The fingers of contagion are spreading across Europe with an increasing number of countries being affected by a debt crisis which has put the Euro as a viable currency into doubt. The mastermind behind the Euro currency was Germany, but as the crisis deepens even the German economy is starting to show some worrying cracks.
Could this be the fall of the German empire?
The list of countries that are caught up in this Euro zone crisis include, Greece, Ireland, Portugal, Italy, Spain, Hungary, Belgium and even France has a credit rating downgrade hanging over its head. It seems that as each week goes by another country is added to the list.
Germany has always been seen as the architect of the Euro currency and although their economy has been growing strong with the Euro as the basis of the German economic system, it has meant that Germany now carries most of the European debt within its banks.
If the debt crisis in Europe is not solved quickly the chances are that Europe will break up and that will be the end of the Euro.
It will also mark the end of Germany's domination in Europe and the world will witness the fall of the German empire.