Wednesday, December 1, 2010

Death of Euro to be blamed on the ECB

Calls for open monetization by the ECB to "save the euro" are now being heard. As you well know, this won't save the Euro, only make sure that it dies the inflationary death instead of the breakup.

When will Germany have enough? Will their constitutional courts judge that the entire bailout-scheme has no legal standing in Germany? Will the threat of civil unrest in Germany finally cause german politicians to give up? Who will end this financial oligarhy and the mayhem it is wrecking on Europe?

Here's Reuters.

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