influencer of financial exchanges and sovereign border agreements.

DIEM24 is his love child.

Genuine politics is a powerful art. The owner of that talent wields global outcomes. In my opinion, a reconfiguration of global wealth can be anticipated… it’s a given. And history will note that SYRIZA versus Varoufakis was its impetus.

 

 

ANGELA MERKEL AND BARACK OBAMA’S GOVERNANCE SHAPED BY CULTURAL SIMILARITIES by Barbara Ann Cerda

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It’s as if by magic that we expect the world economy to suddenly correct itself; even more to expect our populaces to elect leaders with miraculous qualities of leadership. We listen to the content in talking points to assuage our hungers for balance and plenty. We often forget that leaders are people and people bring to offices of governance a lifetime of personal experiences. Cultural histories dictate moments when change is marked by populace uprisings. That has not changed. Some call them collective moments of awakenings. It is most commonly economic hardships that initiate and promote sociopolitical change.

Two global leaders have emerged from populaces whose cultural ideologies are shifting like sand ergs.

Their faces don’t resemble those that came before them. Out of the morass and cacophony of social revolution, two geopolitical leaders have emerged. Both claim citizenship in countries that at one time held polar opposite ideologies and racial composition. Their names are President Barack Obama and German Chancellor Angela Merkel.

As I wrote in a previous article about German Chancellor Angela Merkel, she was born and educated in a radically divisive society. She first came to public office the same year of the German Reunification in 1990. She witnessed Germany’s horrendous post war scars that were brought on by an economic twilight. Every fiber of Angela Merkel’s being embraces the concepts of frugality and moral hazard. She did not have an unencumbered path to power. She created successful ways while collecting political wisdom with each step. Social and economic divisions forged the steel of her individualistic persona and the style in which she now faces economic and political crises. With the election of President Elect Donald Trump, she is the solitary leader of the last bastion of Liberal Democracy.

Although a conservative Angela Merkel and Barack Obama’s approach to governance is shaped by cultural similarities.

President Barack Obama’s political beginnings were fomented in the perfect political petri dish of the Chicago Democratic machine. Known for its rough sophistication and political dynasties that were known as king makers, he became the occidental conservative Democrat. The political machine mentored him, taught him, supported, and carved out a political niche. A child of a broken home that reconstituted itself around a loving mother and grandparents, his education in how to survive and achieve as an outsider is part of his DNA.

A drive to become a populace leader became central to his self-perception.

Anyone who has entered the apartments or sat in the playgrounds of the slums of Chicago Housing Authority (fondly called the CHA), understands the true meaning of how difficult the role of a community leader. In a racially divisive urban environment, the Community Organizer and future president Barack Obama sat listening to problems and challenges facing families living in high-rises with broken elevators. Unclean odors drifted from garbage-filled corridors. Cheaply dressed well-scrubbed children played in yards barren of grass, but decorated with spent bullet shells and broken glass bottles. He listened to the challenges of living in one apartment or townhome sometimes housing three generations of welfare poor. The Community Organizer Obama labored within political systems to make life easier for families trapped within the hard unforgiving political web of Chicago. Frustration drove him to attend Harvard Law. He graduated with honors and returned to Chicago’s Southside to resume his advocacy for the poor.

In a speech published in the Chicago Hyde Park Herald on October 30, 2002, six years before leading his country through a global financial calamity. The newly elected Illinois Senator Barrack Obama said the following,

“What I am opposed to is the attempt by political hacks like Karl Roves to distract us from a rise in the uninsured, a rise in the poverty rate, a drop in the median income”. He went on to say, “Those are the battlefields we need to fight. Those are the battlefields we need to join. The battles against ignorance and intolerance. Corruption and greed. Poverty and despair.”

President Obama understood then the changing socioeconomic paradigms of our world. He and Chancellor Merkel understood what their predecessors lacked in understanding, the expansion, and responsibilities of their geopolitical roles.

Both face sovereign debt crisis never before experienced. For Merkel it is the Greek tragedy and the survival of the Euro. Her counterpart President Obama has made it clear that as leader of one Europe’s strongest economies, the onus is on her to lead in the difficult path to the achievement of Eurozone solvency. There was no doubt in his voice when President Obama stated that she would overcome the objections of many. She must sift through the constant barrage of mistrust from other leaders and from within her own borders.

To glean the truths needed for a sound and productive discussion. The German Weekly Sie Zeit writes that Obama’s open comment to Merkel was “…Don’t hide behind your history”, said the president. “Act in accordance with your importance”.

An affinity is apparent to any casual observer between Angela Merkel and Barack Obama. It’s hard to understand the world today without the dynamic duo. Without President Obama, the changes that loom ahead threaten geopolitical growth for future generations.

After a meeting in Washington on June 6, 2011, Angela Merkel and her finance minister immediately began putting into place plans to create new initiatives to resolve brewing Eurozone financial crisis. But even then, she lacked populace support. After 10 years leadership, Merkel reluctantly understands that her continuing role is central to Europe’s recovery. With a political realignment of leadership occurring among many emerging markets, the stability of Europe and the United States is important.

The summation of European articles written about President Obama’s relationships with other global leaders surmises that his methods were far different from his predecessor George W. Bush. Never surrounding himself with hangers on or favorites, he preferred to conduct the business of his country with leaders that were of benefit. As a realist, he understands that on the world stage there is more to be considered than viewing other leaders as friends or enemies. President Obama was aware of the fiscal and economic woes at home; he looked for foreign leadership that could help in alleviating the heavy lift of governance.

