Understanding the Divide Between the German Workers and Elite

The differences between Eurozone members tend to be a key focus for investors and policy makers.  There is another fissure which is typically is under-appreciated.  It is within Germany itself and not discussed in polite company.  It is the divide between German workers and the economic elite. 

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Early Market Reaction to the Latest Economic News

The US dollar is firmer to start the week against most of the major currencies.  The Eurozone reported less deflation than expected, and Germany and Italy reported better manufacturing PMIs.  This helped the euro recover from the initial slide in Asia that had taken it down to $1.1160. 

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Debt is the fatal disease of republics, the first thing and the mightiest to undermine governments and corrupt the people.
Wendell Philips
He who controls the money supply of a nation controls the nation.
James A. Garfield
The moment that government appears at market, the principles of the market will be subverted.
Edmund Burke