By: Stephen Lendman
An ocean of liquidity and institutionalized fraud alone keep dysfunctional economies from imploding.
Conditions look increasingly grim. Political solutions resolve nothing. On July 20, Der Spiegel headlined "Merkel Is Driving Europe into the Abyss." It quoted the Financial daily Handelsblatt saying:
"German Chancellor Angela Merkel has managed once again to get a parliamentary majority. But who cares? No one."