Monday, September 12, 2011

Euro

http://www.telegraph.co.uk/finance/financialcrisis/8755881/Germany-and-Greece-flirt-with-mutual-assured-destruction.html

Ambrose Evans-Pritchard, is always worth pondering.
This is one of the few recent major articles that is sympathetic to the Greeks.
He outlines Europe's options and is actually able to offer a couple which are 
also optimistic and maybe even possible.

Though we still come away with the feeling that the sinking crisis will prevail for some time.
And only prolonged crisis will force a response.

Who cares as it's Europe?
Don't believe it. The US financial sector is up to their ears in this mess and when Europe goes
that sucking sound will be the US trying to follow the Euro down the rat hole.

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