Mish's Global Economic Trend Analysis: Merkel Cancels Davos Trip, Warns Refugee Sex Offenders Part of Organized Crime
In response to growing pressure over the over the mass sexual assaults and robberies that took place in Cologne on New Year’s Eve, Angela Merkel cancelled her regular trip to the global leaders’ gathering in Davos according to the Financial Times.
Merkel's justice minister warned that the attackers are members of an organized crime network that coordinates via smartphones and social networks.
Lovely.
Well at least they did not blow up Berlin.
Mike "Mish" Shedlock
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