On September 12th, the German High Court will decide whether the European Stability Mechanism (ESM) is unconstitutional to German Law. ESM would transfer German sovereignty to the EU in Brussels. This decision will have huge implications. If the High Court decides that the ESM is unconstitutional, the Euro could collapse in weeks. However, if the Court agrees with the ESM the path is cleared for a European Central Bank to function just like the Federal Reserve Bank.