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The Bundesbank are losing because they can't win as their ideas, if implemented, would destroy the Euro, but they are taking the rest of the Euro down with them.

Do you remember what happened on August 4-8 with Trichet's press conference, the market meltdown, the weekend conference calls and the Black Monday that wasn't?

All that would have been avoided if Weidmann had accepted on the 4th what he agreed to on the 7th.

Economics is politics by other means

by Migeru (migeru at eurotrib dot com) on Wed Sep 7th, 2011 at 12:05:04 PM EST
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