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President Obama: Please Call Angela Merkel ASAP

By Jeff Harding of The Daily Capitalist Angela Merkel's Christian Democratic Union (CDU), a center-right party, with its political ally, the Free Democratic Party (FDP) won the Bundestag (lower house)...

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Game Over? Senior IMF Official - "I Expect A Hard Greek Default This Year"

While the US was panicking over a double zero jobs report, things in Europe just fell off a cliff. As both the WSJ and Reuters report, it seems that the second Greek bailout, following repeated and...

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Bailout Rebellion In Germany

"We're on the way to a worldwide financial dictatorship governed by bankers," said Peter Gauweiler, German Bundestags Representative (CSU), in an interview published Monday in the Welt Online. "We...

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Live Blogging The Second Greek Bailout At The German Bundestag

That the German vote to pass the second Greek bailout package would be problematic is an understatement. Even as German parliamentarians are expected to pass the latest (but certainly not last as the...

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CDU's Michael Fuchs "Greece Cannot Be Saved, That Is Simple Mathematics"

Since it has now become the norm to spread myth, fairy tales and magic during the week, only to collapse the wave function of an insolvent "developed world" with a double dose of reality during the...

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