What, me worry?

The German debt agency was forced to retain almost half of a sale of 6 billion euros due to a shortage of bids by investors, sparking fears that Europe’s debt crisis is now even starting to threaten Berlin.

The German government is still resisting calls (from France and elsewhere) to allow the ECB to act more decisively.

“It is a complete and utter disaster,” one financial expert dude in London said. “And everybody has hurt feelings,” I replied. “And that’s the main thing.”

It’s starting to get ugly, folks, in other words. Uh, are we having a panic yet?

“The debt crisis is burrowing ever deeper, like a worm, and is now reaching Germany.”