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Now It's Official -- Merkel Has Gone Mad

Merkel says Euro is in danger...oh dear. This FT Alphaville piece, consisting almost entirely of Reuter's flashes but sprinkled with fantastic, minimalist decoration, needs no additions.

It's mind boggling. My mind is boggled. How can they fumble it so bad with such perfect timing and say everything exactly wrong? Is there something about the Anglo coolheadedness vs the German deeply buried emotional wreck like Vulcans?

With this, we conclude that EUR must die, because the only alternative, a political union on top of a monetary union gone mad, would be unconscionable.

I just hope we don't point back at this in 2030 as the seed for the Third European War.

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