David has been watching Europe and particularly her economy - which without German productivity, implodes.
Well, German productivity is declining under the weight of carrying the rest of Europe. What is Merkel's game? Is she merely an amateur trying to save the Euro? Is she a clever politician making a move to bring most if Europe under her fist with bonds instead of bombs?
I suspect the latter, but I also suspect she will fail at the attempt, because of simple arithmetic. Socialism must implode at some point.
When Europe implodes, there will be major fallout here, and it will probably be made exponentially worse by foolish or deliberately destructive measures by our politicians.
Here's David's piece at NC Renegade.
Kerodin
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