Euroland politicians think they can (1) fight...

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Oct
4th

Mon

Euroland politicians think they can (1) fight markets, (2) inflict infinite pain on voters in democratic countries, and (3) whip the profligate into line. They can do none of these.

— Borrowers of Euroland are Proving Einstein’s Theory of Insanity Right - WSJ.com

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Tags: finance europe euro pigs germany france core eurosud ECB

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