Rise of the Fourth Reich, how Germany is using the financial crisis to conquer Europe...

Yesterday’s crisis meeting between Angela Merkel and Nicolas Sarkozy was arranged before the participants knew of the disastrous growth figures in the Eurozone that emerged in the morning.

The background to the meeting was last week’s tumult in the world financial markets. Shares had gone into freefall after the downgrading of America’s credit rating.

Worse than that, however, were the tremors rattling some of Europe’s most important banks, notably in France, caused by further evidence of the utter failure of even the more developed European economies to live anything like within their means.

Chancellor Merkel has managed to use the hard-earned money of German taxpayers to bail out profligate Eurozone countries without suffering any political fall-out. This is unlikely to remain the case and Mrs Merkel knows it.

That is why yesterday she played down talk of the European Central Bank — funded by German-backed Eurobonds — paying off the debts of these all-but-bankrupt nations.  More...

Don't miss:

1. Sarkozy and Merkel propose eurozone government! 
2. Gordon Brown promotes world government at TED...
3. JBS Founder Robert Welch's speech in 1974... 
4. Is the European Union the new Soviet Union?
5. The EU unleashes another expensive invasion on the British taxpayer...
6. How the EU wastes billions on silly projects and fills the pockets of dictators...