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Let us explain to Germany what we expect of it TODAY
Published here in French.
For ten years now, we have been hearing the same refrain from other European leaders to justify their procrastination towards the German authorities: “After the elections, things will be clearer”! However, from German election to German election, things are not clearer once the vote has been completed, but more turbulent and, from this point of view, we’ve hit the jackpot today. Let us draw the right conclusions: let us explain to Germany what we expect of it TODAY. That would be impossible because there is no government? nor a coalition? nor maybe even a chancellor? Let … Read the rest
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A BIG BANG, OR NOTHING , by François Leclerc
Guest post. Translated from the French by Tim Gupwell
With the G20 meeting being held in Mexico at the start of the week, our perspective will find itself altered, falsely accustomed as we are to only seeing the debt crisis from a European angle. On the 18th and 19th June, the greats of this world are going to gather in Los Cabos, a tourist resort in Southern Lower California, under the double auspices of debt and global recovery.
To avoid standing idly by whilst confronted by a disaster of its own making, the British Government has just announced a plan … Read the rest