"A republic, if you can keep it." Vegas, taxes.
"A republic, if you can keep it." Vegas, taxes.
Going to renewable energy and shutting down all their nuclear power plants means Germany will have to redo their grid. It will cost many 25 billion they don’t really have now, especially since there’s a euro crisis happening too. I’m…
It may be a holiday weekend in the US but in Europe, the Eurozone is disintegrating. We are watching history unfold as we barbecue burgers here. Greek Euro exit may exceed 1 trillion euros and would be “unmanageable” The European Central Bank’s…
Chancellor Angela Merkel’s Christian Democrats will lose control of Germany’s most prosperous state to the centre-left opposition in a major upset to her centre-right government, according to TV exit polls. In Baden-Wuerttemberg state, the Greens and Social Democrats (SPD) looked…
You just can’t make this stuff up… Germany has been loathe to bailout Greece. The conflict between the two nations is escalating. To wit: A German magazine, Focus, says Greeks are the “cheats of the eurozone” and portrayed Venus de…
Hypo Real Estate, the second largest real estate lender in Germany, is circling the drain after an emergency rescue failed. They are about the size of Lehman. The financial system cannot take another body blow of this magnitude. The authorities…