Loans and Finance

Loans and Finance


News and information about loans, money, debt, finance and business issues.
Powered by

Friday, November 18, 2011

The German Juggernaut

As the eye of the financial storm moves from Italy to Spain, it was fascinating to learn that the Irish budget was being circulated around the Bundestag for approval, before it was even seen by Irish members of parliament.

Coupled with the fact that both Greece and Italy are now, in effect, German financial protectorates (complete with German appointed Prime Ministers) and we have to wonder what form of "new" European political structure and governance model is being created.

Clearly David Cameron is concerned as well, because he is hot footing it to Berlin for talks with Chancellor Merkel.

Let us trust that something more tangible than a piece of paper will be forthcoming from that meeting!

1 comment:

  1. Ken, I presume you know about the Synarchist movement in the thirties? This seems to be the culmination of their policies.