The first new flashes concerning the Eurotop fly in all possible directions. That was fully expected but that is not good news.
More than ever : "Fasten your seatbelts". I'm starting to look blue and green in my face ... German dominance or the chaos ?
3 comments:
De leerling tovenaars hebben hun toverstokjes thuisgelaten !
Almost one week later, what can one conclude ?
"Two things seem to be true: Cameron is an incompetent opportunist in thrall to his backbenchers and the proposed treaty is a disaster for the Eurozone countries themselves."
Read on http://crookedtimber.org/2011/12/13/the-uk-after-the-eu-summit/
And Martin Wolf, quoted by Paul Krugman :
"To put it bluntly, the single currency will come to stand for wage falls, debt deflation and prolonged economic slumps. Can this stand, however big the costs of a break-up?"
Tout va très bien, madame la marquise ...
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