Wednesday, March 18, 2015

Thousands to protest in Frankfurt against ECB 'austerity'

Bear in mind the majority still believes the Euro will survive. Domestic and international money flows assign a growing probability that survival is unlikely. Group dynamics (human behavior) makes selling temperance on St. Patrick's Day celebration easier than a breakup of the Euro even as tensions escalate. That will change as the majority is proven wrong and unprepared.

Headline: Thousands to protest in Frankfurt against ECB 'austerity'

FRANKFURT (Reuters) - Thousands of people are expected to march in Frankfurt on Wednesday to protest against austerity policies they blame on the European Central Bank, as the ECB inaugurates its new high-rise headquarters.

The gathering follows protests in Cyprus outside a meeting of the ECB's decision-making Governing Council and marks dissatisfaction with the powerful institution, which has sought to distance itself from political wrangling in the euro zone.



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