November 30, 2011
Money Flows, but What Euro Zone Lacks Is Glue
By STEVEN ERLANGER
PARIS — As European Union leaders prepare for yet another crisis summit meeting next week to discuss fundamental changes in economic governing, there are growing conc…
Europe is a three-card monte game and Greece is the pea and for the moment I’d guess that the pea is under a walnut shell called France. Or the French banks, to be specific. Their vaults are stuffed with Greek bond paper that is giving the whole nei…
Nouriel Roubini is calling it this morning, following a bout of dismal conomic data around the world.
Europe and the U.S. are “effectively in recession” and there’s nothing policy makers can do save them.
Read more: http://www.businessi…9#ixzz1YgV…
http://www.nytimes.com/2011/01/02/world/europe/02youth.html?hp
This article talks about the possibility of street action, and there have been some little dust-ups here and there, but my theory that as long as there’s pasta and olive oil on Momma’s kit…
Britain’s Queen Elizabeth II has canceled this year’s palace Christmas party because of the current economic climate, a spokesman said Thursday.
http://www.cnn.com/2010/WORLD/europe/10/14/england.queen.christmas.party/index.
html
The spokesman did no…
