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Well, yes. That is what solidarity implies.

But in my first post I was trying to make the point (about Europe standing together) why solidarity is good for the core as well as the periphery.

Sadly, I don't think anyone from the core countries would believe it.

And that's why Europe is a dead man walking.

Finally though, I'd make the plea that we don't forget that at some level this current crisis is artificial. There are structural problems and they are what we've been talking about (fiscal transfer, solidarity, etc.) but the crisis of the moment is pretty simply the failure of the ECB to act as the lender of last resort. As such the markets are attacking countries one by one, simply because they can...

by Metatone (metatone [a|t] gmail (dot) com) on Tue Apr 10th, 2012 at 12:01:21 PM EST
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