DEUTSCHE BANK UNTER ALLES: The Deutsche Bank crisis could take Angela Merkel down – and the Euro.
I love this line in CNBC’s take, which is headlined, “Pressure is building for Germany to show it’s ready to rescue Deutsche Bank:” “German officials could be about to find themselves in an uncomfortable position: Being called on to show they’re ready to rescue a bank in a part of the world where such operations are considered taboo.”
Yes, if it’s one thing that Germany has no experience whatsoever with, it’s corporatism.