[Jimbuna]

Germany exports a lot more than it imports for Europe and iirc that amounts to approximately 40% so there is a surplus of money she can afford to reinvest to the less well of european countries.

What we are seeing now is Sarkozy turning as arrogant as Merkel has been acting lately.

If and when the EU goes belly up history may well find it repeating itself....a Germany wanting to remain dominant in the area even though it was the main architect in flogging a dead horse.

The future does not bode well for any of the 27 member states I fear.

What we have witnessed since yesterday was not a 'fix' but simply a 'glossing over' of the issue with no tangible measures having been taken or agreed even to put matters right.

I truly believe it is already too late for that.

It was interesting to learn on Sky News this evening that the Germans have just started printing new currency......Deutschmarks