Tuesday, November 16, 2010
2 tier Europe ahead?
"Whoâ€™s next? First Greece went bust. Now Ireland is on the brink of a bailout from the European Union and the International Monetary Fund. When it happens, weâ€™ll hear plenty of soothing words about how contagion has been stopped, the euro area has been put on a firmer footing, and the single currency saved. There will be a lot of grand rhetoric about the importance of the European project. Stern condemnations of the speculators will ring out across the continent. Donâ€™t listen to a word of it"!