[Olog-hai]

By “partnership was possible”, Herr Weber obviously means, “We could bleed the US dry at will”.

It also begs the question as to why the eurozone has crises. It was created to deliberately induce crises, that’s why.

Also, Weber calls himself a “European” instead of a “German”.

[chief lee runamok]

" I as a European don’t want to be dependent on the White House.”

I, as an American, don't want you dependent on US taxpayers. So bugger off.

[KyCats]

Maybe the idea of the United States and EU in a shooting war isn’t as absurd as it seemed at first blush.

[pepsi_junkie]

“The political picture behind that is that in the last eurozone crisis, we asked for the IMF’s (International Monetary Fund) help. Barack Obama was the president then, so partnership was possible."

There's the problem, right there. When you see "International Monetary Fund" you should always substitute "US Treasury" for it because that's the reality.

Obama was thrilled to throw the treasury open to prop up leftwing statism. But that gravy train is looking far less open these days.

[FLT-bird]

By “partnership was possible” what he really means is “Obama gave away $100 billion dollars to bail us out”. That was yet another absolutely awful decision by Obama. Let the Yurps clean up their own GD messes for ONCE.

[Tilting]

Euroland has more problems rising to the surface as their bank system is flawed. They never consolidated all the debts of the union members and left each country to hang out to dry with its own debt problems while being dictated to from German headquarters (ECB). But since debt there was set to be denominated in euros, a strong euro automatically means a higher debt load. Add in any coming higher interest rates and member countries will have no control of their own balance sheet while looking to get out of the European Union. "...The lastest hat being thrown into the ring is the European Commission is planning to enter their sanctions against Italy. As it stands currently, they have proposed disciplining Italy under EU fiscal rules on November 21st, 2018, unless the country’s government agrees to change its draft budget plan according to EU dictates. This could set in motion a drop in Italian debt which may force the ECB to buy more Italian debt or stand back and watch rates go crazy. This may also be the starting point of sending Italy into an exit position from the EU..." Martin Armstrong