Germany failed to attract enough investors to buy their bonds yesterday
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Although the interest rate being offered was very low, have the markets now priced in the fact that Germany will bailout the euro and are therefore spooked?
It might light a fire under Merkel who has been reluctant to really find an overall solution to the euro problem rather than acting in Germanys interest over the last year.
Maybe Germany will now accept that this isnt just an issue for Greece, Portugal or Ireland.
Germany lent Ireland the money to allow our banks throw it around.
We will either go for closer European intregration or the Euro will break up. Im still not sure what scenario I would prefer.