Merkel Says No European Shared Liability As Long As She Lives

Tyler Durden's picture

For. The. Win.


Socialism better have a Plan B.

Gold, Silver, Stocks, Treasury Yields, and EUR all plunging...


and in the meantime, Spain and Italy yields push higher and Spain and Italy bank stocks plunge further...

Why is Merkel doing all of this? Simply. We have said it n times before... We will say it again:

Germany will continue pushing every peripheral country closer to the brink (which helps Germany courtesy of increasing pressure on the EURUSD, which benefits the only real net exporter and mercantilism beneficiary in the Eurozone - Germany - by now only absolute economic dilettantes don't seem to understand this) until such time as PIIGS (and then all the other formerly core - here's looking at you socialist "fairness doctrine" entrants) come begging for any scrap that whoever is in charge of Germany will be willing to hand them, in the form of a Debtor In Possession loan of course, and thus accretive to Bunds. If that means presenting their gold to the German Cash4Gold pawn shop under the guise of a Redemption Fund or whatever it is called, so be it. Unless of course, everyone keeps demanding that Germany bail them out. In which case Merkel will just unpack that brand spanking new shipment of DEMs and be done with it.

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transaccountin's picture

health accident 3..2..1.

Biggvs's picture

Yep, against impossible odds, Merkel just got sexy.

malikai's picture

I wish she would have said this two years ago.

Popo's picture

Stay out of hot tubs Angela.

We'd hate to see you get heartattacked...

flacon's picture

EUR: "Mutter! Mutter! Share your milk!"

Arius's picture

does she mean as long as she is PM or whatever she is ...

or this way sounds more dramatic ... i guess if she is removed from power not much she can do about it EVEN if she still alive is there ???

just asking ...

PhilB's picture

She didnt say it!! This is just another crap rumor folks!. Be smart.

Rainman's picture

Obeyme, temporary leader of the free world, commanded her to get with the program. How dare she defy His Gloriousness ?

PhilB's picture

According to the irresponsible CNBC:

Germany's Angela Merkel was quoted as telling a meeting of one of the parties in her coalition on Tuesday that Europe would not have shared total debt liability "as long as I live".

The chancellor said there would be no shared liability of debt in Germany either - after her government agreed plans with federal states to issue joint "Deutschland bonds" - in comments reported by participants in a meeting with the Free Democrats (FDP), junior partners in her centre-right coalition.

Is that some crap reporting or what?! These people should be sued.

bigwavedave's picture

In a Maggie Thatcher kinda way....

Comay Mierda's picture

nah just a front. she has wet dreams of euro bonds, centralized treasury, and stripping EU nations of their sovereignty.  just trying to get popularity points now until the SHTF then she will change her mind and say she had no choice but to agree to euro bonds.  c'mon ppl, this is how lying politicians play the game!

YuropeanImbecille's picture

Sadly you are probably right... fucking evil bastards!

Curtis LeMay's picture

Not this time.

She'd be dangling from piano wire on the Ku'damm if she gave into "debt pooling"...

And rightfully so.

Crisismode's picture

Does Plan B involve any kind of contract on someone in particular?

PhilB's picture

This is europe, we have gone past plan B ages ago. We are now on Plan 9 (or Nein!)....from Outer Space of course.

rbg81's picture

I bet she'd change her mind if Hollande would lower France's retirement age to 55 or so. [/s]

disabledvet's picture

"her logic is sound" indeed. "must have had a Secret Santa."

The Big Ching-aso's picture



Whew.  4 awhile there I was beginning 2 think she was developing a Merkyll & Hide personality.

YuropeanImbecille's picture

Jesus Christ! She will get JFK´ed by the zionist-satanists !



Stoploss's picture

Did she have a stroke??


Last I checked, Germany sells debt.... I believe they are called Bunds. /sarc

The old bag likes her own debt, just not other people's. 

disabledvet's picture

And you must be debt free of course.

Matt's picture

Think about this if it were people. Your neighbour is telling you "I can't afford my mortgage, I'm going to let the bank foreclose and drag down the value of all the houses on the block, putting you underwater, if you don't co-sign a loan with me". Would you do it?

brooklynlou's picture

Bingo. Why stop squeezing when they're still some assets to strip. Merkel won't relelnt till the last Spiderman towel is safely hid away in a German bank vault.

4th Reich baby! All your bases belong to us!

The Big Ching-aso's picture



Give Angie credit 4 having balls, boobs, & bravado.  She's Germany's Churchill in drag.

eatthebanksters's picture

Put some lipstick on it and get some strong perfume to cover the smell of pork...

deus x machina's picture

Angela, when you are working with GLOBAL PSYCHOPATHS  you don't want to give them any extra ideas!

Poetic injustice's picture

Is she trying to be European J.F.Kennedy?

rotagen's picture

Its about time we finally got this global economic collapse thing going.  

I was getting bored waiting for the inevitable.

FL_Conservative's picture

That's no "turd" in the punchbowl, its full-fledged diarrhea.

Conman's picture

Solution - assasination?

Stuart's picture

Hope Merkels takes trains instead of planes and helicopters.... just saying...

I Am Not a Copper Top's picture

Right! Stay out of small planes Angela.  Seriously.

Treason Season's picture
November 29th, 2009

Via: Guardian:

Russia was tonight coming to terms with its most deadly terrorist attack in years after investigators confirmed that a powerful improvised bomb caused Friday’s devastating train crash in which at least 26 people, including several top government officials, were killed.

Among the named dead so far were several senior Kremlin bureaucrats, including Boris Yevstratikov, the head of Russia’s Federal Reserve Agency, anTarasov, also died.

virgilcaine's picture

That gal has a big pair..

Tippoo Sultan's picture

That has to be a Banzai job.

MsCreant's picture

Those are real. Her statement, dunno, but the tits caused controversy a while back.

Zymurguy's picture

Butterface... I'll need two bags though, one for her and one for me in case her's falls off.

GolfHatesMe's picture

She just moved up in a lot of dead pools

Dr. Engali's picture

Ouch...You better have somebody tasting your food Angela.

slaughterer's picture

Don't eat in Italian, Spanish, Irish, Portugese, Greek restaurants for the rest of your life.  

CaptainObvious's picture

Well, Merkel has certainly showed she has an excess of balls.  Will she at least share those with the testicle-deprived leaders of Europe?