Germany, which tried to run the whole continent of Europe during most of the twentieth century, has finally taken control. This time with paper rather than hot lead. But they are still Germans.
Today, we find out if Mario Monti can screw the people of Italy hard enough to appease Germany's Angela Merkel, or whether Germany takes a walk and watches (happily?) its fellow Europeans collapse.
Why do we care? Because it matters to us, it always has.