<body><script type="text/javascript"> function setAttributeOnload(object, attribute, val) { if(window.addEventListener) { window.addEventListener('load', function(){ object[attribute] = val; }, false); } else { window.attachEvent('onload', function(){ object[attribute] = val; }); } } </script> <div id="navbar-iframe-container"></div> <script type="text/javascript" src="https://apis.google.com/js/platform.js"></script> <script type="text/javascript"> gapi.load("gapi.iframes:gapi.iframes.style.bubble", function() { if (gapi.iframes && gapi.iframes.getContext) { gapi.iframes.getContext().openChild({ url: 'https://www.blogger.com/navbar.g?targetBlogID\x3d9924031\x26blogName\x3dApathy+Curve\x26publishMode\x3dPUBLISH_MODE_BLOGSPOT\x26navbarType\x3dBLUE\x26layoutType\x3dCLASSIC\x26searchRoot\x3dhttps://apathycurve.blogspot.com/search\x26blogLocale\x3den\x26v\x3d2\x26homepageUrl\x3dhttp://apathycurve.blogspot.com/\x26vt\x3d-8459845989649682690', where: document.getElementById("navbar-iframe-container"), id: "navbar-iframe" }); } }); </script>

Friday, February 27, 2015

Mo' money

Germany bails out the Greek commies again:

Germany's parliament approved an extension of Greece's bailout on Friday but a record number of dissenters from Angela Merkel's conservatives underscored growing scepticism in Berlin about whether a new Greek government can be trusted to deliver on its reform pledges.

While Merkel and Schaeuble's tough stance on Greece goes down well with German voters, the euro zone crisis has created space for a new euroskeptic party to the right of the CDU/CSU - the fast-growing Alternative for Germany (AfD). AfD leader Bernd Lucke wants Greece to leave the euro and said extending the bailout was "a bad decision for Germany and for Greece ... because economic misery in Greece will continue".


A new hardline nationalist party in Germany. That worked out well the last time.

But the European Commission's financial affairs chief Pierre Moscovici reminded Berlin in an interview with German radio just before the debate that allowing any country to exit the euro zone would merely raise the question "who is leaving next?".


Everybody. Because the euro-dollar experiment was doomed to failure from the moment it was conceived. I'm surprised it's lasted this long.

The Greek commies will spend their new windfall of Deutschmarks faster than a stripper in a shopping mall, the Germans will furrow their brow a little more deeply come April, and the whole Tinkertoy contraption called the Eurozone will creak a millimeter closer to its inevitable collapse. Putin is fairly drooling in anticipation of the event.

0 Comments:

Post a Comment

<< Home