No, that's not a given. You would expect people like finance ministers to be very, very good at negotiation, and a complete clown parade on the macroeconomic substance.

This indicates (if my tea-leaf reading is correct) that the Eurozone FinMins are incompetent in their core competency, politics. Not just in some ancillary nice-to-have skill set, like policy.

I think that is surprising.

- Jake

Friends come and go. Enemies accumulate.