Whilst it is a very dangerous matter to address, does anyone else think that we are seeing a backdoor takeover of Europe by Germany? Or has it always been the case and no one realised? As the largest and most productive economy, they were always going to have the biggest voice, but are we seeing the point of no return?
As the old economic adage goes, there is no such thing as a free lunch. What price will the other 25 countries pay for the teutonic help?
Nonetheless, something has to be done or we will experience another jolt to our expectations and associated economic contraction. Or maybe....... if the Euro does fold, the cost is already priced into the market and the collective sigh of relief from 200m Europeans will provide an impetus, as our expectations think 'finally over' and get on with living. What is rational behaviour?
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