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My Grand Recessional for Europe as It Dances Rings Around the Euro Crisis One More Time

European leaders pressed the case that a new fiscal accord will deliver the region from its two-year debt crisis, as Germany’s top central banker cooled speculation the European Central Bank will extend its role. (Bloomberg) Europe, again, does too little, too late. The markets may dance a little to the news, but whatever lift the […]

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Is a European Superstate under German Dominance the Hidden Goal of the Euro Plan?

The London-based Telegraph today reports a German memo that sets out major expansion plans for centralized EU powers in Brussels over individual European nations. “An intrusive European body with the power to take over the economies of struggling nations should be set up to tackle the eurozone crisis, according to a leaked German government document.”   […]

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