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A large enough incentive will cause some movement, sure.

But I would not care to place any expensive bets on the proposition that such drastic measures will less harmful to the domestic German economy than a transfer union. You'd be trading a harmless fix for a harmful one to avoid offending the eccentricities of a handful of Hayekian preacher men in the Bundesbank.

- Jake

Friends come and go. Enemies accumulate.

by JakeS (JangoSierra 'at' gmail 'dot' com) on Thu Sep 6th, 2012 at 03:55:32 AM EST
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