Europe Risks Getting It Wrong Again On Rate Rises

[pandora's box]

The euro project has not gone according to plan... I believe the European bureaucrats have badly misjudged the public mood. Perhaps they are too closely aligned with the plutocracy of the financial and banking sector.

FT link

Edited January 21, 2011 by pandora's box

[indirectapproach]

I have a nasty suspicion European interest rates are set for German convenience rather than European benefit.

Nice and low to get through all that money spent on trying to sort out their east and then nice and high to prevent German inflation taking a hold.

Europe seems to be supremely irrelevant while the Hun jogs along happily,

http://www.bbc.co.uk/news/business-12249714

[ken_ichikawa]

The euro project has not gone according to plan... I believe the European bureaucrats have badly misjudged the public mood. Perhaps they are too closely aligned with the plutocracy of the financial and banking sector.

FT link

Well EU laws allows them to shoot us if we disagree with them.

[Executive Sadman]

I have a nasty suspicion European interest rates are set for German convenience rather than European benefit.

Nice and low to get through all that money spent on trying to sort out their east and then nice and high to prevent German inflation taking a hold.

Europe seems to be supremely irrelevant while the Hun jogs along happily,

http://www.bbc.co.uk/news/business-12249714

Seems fair, given what Germany/UK/Netherlands put into the EU compared to what we get out in fiscal terms.