I think it'd be more likely that the people in charge of Germany's economic policies would just ride the storm. The hub bub about a boycott would probably die down relatively quickly, then it'd be back to business as usual.As fas as I'm concerned, weakening Germany's exports would be a good thing for most Germans. It'd force the adoption of policies which strengthen internal demand (aka getting money into actual people's hands).
Oh, absolutely. I wasn't really talking about the effects of a boycott. That won't even show up in the grand bottom-line. People are happily going to boycott German products, except those which matter. Cars, industrial machinery and components, tanks, submarines and so on. You just don't let silly anger about policy issues influence decisions about investments which matter. But if the "weak" countries got out of the monetary union, German policy makers might be forced to calculate policy decisions with a Euro (or Deutsche Mark) which actually reflects the country's economic strength in mind. Then again, I doubt Germany would be actually viable as a economic powerhouse without the dirty monetary tricks. We aren't exactly swimming in resources and based on the shockingly high approval rates Merkel and Schäuble are enjoying, I'm not so sure about the general intelligence of the population, either. P.s: Make no mistake, though. Left leaning Germans and critical thinkers all over the country are just as pissed at our glorious leaders as everyone else. Pissed, and quite unable to do much about it.
I think with a concerted, organized effort at boycotting, this wouldn't be the case. But I'm not quite sure a hashtag trend is enough to really start a movement...I'm very skeptical. Unless someone mounts a proper campaign of boycotting against German big business, there's no way this would even remotely be successful.