Monday, December 5, 2011

Taking the Euro-zone crisis to another level - national insults!

Headlines out of Germany are getting nasty.  Have a look at this CNBC article by Senior Editor John Carney.  There's some pretty inflammatory overtones.  Wonder if leaders in some Euro-zone countries will take offense to Germany's "holier than thou" attitude?  Coming from a country that pretty much set the world's record for 'unholy' achievements, you could see where comments like those that the article speaks of could lead to some very nasty retorts.  If this escalates it could potentially unwind the momentum that appears to be going in the direction that Germany wants.  I hope they put a lid on this before that happens!