Pat Oliphant for February 16, 2010

The Germans are as progressive as they come. They took what we were doing before Nixon and Reagan and have prospered since.

folowed by Irish, Spanish, brits catching, they can’t hide it much longer…. costofwar.com

This has always been the potential “deal breaker” for the EU - at best, the weak economies would disproportionately influence the economies of the strong and at worst, they would drag them down into economic quagmires similar to their own. The British decision to stay out of the Euro-zone, whilst made for short term reasons, may at least reduce the impact of those within who will be forced to repair the damage caused by others.

Ask yourself this - why would their biggest competitors, Japan and the USA, have been so strongly in favour of the EU and the common currency in the first place?

Sadly, the real rot that will be the end of the world economy is in the US economy where we have been writing dud cheques ($100 dollar bills, mostly) since the ‘sixties that we hope noone will ever try to cash. The queue starts here, folks…

^ Good post

But I am not as cynical as you (your 2nd paragraph)

… at least I’ll never be disappointed.

This time ve BUY Europe

In dollars, euros or yuans?

Sooky Rottweiler says;

Don’t get why I never heard a sky jumper yell CANNONBALL!!!

It seems appropriate to me.