Hi. We see a deep political crisis in Germany now like I said some months ago would soon be here. This can easily spill over to a full blown fiscal and banking crisis in the Eurozone. Yesterday the ECB bought more than 5 bio. Euro worth of EU gov bonds to avoid a yield driven selling panic. The bloc clearly is in recession with the industry contracting now between 5 and 10%. Construction is dead all over and there is no way the govs could stabalize their budgets. It's printing time!