European Tribune - Comments - Flash brief from the #greekrevolution

Flash brief from the #greekrevolution | 130 comments (123 topical, 7 editorial, 0 hidden)

"Looking at the euro area today, we see clearly that countries that abide by the rules of the single currency can thrive and prosper," Trichet said. "But we also see the opposite. Strengthening the rules to prevent unsound policies is therefore an urgent priority."

If only.

Can I have the Euro Area he's looking at?

Economics is politics by other means

by Migeru (migeru at eurotrib dot com) on Thu Jun 30th, 2011 at 05:43:54 AM EST
[ Parent ]

Re: Oh the euphemisms... (none / 1)

Well, he's right on strengthening the rules, but I doubt he has the same things in mind we would have. For instance "Though shalt not run a chronic intra-EU surplus without some sort of redistributive mechanism." is unlikely to be chiselled into his stone tablet.

by Colman (colman at eurotrib.com) on Thu Jun 30th, 2011 at 07:15:48 AM EST
[ Parent ]

But on his headstone perhaps... (4.00 / 3)

_{It is rightly acknowledged that people of faith have no monopoly of virtue
- Queen Elizabeth II}

by eurogreen on Thu Jun 30th, 2011 at 07:27:54 AM EST
[ Parent ]

Re: But on his headstone perhaps... (none / 0)

They can chisel it right next to "but the currency is sound."

- 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 Thu Jun 30th, 2011 at 05:34:19 PM EST
[ Parent ]

Re: But on his headstone perhaps... (none / 0)

funny, bbc world has stopped running the $-E currency x-rates along the ribbon at the bottom since this morning....

~"When an inner situation is not made conscious, it appears outside as fate." Karl Jung~

by melo (melometa4(at)gmail.com) on Thu Jun 30th, 2011 at 09:10:59 PM EST
[ Parent ]

Re: Oh the euphemisms... (none / 0)

clearly this was about fiscal irresponsibility, and we need to enforce much stricter rules.

Economics is politics by other means

by Migeru (migeru at eurotrib dot com) on Thu Jun 30th, 2011 at 10:20:25 AM EST
[ Parent ]

Flash brief from the #greekrevolution | 130 comments (123 topical, 7 editorial, 0 hidden)

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