Hypervigilant Observer

Following 45 GROWTH/EMERGING Markets: MEXICO, BRASIL,LATIN AMERICA,EASTERN EUROPE, RUSSIA, EUROZONE...from AUSTIN,TEXAS...with Freely Accessible, Reputable...ENGLISH LANGUAGE LINKS: Energy...Currencies...Crime... Tourism...Politics...Economics. HOARDING News Links...Since JUNE 2009...AD FREE.

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21 August 2011

EUROZONE / GERMANY: Merkel Refuses To Let Markets Dictate Policy...So NO Eurobonds.

                                           NYTIMES / J.Ewing

     Buckle-up...and get ready for more wild market rides...because Chancellor Angela Merkel insists Germany will not support eurobonds...for now.
     Merkel calls them "exactly the wrong answer”.
    She told German television: “The markets want to force us into doing certain things – and that we won’t do.” 
    She added: “Politics cannot and will not simply follow the markets.”
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