And why, precisely, should countries outside the Eurozone - who are actually able to defend themselves against mercantilist attacks - voluntarily decide to subsidise our irresponsible policies?

For that matter, given that German has demonstrated no inclination to permit a currency or industrial policy that would aid Greece, how precisely do you propose that they improve exports? None of the traditional neo-mercantilist policy options are available here.

- Jake

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