This daily financial crisis laugh, courtesy of Joseph Cotterill at Alphaville:
Says Cotterill:
"To criticise this feels a bit like kicking a puppy" and
But: “EU institutions had tried to stop them…” — seriously? Still, we suppose “Time to stick to the rules” beats “We blame hedge funds” … But it’s just as laughably trite.
Recall the self-satisfied EU celebrations of recent years — the inauguration of the euro and the famous blue Euro passport, the accession of all the Eastern European and ex-Soviet statelets, the gloating as the euro steadily revalued. Fortress Europe was strong and united at last. The 21st century belonged to the new Old World.
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