Monday, October 06, 2008

An Ugly Head Rears

Economic crises expose buried and frequently ancient tensions. In Europe we seem to be confronted by the very ancient but not so deeply buried tension of nationalism. 

2 comments:

  1. Are you surprised? you did not actually believe this EUrope nonsense did you?

    It seems EUropes problems might be greater than that of the USAs.

    http://www.moneyweek.com/news-and-charts/economics/why-europe-could-be-the-credit-crunchs-next-victim-13758.aspx

    ReplyDelete
  2. Your actual Germans, at least the Bavarian faction have their eyes on more important matters at the moment, and aren't unduly concerned about the FiCri. Who can blame them.

    One thing's for sure, the media are on a planet of their own, planet panic.

    ReplyDelete