Merkel Reminds Europe Of The Golden Rule

Tyler Durden's picture

After a series of idiotic pleadings by Europe's broke insolvent countries that everything is now all fixed, Merkel decided to put some order into the house and reminder everyone who actually still has money:

  • MERKEL SAYS DIRECT BAILOUT FUNDING OF BANKS VIOLATES TREATIES
  • MERKEL SAYS GERMAN TAXPAYERS WANT GUARANTEE ON HOW AID SPENT

Which is funny: because the Golden Rule is that he who has the gold, makes the rules. And the rule is, and has always been, that the "guarantee" for further bailouts will be even more gold. Physical not metaphorical.