Merkel: Markets Won’t ‘Blackmail’ Euro Leaders

Merkel perhaps admitting the truth this time , none ready yet to jump & market should not too as trying scammers only perhaps not real economy now a days .so stay sick till recover & able walk without help. good indication .

Time for Merkel to go, unless the German people are ready to pay for/care for nearly all of Europe. It's just that simple. Either Germans accept a much lower standard of living (to save the Euro) or the whole thing explodes, and they start over with something else. Any proposal that delays this decision will only make matter worse in the long run. BTW, I know there are a few other European nations that are doing well, I just used Germany as the example of what the "well managed" nations must decide upon, and soon. Merkel hates the markets because they are forcing the decision before the politicals are ready. Too bad, so sad for her!

"A Europe with a common currency require common duties" was the statement.

A by force and decree , and not voted upon common economic duty is exactly what wil , on one hand, break the currency , and on the second hand...make Merkal a proponent for a failed experiment.

The EUR currencys days are numbered, but with it, it will bring all the European political players, that constantly pushed decision and actions above the populations control mechanism.

The only mechanism the voters have is within their own governments.

When government members goes over the head of the population, and make decisions that the voters didn't vote for, they're done.

There have been a three axis...as the Chinese would say "The gang of three" , The French PM, the German PM and Trichet.

Those three have been running Europe like a Trojka.

Europe may not have figured out that you can't have a union made up of independent states. Although these states have agreed to having fiscal responsibilities within the treaty of the union, most seem to have ignored their obligation. This is what happens when the link that was intended to hold them together, I assume the Euro itself, is insufficient. Giving up complete autonomy may be their only solution, or lose the Euro.

When the U. S. first became a country after beating off the English, the states refused to endorse a central government that would have strong authority over the all the states. The problems began when each state began enacting laws that made commerce difficult. Worse, each state was printing their own money. It didn't take long before states began fighting among themselves over taxes on commerce making things even more difficult.

3 people came together to make an argument for a strong central government. They were James Madison, John Jay, and Alexander Hamilton. The arguments were written in essay form and published in the newspapers. (Freedom of the press) These essays were compiled together and are referred to as the "Federalists Papers". This book is still in print and inexpensive to purchase for those who might be interested. Few people realize that 10 years after the revolution too place in this country, there was actually a second revolution; only without the use of military.

I can't say this is the right course for Europe, but I believe it is the only course if they want it to work.

It's not just German people, the Britsh are expected to pay around £20 Billion to bail out Euro states when we're not even in the Euro. The Euro is just a pain in the neck.

She is really stupid!!!! Back to the stove and cook madam Merkel!!!!

Stock and bond traders aren't blackmailing Merkel. They just demand an answer to the EZ's problems, not 'austerity'. And I guess it's making her mad.

What's making her mad is the German taxpayer is probably going to have to bail out all the incompetents in the rest of Europe. If I were a German taxpayer I'd be pretty pissed too.

EU didn't act bold enough. In U.S, Fed simply printed money to flood the market to deter away any investors who dare to blackmail. If EU don't print money, Euro will fail.