As long as they stay in the Euro, the deficits will continue to pile up.

Across economies, demand must rotate from deficit to surplus countries.

Trade deficit countries had to ship gold to trade surplus countries.

A short-term fall in revenues will still leave their salary unchanged.

A short-term fall in profits will still leave their salary unchanged.

Those countries which run excessive deficits will be sanctioned automatically.

(H) Achieving faster growth rates for countries belonging to the Group.

Let us look at the facts: seven deficits, two recessions, the shell game of a surplus.

Let us look at the facts: seven straight deficits, two recessions, the country in deficit.

In countries in deficit, prices are likely to fall.

Countries in external deficit receive private financing from abroad.

It is a tiny, poor country with no natural resources.

Why is the minister so determined to put the country back into a deficit?

That’s where the divisions were not simply between large and small countries, South and North, countries in surplus and countries in deficit.

So protecting economic stability requires that excess deficit and surplus countries work in a cooperative way.