Forget the wolf pack the ongoing euro crisis was caused by EMU
Jean-Claude Trichet tells us the world faced a second Lehman crash in the days and hours before EU leaders launched their 720bn (£612bn) defence fund. If the European Central Bank's president is correct, we are in trouble. The EU-IMF package is already unraveling. What will the West do for its next trick?
Posted by: tipper 2010-05-16 |