Merkel Opens the Gates
By John Mauldin
Sep 19, 2015
– Ambrose Evans-Pritchard
Perhaps I should issue a storm warning for this letter. Maybe it’s because I had major gum surgery on my entire lower jaw this week and am in a bit of discomfort, but as I read the news coming through my inbox, it’s not helping my mood. This week’s letter will focus on the immigration crisis in Europe – after I muse on what I think is the very disturbing aftermath of this week’s Federal Reserve meeting.
Such parties are not yet a majority anywhere, but Marine Le Pen in France is only a crisis or two away from winning a national election. And the proliferation of stories that keep coming out about problems with immigrants doesn’t help the matter.