From the Editor

A Grave Danger Rises in Germany

 

The European Union just announced a trillion-dollar bailout of Greece. That means that most of that burden falls on Germany, the financial powerhouse of Europe.

One television commentator said that Angela Merkel wanted a $6 billion bailout, but President Obama pressured her to make it a $1 trillion bailout. Also, President Sarkozy of France and other EU leaders put severe pressure on the German leader to support a large bailout.

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