Daily: Why Angela Merkel has hitched her wagon to the ECB

The weekly will be a more in depth look on the ECB but here's today's daily first. I will be on Headline with Howard Green on Monday at 1230 to talk about all the headlines of the day.
I just want to focus on one aspect of the euro crisis - and that's Angela Merkel's support for monetization. I have been saying since 2010 that monetization was likely and since last year that crisis in Spain and Italy would be the trigger. Now we have finally arrived. And, it is the German Chancellor's being ful...

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