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Trichet warns markets pundits not to underestimate determination
- Thread starter ASusilovic
- Start date
It's difficult for me to see a stable resolution to this that doesn't either (a) force all the individual economies to look more like each other or (b) significantly decrease economic sovereignty across the board and concentrate the power in Brussels. And neither of those seems very likely.
The current situation is something like each of the US states having their own Treasury and Fed and trying to convince everyone they're all printing the same currency.
(Not an exact analogy)
The current situation is something like each of the US states having their own Treasury and Fed and trying to convince everyone they're all printing the same currency.
(Not an exact analogy)
Quote from Random.Capital:
It's difficult for me to see a stable resolution to this that doesn't either (a) force all the individual economies to look more like each other or (b) significantly decrease economic sovereignty across the board and concentrate the power in Brussels. And neither of those seems very likely.
The current situation is something like each of the US states having their own Treasury and Fed and trying to convince everyone they're all printing the same currency.
(Not an exact analogy)
Indeed: Europe is edging towards the unthinkable
"Trichet warns markets pundits not to underestimate determination"
Another entry for "Famous Last Words"......
Another entry for "Famous Last Words"......
french idiot- a old joke- which is the thinnest book in the world?
answer " the french war dead" lol
answer " the french war dead" lol