Tag Archives: The EU’s Answer To A Mountain It Calls A Molehill: Pretend The Molehill Is A Mountain –

John Ward – The EU’s Answer To A Mountain It Calls A Molehill: Pretend The Molehill Is A Mountain – 28 March 2012

When my devotions could not pierce thy silent ears, then was my heart broken, as was my verse. My breast was full of fears and disorder.          My bent thoughts, like a brittle bow, did fly asunder: Each took his way; some would to pleasures go, some to the wars and thunder                              Of alarms. From ‘Denial’ by George Herbert

As David Coleman would’ve said, “Thursday is the Big One”. At that eurozone FinMin’s summit, push meets shove in the face of a Germany desperate not to get exposed, an ECB desperate to inflate away debt, a Brussels desperate to make taxpayers the final debt guarantor,  and a US down-and-dirty desperate not to let contagion hit its shores. Continue reading