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Voeg DDS toe op GoogleIf the population or the political leadership of one country (Germany) insists that money must be earned before it is spent, then the game is up and Tinker Bell dies. What has been happening for the past year and will continue to happen at the G20 summit in Mexico tomorrow, whichever way the Greek election goes, is the browbeating of Angela Merkel into playing lets pretend. We know now that she will not do it. She may make small concessions baby steps in the direction of debt-pooling or Eurobonds but the conditions and the guarantees will have to be there. Reality will always be asserted. And her country supports her in this with overwhelming approval ratings.
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