Markets dip on horrible Germany auction

Germany failed to sell ~40% of its issuance of 10-year debt earlier today, in a somewhat surprising occurrence. The move has once more increased European worries and as a result (at least partly), major markets took a dip today. The spiral seems to continue for the EU.

DodgeFB said:

I admit I may be wrong. But it seems that too many are expecting too much from Germany when it comes to the European problems.:unsure:

Click to expand...

Not sure how that is related to this, but it is arguable. The reason people look at Germany is because [whether or not they admit it] they effectively control the ECB and are currently stopping it from inflating the currency and taking other actions that would help those in trouble. Whether they are justified is arguable- some see it as them trying to have their cake and eat it too (considering the gains they've had due to the EU and the countries now in trouble).

netanyahoo said:

We are living in denial and refusing to accept that capitalist system's pillars are falling apart one by one. Live and die on debt.

Click to expand...

What does this have to do with capitalism and what system do you prefer?