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Is the Bundesbank spoiling for a fight over the destiny of EMU?
The Bundesbank is moving exorability to the Maurice Allais position that Europe will have to adopt regionalism, with all that implies namely the cessation of foreign workers and all immigration.I expect the same thing to happen in the US within a few years. There are too many non-productive people living off the public teat, for it to be sustainable as a whole. So expect it to break into two or three regions. Posted by: tipper 2011-02-22 |
| http://www.rantburg.com/poparticle.php?ID=316687 |