With official year-on-year (YoY) German inflation at 8.7%, a 60-year high and headed higher, the Euro experiment is clearly a failure. It's not the new Deutsch Mark, it's the new Italian Lira. Germany needs to leave the Euro Zone and really build back better by returning to a gold-backed mark. Gexit!
"German Inflation Hits 60-Year-High, 'Worse To Come', Says Allianz" - in ZeroHedge