It's not "austerity", it's GFC.[German Financial Control]

Criticism of German-mandated austerity in some of Europe's most-leaguered nations -- and in the center-left opposition in Germany itself -- has triggered a "1984"-style "newspeak" terminology change. German officials appear to turn testy when the word "austerity" is mentioned these days, and in recent months have deliberately adjusted their language to use the term "growth-friendly consolidation" to describe their policy approach. "I call it balancing the budget," German chancellor Merkel stated. "Everyone else is using this term 'austerity'. That makes it sound like something truly evil."

Like "Nazism"?

Soros warns Germany will join in Eurecession

Despite the fact that Germany expects a slightly positive growth in GDP this quarter, billionaire investor George Soros says they will be in recession by September, joining other Eurozone countries mired in financial woe. He blames their continued push for austerity across the Eurozone, in the face of declining exports to the rest of Europe, which account for 40% of Germany's international trade.