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The Germans Are Coming!

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Germany's economic colonisation of Europe

The elaborate pretence that the European Union and its stricken currency will shortly be saved after some little local difficulties is now becoming ever more desperate.



The coup d’etat in Athens over the weekend, which saw the demise of the sitting government, is unlikely to be the last violation of democracy in the name of European unity.



No sooner was Greece whipped into submission — though for how long and how successfully we shall see — than Italy was placed firmly in the line of fire.



Been watching Bloomberg this evening.

Charlie Rose had one of his round-table discussions on the Euro, Greece, Italy, G-20 and so on.

The experts all agreed in the end.

They agreed they don't know how this will all finish, or when.

  • Author

Been watching Bloomberg this evening.

Charlie Rose had one of his round-table discussions on the Euro, Greece, Italy, G-20 and so on.

The experts all agreed in the end.

They agreed they don't know how this will all finish, or when.

No one seems to have a clue do they?

What's the UK stock market motto again..oh yeah...dictum meum pactum.......!

Been watching Bloomberg this evening.

Charlie Rose had one of his round-table discussions on the Euro, Greece, Italy, G-20 and so on.

The experts all agreed in the end.

They agreed they don't know how this will all finish, or when.

I agree they do not know when but I am 99% sure they all know it is toast.

Digging faster will not get them out of the insurmountable hole.

But they do it in hopes that the finish occurs when they are not in office.

It is counterproductive these 2-4 year terms

Having failed to obtain lebensraum in one way, the Germans are now obtaining it in another (much more acceptable) way. It's called efficiency, I think.

"Whether the Greeks will swallow the austerity policy about to be imposed on them by the Fourth Reich’s new Gauleiter there remains to be seen. Given the expressions of anger already seen in response to previous milder measures, one must suspect not."

Don't mention the war dear...

Been watching Bloomberg this evening.

Charlie Rose had one of his round-table discussions on the Euro, Greece, Italy, G-20 and so on.

The experts all agreed in the end.

They agreed they don't know how this will all finish, or when.

No one seems to have a clue do they?

What's the UK stock market motto again..oh yeah...dictum meum pactum.......!

dictum meum pactum hmm yes "my word is my bond". Let's hope it doesn't come in the form of some dodgy government bond. Even worse a slight greek smell to it.

Maybe TUI knows something we don't:

Back to Drachma?

Having failed to obtain lebensraum in one way, the Germans are now obtaining it in another (much more acceptable) way. It's called efficiency, I think.

he who pays the piper calls the tune! :ph34r:

Having failed to obtain lebensraum in one way, the Germans are now obtaining it in another (much more acceptable) way. It's called efficiency, I think.

he who pays the piper calls the tune! :ph34r:

Then let's all hope we're right and that the Chinese won't contribute to the bailout fund!

The German position?

_______________________________________________________

Italy at Breaking Point, Merkel Calls for 'New Europe'

Published: Wednesday, 9 Nov 2011 | 1:16 PM ET

By: Reuters

Italian borrowing costs reached breaking point on Wednesday after Prime Minister Silvio Berlusconi's insistence on elections instead of an interim government opened the way to prolonged instability and delays to economic reform.

Italian 10-year bond yields shot above the 7 percent level that is widely deemed unsustainable, reflecting investors' concerns that they may not get their money back and prompting German Chancellor Angela Merkel to issue a call to arms.

Merkel said Europe's plight was now so "unpleasant'' that deep structural reforms were needed quickly, warning the rest of the world would not wait.

Entire article here: http://www.cnbc.com/id/45225209

German Chancellor Angela Merkel and Sarkozy both effectively said that Greece might have to drop out if the euro zone's long-term stability was to be maintained

"effectively" said = the interpretation of a journàsslist poking in one of his orifices and evaluating the proceeds :ph34r:

Germans, please come quickly! Italy and Greece are fiddling politics while the Euro burns.

Poor Christine Lagarde (Joan of Arc to you), far from hearing voices, has now herself become a voice crying in the wilderness, "For Europe's sake, please get your act together!"

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