The American Empire in a Changing World


Wednesday, June 20, 2012

''The eurozone's people are like prisoners in Colditz''

From The Guardian

''It's not working, is it? No matter how many summits there are, no matter how many times the Greeks vote or Barack Obama pleads or David Cameron lectures from on high, nothing happens. The yield on Spanish bonds, that beckoning finger of apocalypse, goes relentlessly upwards. All we do is howl, simper and plead for Germany to do something, even just kick the can down the road. Alongside Europe's tottering mountain of debt lies a pit of intellectual emptiness.''

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