Caricature of the Week: Angela Merkel

As the situation in Europe continues to worsen, all eyes are on German Chancellor Angela Merkel.

Click to embiggen.

Liquidity

Cross-posted at The Clarion Call.

While we worry about our own economic crisis, the Eurozone is having a much worse debt crisis that threatens to bring down the currency shared by much of the European Union.

Paul Krugman has some slides up about it from a talk he’s giving in Paris soon. Well worth checking out.

Vampire

Cross-posted at The Clarion Call.

Meanwhile, Bond-villainy outfit Goldman Sachs continues its hostile takeover of Europe, as the bank is now wiping out democratically elected governments and installing their own stooges.

Interesting times, indeed.