Why am I not surprised that the next financial crisis will once again find its origins in the United States of Dollarland? I probably won't be surprised either if Benny B waves his financial wand and create more dollars out of thin air when asked ...

@ Bakker: I guess your observation is more or less right but Germany's stability depends greatly on the entire EU stability. In my opinion the northern part of the EU is fairly okay. The problem is quite simple: if Germany holds on to this ...

It means they're still playing 'chicken'. Draghi vs Weidmann.

url Enlighten me people. Is there any certainty left in the world of financial policy? Or should I refer to it as currency wars?

Stirling Moss, eternally chasing the world championship. I'm afraid the UK is somewhat like Sir Moss when compared to the Eurozone. I'd love to see some kind of progress in their cooperation. Imagine a strong EU with the UK as one of it's leading ...

Ever since DSK most Europeans have lost faith in the IMF.

Non-intervention is not an answer either. The system works best within a certain set of rules. Without governments participating in the economic life, we'd all be living in the Wild West.

Same old story, different times. What we see today, is the same confrontation we've had in Europe for ages. The eternal oposition between France and Germany, a stubborn and cocky UK meddling with everything but refusing to participate nevertheless, ...

Guess you're right about that. The problem is much bigger 'though. Same thing has happened in the US with Occupy Wall Street. People are getting nervous everywhere. Time for some real economic intervention. I hope to see some stimulating decisions ...

My opinion too. It's too easy to spread unconfirmed messages these days. Twitter is more dangerous than anything else these days... Edit: url Negative yields in Austria too. I'd like to see a status update from 'Unconfirmed' to 'proven false'. ;-)

Unconfirmed, but it has caused some panic anyway. One would think there's an coordinated attack going on, ready to hit the Euro whenever signs of hope emerge. The global financial system is a battlefield and whoever's calling the shots is shooting ...

And we all know December was a good month to buy...

Wish I could say it was I, but I'm probably not big enough to cause rumours... :-D

I'd say there is something wrong with the American Dream rather than with Krugmans idea. Because the way I see this it comes with a challenging rethinking of social reality. It could work, you know. But it's not something that will happen overnight.

They've had their share of bad luck. Hope everyone is well.

Would that be the United States if England? ;-)

It's easy targetting the EU and leaving similar stupidity elsewhere unspoken of. I think there could have been a solution a long time ago if certain people had a little more courage and a lot more sense of responsability.

What's the majority opinion here? I hope for the best but I'm prepared forst the worst.

And that money comes from... right... politicians operating the money press...

You see, that's exactly what I meant. You should be watching the charts every single minute because the rumours are all you get right now. But it's frustrating and exhausting like hell. There's no certainty that being focused all the time is going ...