The situation throughout Europe could get really bad if the currency implodes and Germany is forced to go it alone. The worst scenario would be for a new, independent yet strong Deutsche Mark which could cripple Germany's expanding export market, thus pricing them out of their markets causing a cessation in their sales.
It is something the Socialist Utopians still have not grasped. To create wealth you have to have something that others need. Spain recently had sunshine and cheap cerveza and sangria. Now those have gone and Romania and Bulgaria are offering cheaper packages. No tourists fewer and fewer jobs.
The wheel turns and countries are forgetting the things that gave them a modicum of wealth and stability. Poverty brings only one thing, devastation.
Spain protesters defy ban to remain in Madrid square
The protesters are angry with the government's economic policies and have occupied the square for the past week.
Spain's electoral commission had ordered them to leave ahead of local elections on Sunday.
But as the ban came into effect at midnight, the crowds started cheering and police did not move in.
The protest began six days ago in Madrid's Puerta del Sol as a spontaneous sit-in by young Spaniards frustrated at 45% youth unemployment.
Spain's 21.3% unemployment rate is the highest in the EU - a record 4.9 million are jobless, many of them young people.
Prime Minister Jose Luis Rodriguez Zapatero has expressed some sympathy for the protesters, noting their "peaceful manner".
"My obligation is to listen, be sensitive, try to give an answer from the government so that we can recover the economy and employment as soon as possible," he told radio Cadena Ser.
However, his Socialist government is expected to fare badly in Sunday's local and regional elections.
Send for the European Chancellor that saved the world-Gordon Broon.
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