Greece and the Euro

[justrading]

"Our solution, then, is broadly the same as Mrs Merkel’s appears to be. But a prescription is useless if it is never applied—and our doubts that this one ever will be are increasing."

The articles linked within are also interesting.

http://www.economist.com/node/21560269?fsrc=scn/tw/te/pe/temptedangela

 

[zdreg]

merkel should have bitten the bulletin like her predecessor,adenauer after world war 11, who ignored the advice of the so called capitalist US. he got rid of price controls and black markets disappeared overnight. it was the start of the german miracle.

 

[C6H12O6]

The 2 words "solution" and "Germany" put in the same sentence, scare the hell out of me. Reading Otmar Issing saying that they should get rid of the weaker countries is enough for today

http://finance.yahoo.com/news/struggling-euro-members-removed-euro-103546115.html
....
Politicians who blame German Chancellor Angela Merkel for creating turmoil in the markets by not taking further action on issues like Eurobonds should "shut up," Issing said.


Sieg heil, herr Issing

 

[walter4]

Throw the Germans out, problem solved.