Thursday, 6 October 2011

IT'S GONE VERY QUIET OVER THERE.

German politics is developing into considerable turmoil, as confusion reigns on the continent regarding the Euro situation. Merkel appears to have gone underground with French President Sarkozy; we can only imagine what kind of scheme they are cooking up, desperately trying to keep the currency afloat. We suspect that they will hatch a plan that will cost even more billions to enact, which naturally will fail in fairly quick time. All this activity is currently holding much of the world transfixed, in a state of inactivity; rather like a 'statue waltz'.

Meanwhile, on the domestic front, Germany is busy voting in socialists. In Berlin for example, the SDP formed a coalition with the Greens. This, however, failed when the Greens could not agree to a new highway to serve the main airport, so the SDP joined forces with conservatives to push the planning through. Such is political life.

As a backdrop to all this marking time, Brussels is increasing it's budget demands by a few billion euros, or whatever the currency will be.


TIME IS RUNNING OUT FOR THE EU.

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