Sunday, November 27, 2011

Leadership - the eurozone version

We find Nicolas Sarkozy's recent clinging to Ms. Merkel's leg with respect to a strict and centralized eurozone fiscal policy... charming.

Puzzling, on the other hand, is why any country, let alone Germany, would be willing to cede protagonism to France on the matter.



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2 Comments:

Ole Miss said...

When my economics 101 teacher said: forget what you are about to learn from this textbook, and you will be no worse for it, but never forget this: "what goes up, MUST come down. The farther it goes up, the farther it has to come down. This will always be true. The only question is when." I look at Spain´s numbers and he wan´t kidding.

Charles Butler said...

Others, however, are just permanently mediocre.