The euro is coming unzipped, and all the eurozone leaders ought to be doing now is preparing for an orderly break-up. But they won't. They will just go on saying 'we will do whatever it takes to save the euro' and coming up with more incoherent and ineffectual plans.Read it in full. How I do hope Ms. Synon is right.
The eurozone leaders are indeed like test pilots caught in a fighter-plane death spiral, unwilling to admit that they have tried everything, and there is nothing left to try.
Hope she's right
For some much needed optimism, I refer you to Mary-Ellen Synon, who writes:
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Quote: The eurozone leaders are indeed like test pilots caught in a fighter-plane death spiral, unwilling to admit that they have tried everything, and there is nothing left to try.
It is not a fighter plane - it is massive jumbo with the entire population of the EU sitting in economy, while untrained pilots are at the controls.
This is the reality version of Airplane 3.
Yes, I think that analogy is better... unfortunately.
R.I.P. Eurozone, very soon we hope, and take all the unelected Eurocrats down with you .Let European member states start making their own economic decisions. . . and start breathing freely again !
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