Well, Obama and Merkel got one thing at common at current: they don't do too much. Merkel was just visiting Nigeria and Angola, Mr.Obama is obviously busy to welcome parts of China's tribal landscape, partly with new infrastructure, id est a railroad to Lhasa.
Whereas China is surely providing infrastructural measures, Merkel is exporting tanks and Marine ships to Saudi Arabia and Angola, respectively.
Now, the Dollar is slumping, the Euro as well. The Swiss Frank earned 30 % in net worth in comparison to both currencies in 18 months. Actually, these numbers are disastrous.
Neither Obama nor Merkel seem to care too much, they seem both be busy to protest infrastructural measures within China.
Now, the Juan experienced a similiar rally like the Swiss Frank. I guess it is not for their protests but for people who can work.
Fist up, comrades.
Whereas Merkel and Schaeuble are more or less busy to obstruct any potential rescue operation, Mr. Draghi and the other Italians are obviously busy to solve their 1.8 trillion Euro state debt problem by some inflation à la 1929. Both sides cannot compromise. In so far, Kohl's criticsm is a complete hit.
According to a long-time friend, who visited the ex-chancellor lately, Merkel's actions bear an enormous potential for danger , a preliminary report of the magazine out of Hamburg reads. "She destroys my Europe", a close confidant is cited by SPIEGEL.de of what Kohl said. Also, a range of other prominent conservative politicians warned Merkel regarding the euro-crisis to gamble the European friendly inheritance of the party. " Europe is a political project. It is too important to have it played with by rating agencies" said the Hessian Prime Minister and deputy CDU boss Volker Bouffier according to " Spiegel". Also, the head of the economical committee of the party misses a clear line in European politics. " The latter, that can be afforded by an export nation like ours, is to have an EU-sceptical population" said Kurt Lauk. The Federal Government "has 2 take the offensive." The euro-countries negotiate at present under high pressure about a new aid programme for Greece which is threatened by bankruptcy. In addition, a special summit of the euro countries takes place on coming Thursday. The participation of private creditors is highly disputed,which is being demanded by Germany's Federal Government,
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