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This has been a crisis of Anglo-Saxon transaction-based capitalism. Not too long ago, it was considered to be vastly superior to the eurozone's old-fashioned relationship finance. I doubt that in a few years' time people will continue to assess the relative strengths of the Anglo-Saxon and continental European financial systems in quite the same way. I would also expect the eurozone economy to withstand the economic shocks of the credit crisis in relatively better shape.


In the long run, we're all dead. John Maynard Keynes
by Jerome a Paris (etg@eurotrib.com) on Mon Mar 24th, 2008 at 03:25:56 PM EST
Uh, lemme guess...hold on, thinkin'...was it you?
by PIGL (stevec@boreal.gmail@com) on Mon Mar 24th, 2008 at 05:39:10 PM EST
[ Parent ]
Krugman?

It'd be nice if the battle were only against the right wingers, not half of the left on top of that — François in Paris
by Carrie (migeru at eurotrib dot com) on Mon Mar 24th, 2008 at 06:15:36 PM EST
[ Parent ]
Munchau

In the long run, we're all dead. John Maynard Keynes
by Jerome a Paris (etg@eurotrib.com) on Mon Mar 24th, 2008 at 06:20:16 PM EST
[ Parent ]
So, is your "Anglo Disease" Op-Ed ready for submission to the FT?

It'd be nice if the battle were only against the right wingers, not half of the left on top of that — François in Paris
by Carrie (migeru at eurotrib dot com) on Mon Mar 24th, 2008 at 08:20:58 PM EST
[ Parent ]
no reply. Maybe I can try again, by sending it to Munchau himself.

In the long run, we're all dead. John Maynard Keynes
by Jerome a Paris (etg@eurotrib.com) on Tue Mar 25th, 2008 at 06:08:36 AM EST
[ Parent ]
My point is that, now that Munchau has broached the subject, your article can no longer be considered taboo, or crackpot.

It'd be nice if the battle were only against the right wingers, not half of the left on top of that — François in Paris
by Carrie (migeru at eurotrib dot com) on Tue Mar 25th, 2008 at 06:12:13 AM EST
[ Parent ]

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