Welcome to the new version of European Tribune. It's just a new layout, so everything should work as before - please report bugs here.
Display:
Three months that will test the Eurozone | 223 comments (223 topical, editorial, 0 hidden)
Re: Disclosure (none / 0)
Of course they can't exclude Spain from the Eurozone - there is no explicit legal prohibition against sovereign defaults, and there is no legal mechanism for excluding a member. Default is a market solution. But the EPP supports the market only in the second person and in the abstract: It is good for disciplining other persons, or people in general, not for disciplining the EPP's Good Old Boys.

- Jake

If you only spend 20 minutes of the rest of your life on economics, go spend them here.

by JakeS (JangoSierra 'at' gmail 'dot' com) on Mon Apr 11th, 2011 at 07:09:05 AM EST
[ Parent ]

Others have rated this comment as follows:

Three months that will test the Eurozone | 223 comments (223 topical, 0 editorial, 0 hidden)
Display:

Top Diaries

Newspeak to English pocket dictionary

by JakeS - May 15
7 comments

Quantifying Utopia: A UBI Calculator for the USA

by ARGeezer - May 16
10 comments

A Nomad's Life (A Farewell)

by Nomad - May 10
14 comments

Standing on the Shoulders of Giants - Europe and the Mongol...

by Metatone - May 14
84 comments

Simple Solar Principles

by gmoke - May 17

Rail News Blogging #24

by DoDo - May 12
10 comments

Ferguson hates on Keynes

by Migeru - May 6
100 comments

The Brussels Consensus: economic disaster in EU candidate...

by Migeru - May 7
8 comments

Recent Diaries

Simple Solar Principles

by gmoke - May 17

Quantifying Utopia: A UBI Calculator for the USA

by ARGeezer - May 16
10 comments

Newspeak to English pocket dictionary

by JakeS - May 15
7 comments

Standing on the Shoulders of Giants - Europe and the Mongol...

by Metatone - May 14
84 comments

Rail News Blogging #24

by DoDo - May 12
10 comments

A Nomad's Life (A Farewell)

by Nomad - May 10
14 comments

The Brussels Consensus: economic disaster in EU candidate...

by Migeru - May 7
8 comments

Origins of German Neo-Austerianism

by marco - May 7
82 comments

Ferguson hates on Keynes

by Migeru - May 6
100 comments

Dionysian revels: Nice, May Day 2013:

by Ted Welch - May 3
5 comments

Anglo Or Not, It's A Disease

by afew - May 3
40 comments

The UK and the Euro

by ceebs - May 2
6 comments

Free Energy: Solar and Dynamo LED Keychain Lights

by gmoke - Apr 30
1 comment

Kruganomics 101

by Frank Schnittger - Apr 30
67 comments

Gold

by joelado - Apr 29
54 comments

Corporate Profits and Aggregate Demand

by Metatone - Apr 28
54 comments

VC Investment: Then and Now

by ATinNM - Apr 27
5 comments

An Ambush of Wishful thinking and Cargo Cult law.

by ceebs - Apr 26
5 comments

The Intellectual Foundations of Austerity destroyed

by Frank Schnittger - Apr 26
86 comments

Spring is Sprung - Photoblog

by In Wales - Apr 21
36 comments

More Diaries...

Occasional Series