CRISIS It's decision time for Germany's Angela Merkel. Italy's new prime minister took control today, and Greece approved its new coalition, but at the same time markets are beginning to punish the Netherlands, and a downgrade of France's debt looks inevitable. With the crisis spreading to core countries, Merkel must decide whether to allow the European Central Bank to print money, or to let the euro zone disintegrate, writes Andrew Sullivan. "The longer the wait, the higher the cost," he writes, comparing the looming threat to a black hole and the point at which escape becomes impossible. "I can see why Merkel doesn't want to choose. But if she doesn't soon, the markets will choose for her." |
A collection of facts and information supporting my opinion that grassroots power is the only way to deconstruct the stranglehold of big money, media, and Congress that is ruining our country's basic values.
Wednesday, November 16, 2011
Will the EURO Collapse?
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