Commerzbank: ECB Negative Interest Rates Hurt More Than Migrants

“Yes, we can,” a determined German Chancellor Angela Merkel said nearly one year ago when speaking of how Germany would embrace "refugees" from the Middle East. Since that point, there have been some issues to overcome relative to Syrian refugees entering Germany, not the least of which are the terrified migrants who have come in search of a better land and/or criminal behavior. And now not only is there talk of a 10-day emergency stock pile, re-introduction of a mandatory draft, but even warnings of attempts by Wahhabis to infiltrate German armed services.

But could it be worse? One of Germany's biggest banks says ja!

A recent Commerzbank report puts what has become a refugee crisis in...