European politicians, bureaucrats, bankers and assorted other lose more and more credibility each day as we are inundated each day with more lies and deliberate misdirection regarding the course of financial events within the European Union.
The key to solving the debt crisis is Germany. The Greek debt crisis is worse today than it was two years ago. 65% of Germans want out of the euro zone and the euro and want to return to the Deutschemark, but for more than two years their political representatives have denied them that. Finally breaks in the political armor are beginning to appear. All efforts to fix the Greek problem have been futile. If the Federal Reserve hadn't stepped into the breach a couple of weeks ago who could guess where things would be now. Read more.....
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