Germany is crushing Europe

(Der Spiegel) - "If this strong movement towards discipline and stability is not recognized as taking place, and a certain approach to financial aspects does not gradually evolve, then there will be a powerful backlash in the countries which are being submitted to a huge effort of discipline," Monti told the paper.

The politicians are beginning to be scared by their own actions. They understand they made major mistakes and people are likely to revolt.

It is so tragic to see what is happening to Europe. In the name of what? When will the Europeans realize that the socialist dreams of a group of bureaucrats is destroying their future?

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George Dagnino, PhD
Editor, The Peter Dag Portfolio. Since 1977
2009 Market Timer of the Year by Timer Digest

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