Not sure how much stock to put into that analysis or if it was a Europe.Is.Doomed report, but it was an interesting take on this particular proposal. "Schiller sprach zu Goethe, Steck in dem Arsch die Flöte! Goethe sagte zu Schiller, Mein Arsch ist kein Triller!"
You know, if Merkel wants to talk about the "roots" of the crisis, it's better to get rid of the Growth and Stability Suicide Pact, not saying that it is "no longer sufficient". The brainless should not be in banking -- Willem Buiter
