Wednesday, November 9, 2011

Merkel Calls for 'New Europe'

What the hell is German Chancellor Angela Merkel up to?

Merkel said Europe's plight was now so "unpleasant'' that deep structural reforms were needed quickly, warning the rest of the world would not wait.

"That will mean more Europe, not less Europe,'' she told a conference in Berlin. Whatever that means.

"It is time for a breakthrough to a new Europe,'' Merkel said. "A community that says, regardless of what happens in the rest of the world, that it can never again change its ground rules, that community simply can't survive.''

It sounds like Merkel wants to throw Italy and Greece out of the Eurozone because they can't function with tight fiscal constraints. The question may welll become will Germany return to the Dmark with its close friends, or keep the euro, and push Italy and Greece to return to their old currencies.

Pippa Malmgren may have been right all along about Germany already printing up Dmarks.


10 comments:

  1. I think it sounds more like she wants to institute puppet governments in Italy and Greece to dictate financial matters.

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  2. It sounds like Gary North's latest article on lrc is spot on.

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  3. Berlusconi's resignation means the Italian gov't cannot implement reforms until January at the earliest. The Italian economy won't last that long.

    The endgame for the euro has begun in earnest.

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  4. I think by "more europe" she means just that.

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  5. more europe = fiscal union and central government that would allow massive wealth transfers to the south of europe

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  6. The "we can't wait" meme has been one the O administration team has been repeating a lot lately too. Sounds like planned PR schtick!

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  7. The return of the D-mark isn't going to be received well in Paris.

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  8. Today Germany, tomorrow the world!

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  9. "Dan@November 9, 3:45 PM"

    Dan, you are spot on. All the hidden innuendos match with Gary North's article. The treaty is the goal!

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  10. The political terrorist Merkel wants to steal even more from the tax cattle...That's what she means by "New/More Europe"...More taxes from the Borg Collective....Their current %70 total tax rate is just not enough.

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