"Disastrous" bond sale shakes confidence in Germany

Prophecy Sign:  The collapse of world markets and the global economy

Wish we could provide you with cheerier economic news. However the fact of the matter is, a global restructuring of the economy is coming and coming soon. 

From the articles:
A "disastrous" German bond sale on Wednesday sparked fears that Europe's debt crisis was starting to threaten even Berlin, with the leaders of the euro zone's two biggest economies still at odds over a longer-term structural solution. With contagion spreading, a majority of twenty prominent economists polled by Reuters predicted that the euro zone was unlikely to survive the crisis in its current form, with some envisaging a "core" group that would exclude Greece.

"The debt crisis is burrowing ever deeper, like a worm, and is now reaching Germany," one of the more eurosceptic backbenchers in Angela Merkel's center-right government, Frank Schaeffler of the junior coalition partner Free Democrats (FDP), told Reuters.

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In an interview on CNBC, the Carlyle group head had the temerity to tell the truth, the whole truth, and use math - that long-forgotten concept which one has to scour various backwater blogs to rediscover - to explain nothing but the truth which is that Europe needs many more trillions than either the EFSF or the ECB can afford to give.

"Disastrous" bond sale shakes confidence in Germany

http://www.reuters.com/article/2011/11/23/us-eurozone-idUSTRE7AM0VR20111123

Europe's "Liquidity Run" Has Begun Because There Is An Unsolvable $30 Trillion Problem

http://www.zerohedge.com/news/sarkozy-europes-liquidity-run-has-begun-because-there-30-trillion-problem