New leaders of the world – like Angela Merkel must become the problem solvers of today.

The German center left news periodical Suddeutsche Zeitung writes “One shouldn’t count the firecrackers in front of the White House, but rather the number of political projects that could bring together the common interests of America, a superpower, and Germany, the engine of Europe’s economy.”

The resemblances between President Obama and Chancellor Merkel are the struggles of an underdog – both coming of age within a suppressed segment of their societies. Both have extreme love and loyalties to their countries. Both found assimilation as sovereign leaders through education and mainstream mentoring, bravery and extreme intelligence. They are building their alliances upon a base of need for global balance and an acknowledgement of change. Both have statesmen attitudes that serve them well in the international arenas.

When you sit across the table during a G20 summit, the participants wants to know that you’re not communicating in platitudes.

German and French Warriors Fight for the Survival of the Euro zone

 

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There exist today countries joined by fear of the future. Yet they are hopeful that past transgressions and poor decisions will not destroy the struggles of generations.

At the threshold of forever change, stand two female warriors. They stand with no outward show of defensive armor to identify their battle readiness. They occupy an instant in time where their decisions must shape and alter fiscal and monetary policies for generations. French economist Christine Lagarde and German leader Angela Merkel are influencing the decisions that will change the course of global governments and financial policies. Both have step into the center of a crucial apex in history

Madame Christine Lagarde

It was July of 1807, and there was a French German war. Then notions of global female leadership were impossible. There was no International Monetary Fund to set and institute monetary policies or sovereign bailout programs, no regulators to negotiate lasting peace. Over 137 years would past before the IMF came into being in July 1944. Its 187 members welcomed the first female Managing Director in July 2010. Her name is Christine Lagarde. She joined with the German Leader Angela Merkel to right the economic failures of Europe.

Acting in accordance to its tenets, to “foster global monetary cooperation, secure financial stability, facilitate international trade, promote high employment and sustainable growth, and reduce poverty”, it fell to the willowy silver haired beauty to arbitrate balance among the affected nations.

A proponent of Adam Smith’s reasoning on what dictates a balanced economy, Christine Lagarde’s brand of economic leadership is uniquely suited. She enters the global arena where the success of a balanced economy hinges on the outcomes of repairing or perhaps recreating a weak fiscal and liquidity poor southern Europe. Her skills as arbitrator come as a result of being a practicing lawyer and chief economist within Nicholas Sarkozy’s French government. This exemplifies Madam Lagarde’s uniqueness in her role as Managing Director for the IMF (International Monetary Fund).

Demonstrating her newly forged metal when confronted with the Greek crisis and a spiraling Euro zone economy, Lagarde utilizes her power in the IMF to alter normal monetary policy.

With the heart of a warrior, she created the first truly aggressive monetary bailout plan under the IMF. Though igniting a Washington firestorm of opposition, she recognizes the importance of the immediate infusion of cash into the euro market. This uncompromising action was important to offering a temporary salve to a “liquidity trapped” Euro zone.

The Euro zone

The Euro zone crises have created a scenario whereby the monetary fighter must battle side by side with the fiscal warrior. This environment fermented a warm and respectful friendship. The federalist genius Angela Merkel entered the global arena armed with the German populace dictate of maintaining a moral hazard posture.

Chancellor of Germany Angela Merkel

Angela Merkel’s beginnings encompass the fiscal politics of both East and West Germany. Many of her governing concepts originated from her early childhood in a politically split post-World War II Germany. In November 2005, Angela Merkel became the first female Chancellor of Germany. She came to power during a time of reformation and upheaval. Merkel’s successful achievements arose as an agent of change within her country’s social security and labor reconstructs. Until the awakening of the Greek crises and the faltering Euro, Germany was experiencing a gradual yet anemic raise in its GDP. Fueled in part by fiscal decisions made under her leadership, Germany stubbornly remains the Euro zone’s strongest member.

Chancellor Merkel honed her leadership skills under the tutor ledge of former German Chancellor and political conservative Helmut Kohl.

As his protégé, she embraces much of the concepts that drove Helmut Kohl’s regime in rebuilding the country. Helmut Kohl was a German reunification giant and much of what Angela Merkel brings to the Eurozone table comprises those governmental ideologies of fiscal planning.

As President of the European Council and Chairwoman for the G8, she demonstrated a brave heart when choosing to lead the conservative male dominated CDU or The Christian Democratic Union of Germany. As a supreme negotiator, Merkel’s political expertise brings its own brand of qualifications to the battle of saving Europe.

The daughter of a Protestant minister, she and Christine Lagarde’s history is divergent. Yet both women believe that continued and growing commerce relationships with the United States is an important component to economic recovery. Both are completely committed to maintaining a unified Europe. Chancellor Merkel’s politics are to the center right of the Managing Director of the IMF Christine Lagarde.

Do you know what takes real courage?

Sometimes our female champions or superheroes do not wear breastplates, capes and tights. No testosterone-filled words of brinkmanship will pass their lips to linger in the air between them. These two women must lead a multinational coalition in achieving the answers necessary to attaining lasting global economic wellbeing.

Going forward and addressing the issues of needful gender parity. The world has entered a time when equity has become necessary to economic survival for every nation.

“Angela Merkel ~ “Nobody in Europe will be abandoned. Nobody in Europe will be excluded. Europe only succeeds if we work together.” – Angela Merkel (1954)