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How do you form an alliance against the member you expect to pay?

Because German exit from the Euro also solves the problem.

That makes sense only if you also expect that member to prefer an unacceptable decision to no decision.

If Germany finds it excessively onerous to submit its objectively insane policies to a majority vote on the ECB board of governors, then it is perfectly free to get the fuck out of the Eurozone.

- 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 Sat Jun 16th, 2012 at 04:50:48 AM EST
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