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There is, of course, an alternative that the FT and their like  dare not speak: other Eurozone countries could - get this - help out Italy with its problems.
by Colman (colman at eurotrib.com) on Tue Nov 27th, 2007 at 11:16:17 AM EST
Surely you can't be serious??

In the long run, we're all dead. John Maynard Keynes
by Jerome a Paris (etg@eurotrib.com) on Tue Nov 27th, 2007 at 11:19:32 AM EST
[ Parent ]
Work with me here: imagine that you had a currency zone, right, and, like, one part of it was doing well from current circumstances and one part not so well. It might, just might, be possible that the winner could compensate the loser. Imagine the possibilities!
by Colman (colman at eurotrib.com) on Tue Nov 27th, 2007 at 11:29:16 AM EST
[ Parent ]
I see a much better option: if you dump Italy, then most of the eurozone will be above the average! Wouldn't that be great?!

In the long run, we're all dead. John Maynard Keynes
by Jerome a Paris (etg@eurotrib.com) on Tue Nov 27th, 2007 at 11:34:54 AM EST
[ Parent ]
Now that's thinking outside the box.
by Colman (colman at eurotrib.com) on Tue Nov 27th, 2007 at 11:48:48 AM EST
[ Parent ]

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