US vs EU

Germany slams 'stupid' US plans to boost EU rescue fund

"I don't understand how anyone in the European Commission can have such a stupid idea. The result would be to endanger the AAA sovereign debt ratings of other member states. It makes no sense," he said. Mr Schauble told Washington to mind its own businesss after President Barack Obama rebuked EU leaders for failing to recapitalise banks and allowing the debt crisis to escalate to the point where it is "scaring the world". "It's always much easier to give advice to others than to decide for yourself. I am well prepared to give advice to the US government," he said.

Euro's troubles an Anglo-Saxon plot

The "markets" -- a typically Anglo-Saxon invention -- are taken as being both wildly irrational and at present engaged on a concerted attempt to destroy the Euro as a common currency. For believers in the Anglo-Saxons as the secret movers of the world, it could not be that the whole idea of the common currency was flawed in the first place and was bound to lead either to financial catastrophe or to a completely undemocratic and authoritarian central control of the economic life of the continent, or to both. Not a sparrow, or a French bank share, falls, but the Anglo-Saxons are behind it.