Welcome to European Tribune. It's gone a bit quiet around here these days, but it's still going.
It's not a farce.

The EU is the only entity capable of taking on the finance industry. Therefore the finance industry has decided to destroy the EU.

It's not bizarre that it's happening - it's bizarre that the EU 'leaders' are taking the attacks at face value and assuming that this is about fiscal responsibility, or whatever other reason is being used as the pretext du jour. And also that Germany has gotten itself into a position where internal politics have become more influential than long term solidarity.

In reality it's the bully coming over and saying 'I don't like your face' and using it as an excuse to pick a fight. Trying to put on a different face won't help.

It makes no sense to keep believing that the markets are playing by some kind of standard economic rules when the crash of 2008/9 and the subsequent bail-outs proved that they're only in it for whatever they can get, and that the rules will change whenever and however they need to.

And if that means taking down a government or two - all the better.

by ThatBritGuy (thatbritguy (at) googlemail.com) on Thu May 6th, 2010 at 08:55:54 AM EST
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