[Jimbuna]

Originally Posted by Torplexed

Ambrose Evans-Pritchard on the British side absolutely blows his stack here:

http://blogs.telegraph.co.uk/finance...m-flam-treaty/

They have to whip up a witchhunt against somebody, so why not Anglo-Saxon bankers? Nasty reflexes are at work. German and French politicians in particular should be very careful about inciting populist hatred against a group that makes such easy prey. We have been there before.

No doubt these dramatic events will be uncomfortable for Britain, but this will all be swept away by bigger events before long. The Europols have not begun to work out a viable solution to their deformed and unworkable currency union, and perhaps no such solution exists. The system will lurch from crisis to crisis until it blows up in acrimony.

Merkozy

But the vain and hysterical little man now in the Elysée will soon be gone.

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