What is the relationship of Germany to the rest of Europe? Sounds like history class. But it’s what the EU is all about. England understands this better than anybody else. They were anxious to start the EU after World War II and make Germany the head of it to keep that powerhouse of Europe busy and out of trouble.

But it’s ultimately up to the Germans themselves whether they want to take on the debts of their neighbors and help pay them either in the form of a bigger bailout fund or in the form of Euro Bonds.

Right now the Germans seem to be saying they want a bigger bailout fund. But the other shoe hasn’t dropped yet. They said yes to the bigger fund, but they want to renegotiate all the conditions.

So in this endless Greek debt crisis, Germany hasn’t finished defining itself yet