Posted on 10/26/2011 8:16:07 PM PDT by Ernest_at_the_Beach
Brussels - Peace should not be taken for granted if the euro fails, German chancellor Merkel told MPs Wednesday (26 October) ahead of the eurozone summit where an increase of the bail-out fund firepower may lead to Germany's own state assets being taken as collateral.
In a dark blue jacket reflecting the mood in and about the eurozone, Merkel abandoned her usual cautious rhetoric warned outright of a war.
"Nobody should take for granted another 50 years of peace and prosperity in Europe. They are not for granted. That's why I say: If the euro fails, Europe fails," Merkel said, followed by a long applause from all political groups.
"We have a historical obligation: To protect by all means Europe's unification process begun by our forefathers after centuries of hatred and blood spill. None of us can foresee what the consequences would be if we were to fail."
(Excerpt) Read more at euobserver.com ...
Seems like modern man is about to implode.
well I certainly felt misled by the title — and thankfully so.
H/T to Drudge.
I think that is why we are still over there. To prevent them from killing each other.
The old ways die hard. Germany reverting to type?
I thought about adding something to the title but not enough room...
Agreed. Headline is sensational.
Wow, Valentina really Popped that headline on us!
Once all the Germans were warlike and mean,
But that couldn’t happen again.
We taught them a lesson in nineteen eighteen,
And they’ve hardly bothered us since then.
— Tom Lehrer
I don’t see any shame from the Greeks. They stole $billions from their betters and they consider themselves the victims. There’s no hope for these animals.
Ze drem vil finali kum tru.
Headline is just nuts. Almost expect Chamberlain to be mentioned in the next sentence. In fact, this is a BIG resolution of the Euro crisis. Expect the Dow to clear 12,000 tomorrow before noon.
what a mess.
Exactly.
Given NATO’s performance in the Libyan fiasco, any European conflict may take on the appearance of the Central American Soccer War of the mid 60s.
How stupid would anyone have to be to loan 10 cents to a Greek going forward?
Es scheint aus, dass es so eine Moeglichkeit gibt.
(It could happen.)
You see a resolution? I don’t see a resolution. I see the can kicked down the road. I don’t see anyone has learned anything from this debacle. It’s an admission that the premises behind the Euro are false.
I agree. The Greeks are addicted to spending.
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