The news is that Merkel is being pushed to accept the idea of eurobonds or at least to accept the idea of the ECB buying bonds of Portugal, Spain, Italy, and Greece. Although she keeps insisting that they must first have treaty changes to be able to take member countries in front of the European Court of Human Rights if they violate the rules, many think that’s just political talk.

But the English have their own unique take on events. Journalists at the Telegraph predict Eurogeddon, or the implosion of the euro currency. Perhaps this is all wishful thinking on the part of the English who want to keep Germany down. They’ve been losing out to them for more than a century now despite defeating that country in two world wars.