Posted Dec 10, 2013 by Martin Armstrong
The Euro-savior Wolfgang Schäuble and Jean-Claude Juncker could soon be the most important bank directors in Europe. They want a Superbank that has the last word over all of Europe and direct access to taxes if there is a crash. This is the very place they said the Euro would not go. It was why in designing the Euro they did not consolidate the debt because it would look like the Federalization of Europe. Well, we now have the Federalization still arriving and yet the debt is still fragmented. We have worst of both worlds.