Former ECB Chief Economist Says ECB Is In Panic. If anyone thought the bad blood between Germany and the rest of the insolvent proletariat, aka the part of the Eurozone which is out of money (most of it), and which has been now confirmed will be supporting Obama (one wonders what the quid for that particular quo is, although we are certain we will find out as soon as December), complete collapse of... 

Thilo Sarrazin warned 'less educated' immigrants are making Germany 'dumber' A controversial board member of Bundesbank has come under fire for claiming immigrants are making Germany ‘dumber in a simple way’. Thilo Sarrazin told a business group in Frankfurt that people arriving in the country from Turkey, the Middle East and Africa are less educated than those from other nations. The... 

The bailout of Greece will only act as a 'sticking plaster' for the Euro crisis, the bank warned yesterday The European single currency is facing an ‘inevitable break-up’ a leading French bank claimed yesterday. Strategists at Paris-based Société Générale said that any bailout of the stricken Greek economy would only provide ‘sticking plasters’ to cover the deep-...