Showing posts with label Hegelian principle. Show all posts
Showing posts with label Hegelian principle. Show all posts

Thursday, 18 February 2010

Hegelian: France says economic union is solution to Greek debt crisis

It didn't take them long, did it?

The FT notes that France is pushing for an "economic government" for the eurozone in the wake of the Greek crisis. "It is too early to talk about this openly", said an official in Paris. "But let's face it, this Greek tragedy is probably the best way to get the debate moving forward. It is a wake-up call."

Ah, yes. Wait until Germany has decided on whether or not to bail out Greece, then let the media loose to hail economic union as the cure-all that we 'need', to avoid economic catastrophe!

Yeah, right. Problem, reaction, solution. Only they're not fooling many people any more.
"We are at a crossroads," Mr Balladur wrote in Le Figaro. "The time has come to move to a new stage."

"The issue of economic government is largely about Franco-German dialogue," said an official. "The president and chancellor talk about it each time they meet."
Get ready for the media onslaught and watch McDoom's reaction.

Cross-posted