Euro Breakup in the Cards?
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  • Jim.

    If the best solution that France and the Netherlands can come up with is to go Socialist and demand German funding, then a breakup is pretty much a foregone conclusion.

    The lights are going out in Brussels. They will not be relit in our lifetimes, if ever.

    On the plus side, that can allow the lights of freedom, democratic rule, and fiscal prudence to be rekindled across the continent.

    Once the dust settles, this will be a net gain for Europeans and the world.

  • Corlyss

    They might as well talk about it in the open. Their machinations behind the scenes, their bandaid fixes for their chronic congestive heart failure, their repeated announcements that they’ve found the cure, haven’t fooled anyone. Most thinking adults with even a modicum of understanding about the underlying problem remembers when there wasn’t a Euro. It hasn’t been a fixture of life on earth for even 20 years. If there was life before the Euro, there will be life after the Euro. No Euro has always been an option, whether appealling to the players or not. The markets are just waiting for some finality one way or the other. Hint: it ain’t gonna be more integration.

  • Snorri Godhi

    Corlyss is broadly right; and other than the fact that nobody in France or the Netherlands (or indeed nobody in Italy who is compos mentis) expects a bailout, Jim is broadly right as well.

  • Eurydice

    Well, they’ve been talking openly for months about ejecting Greece – maybe now they’ve stopped pretending it wouldn’t mean a breakup of the euro.

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