Mish/ Mike Shedlock – Key Words Of The Day : “Nothing”,”Fiscal Cliff”,”Later”; Bernanke Speech Template; US Fiscal Cliff And What To Do About It – 8 June 2012

Everyone is pouring over the latest statements by Fed chairman Ben Bernanke and German chancellor Angela Merkel. But what did they really say?

The short answer is “nothing”.

For example, Bloomberg reports Merkel Says Germany Ready to Back Use of Current Euro Tools.