e-Claire

WTF?!?

it speaks

The EU is in deep doo-doo.  And the doo-doo storm is coming our way.

WTH is this guy’s angle?!?

So makeshift assistance should be enough for Greece, but that leaves Spain, Italy, Portugal and Ireland. Together they constitute too large a portion of euroland to be helped in this way. The survival of Greece would still leave the future of the euro in question. Even if it handles the current crisis, what about the next one? It is clear what is needed: more intrusive monitoring and institutional arrangements for conditional assistance. A well-organised eurobond market would be desirable. The question is whether the political will for these steps can be generated.

*clicky*clicky* to see who’s big idea this is.

1. Lollers.

   This must, then, be the correct policy prescription!
   .

   Posted by OregonGuy  on  02/25/10  at  08:09 AM

2. The story grows:  this is from the UK Daily Mail, by way of Drudge:

   Man who broke the Bank of England

   “A secretive group of Wall Street hedge fund bosses are said to be behind a plot to cash in on the decline of the euro.
   Representatives of George Soros’s investment business were among an all-star line up of Wall Street investors at an ‘ideas dinner’ at a private townhouse in Manhattan, according to reports.”

   Posted by ZZMike  on  02/26/10  at  09:45 PM

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