Are the Germans about to leave the Euro?

The rumour-engine is running on all cylinders. I pitched a few thoughts to Robert which he laid out here, and here. Basically, Philippa Malmgren (who RW thinks is a real insider) blogged the opinion that the Germans were about to bail on the Euro. This did not show up in any of the regular international news-outlets. I've tried to find any reference to it on Reuters, Bloomberg and so on. Zip. Nothing. I found it because a Swedish business paper put it out in their online version.

And then there are the "currency talks" coming which includes the finance ministers of Germany and France, and leaders of the IMF, World Bank and OECD organizations. They are to take place on Thursday, the 6th of October. If one wanted to re-introduce the German Mark, the ideal time to do it would be an announcement on Friday, after the markets close. That gives you a weekend to do the logistics. Let's not think about what happens when markets open on Monday.

So, while I was pondering this, I came up with two more interesting things to take into account.

1. Axel Weber did not run for ECB chairman
2. Jürgen Stark announced that he is leaving the board of the European Central Bank

If there was to be a move back towards the German Mark, then it would have to be lead by the Bundesbank. I find all this very interesting, to say the least. And there are more things a-buzz on the web. Karl Denninger reports of persistent rumours that the Germans have been preparing to print new Marks.

I remember last year, when Merkel was very much against the bailout of Greece. And then, there was a delegation from the IMF that went to Berlin in late April, and all of a sudden Merkel announced the bailout fund. It makes you sort of wonder, was this an IMF economic "hit job"? Did someone find a way to apply pressure on Merkel to agree to bailing out Greece? If Lew Rockwell is correct, and she was handpicked by the globalists, then they probably made sure to have all the leverage they need. Probably a lot of stuff you can dig up on an old communist youth-leader.

If there is nuclear news out of Germany, the weekend after this is the one to watch.