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But instead of "mutualizing" debts of the private sector they should be written down. Not that I expect anyone to say that. Otherwise, it is just more bailouts.

But I am glad to see explicit critiques of the glaring faults of the GSP, the "Grotesque Suicide Pact", and of the structural problems and need for social solidarity. But the way it is phrased will be incomprehensible to most citizens, most likely, except French will likely "get" that it is the German's fault.

"It is not necessary to have hope in order to persevere."

by ARGeezer (ARGeezer a in a circle eurotrib daught com) on Mon Dec 20th, 2010 at 03:49:34 PM EST

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