To Save the Euro we Must Destroy Germany

Mike Shedlock
Nov 18, 2011

Yesterday German Chancellor Angela Merkel came flat out and said, "To save the Euro we must Destroy Germany".

Well not exactly, but she may as well have because that is the implication. This is what she did say: Germany Is Ready to Cede Some Sovereignty to Save the Euro http://www.bloomberg.com/news/2011-11-1 ... -ties.html

Chancellor Angela Merkel said that Germany is ready to cede some sovereignty to strengthen the euro area and restore confidence in the common currency.

European Union treaty changes to strengthen EU institutions and patrol tighter budget rules are needed “to make the euro zone more crisis-proof,â€