Lusitania Reuters reported on Monday, May 9, 2011 that the famous Cunard ocean liner was carrying stowaways in an article entitled, “Queen Mary II Luxury Liner Used In Alleged Smuggling Case” — reminding the reader that almost one hundred years… Continue Reading →
Adolf Hitler may have been a National Socialist Dictator, but even he did everything he could to get the Germany economy ticking again in the 1930’s. Without respect for the means of production, he wouldn’t have been able to produce… Continue Reading →
Jean-Claude Juncker Luxembourg’s Jean-Claude Juncker said on Thursday that the bailout program for Greece may be doomed. Thus Germany can count the days until June 29, when the next bailout money was to be released to Greece. These days may… Continue Reading →
Wolfgang Schauble, German Finance Minister The euro can’t make the progress against the dollar that it was making one month ago. It’s held down by the Greek debt and the threat of restructuring. And so are Germany’s ambitions for a… Continue Reading →
Angela Merkel, Chancellor of Germany Since Bismarck in the nineteenth century Germany has been engaged in all sorts of empire building, mostly failed experiments. But this time when they thought they had hit upon the winning formula, a loose currency… Continue Reading →
What looked like a Euro Zone debt problem could have devastating effects worldwide just as the cataclysm of World War I did almost one hundred years ago and World War II did one generation after that. The Greek debt crisis… Continue Reading →
Germany wants to extend its economic reach through the euro and compete directly with the United States, but Germany has run into the roadblock that it cannot control Greece’s internal politics. In the Monday, May 23 article in the Wall… Continue Reading →
Could this be the beginning of the meltdown of Germany’s great postwar experiment, the euro, as the universal European currency to give Germany economic muscle more heft? On Friday the euro sank to $1.4157 against the dollar, down from $1.4311… Continue Reading →
It looks more and more likely that The Spanish government will fall, causing a radically unstable situation for Germany and the EU. In an article in the Saturday, May 21 edition of the Wall Street Journal, “Spanish Prime Minister Calls… Continue Reading →
Franco Germany thought that Spain alone of all the “pigs” would be able to escape a bailout, but recent reports from the Catalonia region make it sound as if Spain might be more of a problem than Greece to Germany’s… Continue Reading →
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