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Not just scandalous but an outrage! August 22, 2012

Posted by proeconomia in Fiscal policy, Main, Monetary policy, News on Greece, On the crisis, Opinion.

Ain’t me that’s saying that. Here is the article from Bloomberg and the closing paragraph: “Let’s put this in the starkest terms. In an effort to press Greece and others to mend their public finances, Germany’s government and its allies are making the euro system more fragile. To do this inadvertently would be scandalous enough, when you think of the risks to Europe and the world. To do it deliberately is an outrage.”



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