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WARNING: Germany May be Ready to Surrender in Fight to Save Greece


Germany may be getting ready to give up on Greece.

“After almost two years of fighting to contain the region’s debt crisis and providing the biggest share of three European bailouts, Chancellor Angela Merkel is laying the ground for what markets say is almost a sure thing: a Greek default.

“It feels like Germany is preparing itself for a debt default,” Jacques Cailloux, chief European economist at Royal Bank of Scotland Group Plc in London, said in an interview. “Fatigue is setting in. Germany could be a first mover or other countries could be preparing too.” ”

 

  • Other headlines:

Europe May Need to Bail Out, Nationalize Some Banks, Westpac’s Jones Says

IMF’s Lagarde: report of $273.2 billion bank hole misleading

 

………Looks like those Greek bailouts weren’t “good enough“. Do I smell Euros burning in there? Where are the smores?

Saxplayer00o1

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