Finger of ‘Euro Doom’ now points at Spain
Here we go again. Europe is about to go through the mangle one more.
The finger of Euro doom is no longer pointing at Greece, however, it’s locked on Spain.
This was always going to be the risk. Fix Greece and the focus will shift.
Keep Greece at the top of the headlines and simultaneously deflect the focus away from the two ‘too big to fail, too big to bail’ countries: Italy and Spain.
Delay is the name of the Euro crisis game. The ‘medicine’ for the euro is slow acting. It involves convincing the Germans that a little bit, sorry, quite a lot of inflation isn’t so bad. It involves welding a ‘new’ Eurozone where sovereignty is diluted.
Sovereignty is the key problematic issue now faced by the Economic and Monetary Union of the EU (EMU).
http://www.royalgazette.com/article/20120414/BUSINESS/704149947
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