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I suspect they know what they have to do, but have no idea how they're going to sell it to their voters without explaining that the Original Sin was suppressing their wages in the name of competitiveness.
by Colman (colman at eurotrib.com) on Mon Jun 20th, 2011 at 11:32:11 AM EST
[ Parent ]
The only thing that can save our sorry asses is solidarity and economic integration. Slowly, the "elites" are coming to recognize this (the economists and bankers, by construction, can't, and will have to be circumvented).

So now, the people who have been selling us tabloid nationalism are going to have to switch to brotherly love...

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

by eurogreen on Mon Jun 20th, 2011 at 11:50:54 AM EST
[ Parent ]
Yeah, that would be the problem. Should be fun to watch, for very small values of "fun".
by Colman (colman at eurotrib.com) on Mon Jun 20th, 2011 at 11:51:50 AM EST
[ Parent ]
What I find ridiculous is how industrialists and CEOs are weighing heavily on eurozone integration and how the collapse of the zone would kill their business--almost with no remorse whatsoever for taking huge salaries while they suppressed worker compensation and thereby tamped down demand.

Did these guys sit on some banking boards too I wonder?

by Upstate NY on Tue Jun 21st, 2011 at 08:59:17 PM EST
[ Parent ]

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