Out of the frying pan.

There are those who think the Germans will ditch the Euro this year. It's not impossible, it has been a bum deal for Germany, but the Angry Merkin insists it was all a great idea.

The reasoning behind this particular argument seems flawed. It's based on the idea that if Germany drops out of the Eurozone, they won't have to pay for bailouts any more.

Well, we have never been in the Eurozone but we are putting a hell of a lot of money we don't have into supporting it anyway.

So if Germany does drop out, it won't be for that reason.